$55 Million Paid to Kids to Do Nothing

Records provided to CNN show that $54.5 million was spent on the NRI program, mostly through the governor’s discretionary fund, which doesn’t require legislative approval. The only data on the program’s accomplishments come directly from the Illinois...

Who Would Rather Not Work?

This first came up (recently at least) with the Hostess workers: Interviews with more than a dozen workers showed there was little sign of regret from employees who voted for the strike. They said they would rather lose their jobs than put up with lower wages and...

$45k/yr is the “New Rich”

Implemented in 1969 to make sure upper-income Americans pay their share of taxes, the AMT has increasingly snared more middle-income Americans over the years because it was never indexed for inflation. During the 2011 tax year for example, the higher tax hit single...

2/3 of Millionaires Avoid 50% Tax Rate

Two-thirds of millionaires left Britain to avoid 50p tax rate Almost two-thirds of the country’s million-pound earners disappeared from Britain after the introduction of the 50p top rate of tax, figures have disclosed. via Telegraph. Shhhhh…  This is a secret. ...

Milton Freedman on Social Justice

When you aim for equality A and B decide what C shall do for D. Except they take a little bit of a commission along the way. [youtube http://www.youtube.com/watch?v=gMLjkt87ICo] Hat tip to TheTamminator // Hillbuzz