More Evidence on America’s Socialism

Chris Edwards — Wed, 16 Sep 2009 20:48:54 +0000

By Chris Edwards

KPMG has released its annual survey of personal income tax rates around the world. The survey covers 86 countries, including all the high-income nations and many middle- and lower-income nations, such as Brazil, China, and India.

The chart shows the top personal income tax rates in 2009 for national governments, per the KPMG study. The current top U.S. rate is 35 percent, which is substantially above the 86-country average of 28.9 percent. The Obama administration plans to let the U.S. rate jump to 39.6 percent in 2011, which would be almost 11 points higher than the international average.

Worse still, the United States has state income taxes with rates up to 10 percent that are piled on top of the federal tax. Some of the nations in the survey (e.g. Canada) also have subnational income taxes, but many, or most, of them do not.

Finally, note that supporters of government health care expansion have been eyeing further increases in the top U.S. tax rate above 40 percent. Alas, we need more of the Global Tax Revolution to sweep across our shores.

More Evidence on America’s Socialism is a post from Cato @ Liberty - Cato Institute Blog

A Picture Is Worth $300 Billion

Andrew J. Coulson — Wed, 09 Sep 2009 15:52:41 +0000

By Andrew J. Coulson

I blogged this morning that the research shows higher public school spending slows the economy, and explained that this is because spending more on public schools doesn’t increase students’ academic performance. Some readers no doubt find that hard to accept. With them in mind, I present the following chart:

Spending vs. Achievement

If public schools had merely maintained the level of productivity they exhibited in 1970, Americans would enjoy a permanent $300 billion annual tax cut. Now THAT would stimulate economic growth.

A Picture Is Worth $300 Billion is a post from Cato @ Liberty - Cato Institute Blog

A Transparency Reality Check

Jim Harper — Tue, 11 Aug 2009 14:37:31 +0000

By Jim Harper

David Axelrod, senior adviser to President Obama, emailed me yesterday (along with perhaps several million others) to tell me about a new effort on Whitehouse.gov to dispel “rumors and scare tactics” from people opposing even more government regulation of the health sector. I think the opponents of expanded regulation have the better arguments on the merits.

I was struck, though, by the effort that has gone into creating an entirely new section of Whitehouse.gov for a “Health Insurance Reform Reality Check,” complete with fancy graphics and videos. (I have modified one of those graphics to illustrate this post. Fun!) Meanwhile, the White House still hasn’t brought itself to do something that President Obama promised on the campaign trail: post bills online for five days before signing them.

Since I last updated the chart, President Obama has signed seven more bills. None of them were posted online for five days, though two were held at the White House for that long before they got the president’s signature.

It’s the president’s prerogative to use Whitehouse.gov for PR, of course. The site and the PR on it would have more legitimacy, though, if it were also a basic resource for information about the legislative business the president conducts — as he promised.

Because the White House has established no uniform location for posting bills, there’s always a chance that I missed postings. I welcome corrections.

In my search for posted bills I did find this blog post, which says “The President believes that a piece of legislation as important as the Recovery Act must be implemented with an unprecedented degree of transparency.” But as you can see below, he denied the public a chance to review the Recovery Act as he promised, making it Public Law 111-5 within a day of its presentment.

Public Law	Date Presented	Date Signed	Posted (Linked) for Comment?	Five Days?
P.L. 111-2, The Lilly Ledbetter Fair Pay Act of 2009	1/28/2009	1/29/2009	1/29/2009	No
P.L. 111-3, The Children’s Health Insurance Program Reauthorization Act of 2009	2/4/2009	2/4/2009	2/1/2009	No
P.L. 111-4, The DTV Delay Act	2/9/2009	2/11/2009	2/5/2009	Yes and No
P.L. 111-5, The American Recovery and Reinvestment Act of 2009	2/16/2009	2/17/2009	2/13/2009	No
P.L. 111-6, Making further continuing appropriations for fiscal year 2009, and for other purposes	3/6/2009	3/6/2009	No	n/a
P.L. 111-7, A bill to designate the facility of the United States Postal Service located at 2105 East Cook Street in Springfield, Illinois, as the “Colonel John H. Wilson, Jr. Post Office Building”	2/26/09	3/9/2009	No	n/a
P.L. 111-8, The Omnibus Appropriations Act, 2009	3/11/2009	3/11/2009	3/6/2009	No
P.L. 111-9, To extend certain immigration programs	3/18/2009	3/20/2009	No	n/a
P.L. 111-10, To provide for an additional temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958, and for other purposes	3/19/2009	3/20/2009	No	n/a
P.L. 111-11, The Omnibus Public Land Management Act of 2009	3/30/2009	3/30/2009	3/30/2009	No
P.L. 111-12, The Federal Aviation Administration Extension Act of 2009	3/24/2009	3/30/2009	No	n/a
P.L. 111-13, The Generations Invigorating Volunteerism and Education Act	4/20/2009	4/21/2009	No	n/a
P.L. 111-14, To designate the United States courthouse under construction at 327 South Church Street, Rockford, Illinois, as the “Stanley J. Roszkowski United States Courthouse”	4/14/2009	4/23/2009	No	n/a
P.L. 111-15, The Special Inspector General for the Troubled Asset Relief Program Act of 2009	4/14/2009	4/24/2009	No	n/a
P.L. 111-16, The Statutory Time-Periods Technical Amendments Act of 2009	4/30/2009	5/7/2009	No	n/a
P.L. 111-17, A joint resolution providing for the appointment of David M. Rubenstein as a citizen regent of the Board of Regents of the Smithsonian Institution	4/28/2009	5/7/2009	No	n/a
P.L. 111-18, A bill to repeal section 10(f) of Public Law 93-531, commonly known as the “Bennett Freeze”	4/28/2009	5/8/2009	No	n/a
P.L. 111-19, The Civil Rights History Project Act of 2009	4/30/2009	5/12/2009	No	n/a
P.L. 111-20, The Protecting Incentives for the Adoption of Children with Special Needs Act of 2009	5/5/2009	5/15/2009	No	n/a
P.L. 111-21, The FERA	5/19/2009	5/20/2009	No	n/a
P.L. 111-22, The Helping Families Save Their Homes Act of 2009	5/20/2009	5/22/2009	No	n/a
P.L. 111-23, The Weapon Systems Acquisition Reform Act of 2009	5/21/2009	5/22/2009	5/14/2009	No
P.L. 111-24, The Credit Cardholders’ Bill of Rights Act of 2009	5/20/2009	5/22/2009	5/14/2009	No
P.L. 111-25, The Ronald Reagan Centennial Commission Act	5/21/2009	6/2/2009	No	n/a
P.L. 111-26, To designate the facility of the United States Postal Service located at 12877 Broad Street in Sparta, Georgia, as the “Yvonne Ingram-Ephraim Post Office Building”	6/9/2009	6/19/2009	No	n/a
P.L. 111-27, To designate the facility of the United States Postal Service located at 300 East 3rd Street in Jamestown, New York, as the “Stan Lundine Post Office Building”	6/9/2009	6/19/2009	No	n/a
P.L. 111-28, To designate the facility of the United States Postal Service located at 103 West Main Street in McLain, Mississippi, as the “Major Ed W. Freeman Post Office”	6/9/2009	6/19/2009	No	n/a
P.L. 111-29, To designate the facility of the United States Postal Service located at 3245 Latta Road in Rochester, New York, as the “Brian K. Schramm Post Office Building”	6/9/2009	6/19/2009	No	n/a
P.L. 111-30, The Antitrust Criminal Penalty Enhancement and Reform Act of 2004 Extension Act	6/19/2009	6/19/2009	No	n/a
P.L. 111-31, The Family Smoking Prevention and Tobacco Control Act	6/16/2009	6/22/2009	No	n/a
P.L. 111-32, The Supplemental Appropriations Act, 2009	6/19/2009	6/24/2009	No	n/a
P.L. 111-33, The Native American Heritage Day Act of 2009	6/16/2009	6/26/2009	No	n/a
P.L. 111-34, To designate the Federal building and United States courthouse located at 306 East Main Street in Elizabeth City, North Carolina, as the “J. Herbert W. Small Federal Building and United States Courthouse”	6/19/2009	6/30/2009	No	n/a
P.L. 111-35, To designate the Federal building located at 799 United Nations Plaza in New York, New York, as the “Ronald H. Brown United States Mission to the United Nations Building”	6/19/2009	6/30/2009	No	n/a
P.L. 111-36, The Webcaster Settlement Act of 2009	6/19/2009	6/30/2009	No	n/a
P.L. 111-37, The Veterans’ Compensation Cost-of-Living Adjustment Act of 2009	6/25/2009	6/30/2009	No	n/a
P.L. 111-38, A bill to provide additional personnel authorities for the Special Inspector General for Afghanistan Reconstruction	6/24/2009	6/30/2009	No	n/a
P.L. 111-39, To make technical corrections to the Higher Education Act of 1965, and for other purposes	6/26/2009	7/1/2009	No	n/a
P.L. 111-40, A bill to award a Congressional Gold Medal to the Women Airforce Service Pilots (”WASP”)	6/24/2009	7/1/2009	No	n/a
P.L. 111-41, The Korean War Veterans Recognition Act	7/27/2009	7/27/2009	No	n/a
P.L. 111-42, Approving the renewal of import restrictions contained in the Burmese Freedom and Democracy Act of 2003, and for other purposes	7/27/2009	7/28/2009	No	n/a
P.L. 111-43, A bill to provide for an additional temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958, and for other purposes	7/30/2009	7/31/2009	No	n/a
P.L. 111-44, The New Frontier Congressional Gold Medal Act	7/27/2009	8/7/2009	No	n/a
P.L. 111-45, To authorize the Director of the United States Patent and Trademark Office to use funds made available under the Trademark Act of 1946 for patent operations in order to avoid furloughs and reductions-in-force, and for other purposes	7/27/2009	8/7/2009	No	n/a
P.L. 111-46, To restore sums to the Highway Trust Fund, and for other purposes	8/4/2009	8/7/2009	No	n/a
P.L. 111-47, Making supplemental appropriations for fiscal year 2009 for the Consumer Assistance to Recycle and Save Program	8/6/2009	8/7/2009	No	n/a

A Transparency Reality Check is a post from Cato @ Liberty - Cato Institute Blog

Cato @ Liberty » chart

More Evidence on America’s Socialism

A Picture Is Worth $300 Billion

A Transparency Reality Check