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Happy Thanksgiving and a hearty huzzah for property rights. https://www.youtube.com/watch?v=66QdQErc8JQ


The Pilgrims and Property Rights: How our ancestors got fat & happy

The Pilgrims founded their colony at Plymouth Plantation in December 1620 and promptly started dying off in droves. As the colony's early governor, William B...
Tue, 25 Nov 2014 16:14:47 +0000
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"Swanson regards the government for which he works as 'a greedy piglet that suckles on a taxpayer’s teat until they have sore, chapped nipples...'"http://www.nationalreview.com/article/392713/hayekian-hoosier-charles-c-w-cooke


Charles C. W. Cooke - The Hayekian Hoosier
www.nationalreview.com
Editor’s Note: This article originally appeared in the November 3, 2014, issue of National Review. However talented he may be, no writer will ever be safe from his audience, for it is they who will eventually pronounce upon his meaning. Ray Bradbury once stormed indignantly out of a class at UCLA a…
Tue, 18 Nov 2014 15:32:43 +0000
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"Much has been made of the revenue decline as marginal tax rates were reduced but total tax revenue is still running ahead of inflation over the last ten years." http://kansaspolicy.org/KPIBlog/123094.aspx
Mon, 17 Nov 2014 15:53:11 +0000
Last Refreshed 11/27/2014 3:04:20 PM
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Tax Reform Lessons from Across the Pond
Posted by Todd Davidson on Friday, May 25, 2012

The Winfield Daily Courier recently called out proponents of Kansas' recent tax reforms; stating the reforms were based on a discredited economic theory. 

Perhaps if the Winfield Courier wasn’t convinced by our tax reform analysis, we should jump across the pond and see what those folks are saying.  The Centre for Policy Studies, based out of London, recently published this gem:  Small is Best: Lessons from Advanced Economies.

They found:

Econometric analysis of advanced OECD countries for the period 1965-2010 finds that a higher tax to GDP ratio has a statistically significant, negative effect on growth. For example, an increase in the tax to GDP ratio of 10 percentage points is found to lower annual per capita GDP growth by 1.2 percentage points. A similarly statistically significant negative effect on growth is found with a higher spending to GDP ratio. 

In layman's terms; higher taxes hurt economic growth. Also...

There is little evidence that small government countries have worse social outcomes:
  • Health outcomes are mixed: in the past 10 years, life expectancy in small government countries has been higher than in big government countries. Infant mortality has been lower in big government countries.  
  • Statistical evidence from the last 10 years suggests that small government countries achieve higher academic outcomes. 

They even made a video to go along with it:

For further reading check here and here.

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