Roy Cordato

rcordato@johnlocke.org

Related Freeman Articles

Article

Taxing Investment

The income tax penalizes saving.

JANUARY 23, 2012 by ROY CORDATO

The income tax double-taxes saving relative to consumption, that is, reduces the returns to saving twice, while reducing the returns to consumption just once.

Article

Deficit Spending and Future Generations: Not What You Might Think

MAY 21, 2009 by ROY CORDATO

Ultimately, the real choice is not between deficit-financed and tax-financed spending. The moral question is whether we should have more spending and bigger government with less liberty or less spending with a smaller government and more liberty. The hand-wringing on the left and right about passing the cost of "stimulating" our economy onto future generations is misplaced. No matter how it's financed, Obama's new spending has the potential to stimulate only one thing: the size, scope, and power of government.

CURRENT ISSUE

July/August 2014

The United States' corporate tax burden is the highest in the world, but innovators will always find a way to duck away from Uncle Sam's reach. Doug Bandow explains how those with the means are renouncing their citizenship in increasing numbers, while J. Dayne Girard describes the innovative use of freeports to shield wealth from the myriad taxes and duties imposed on it as it moves around the world. Of course the politicians brand all of these people unpatriotic, hoping you won't think too hard about the difference between the usual crony-capitalist suspects and the global creative elite that have done so much to improve our lives. In a special tech section, Joseph Diedrich, Thomas Bogle, and Matthew McCaffrey look at various ways these innovators add value to our lives--even in ways they probably never expected.
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