Roy Cordato

Senior Economist and Resident Scholar

Posts by Roy Cordato (page 3)

  • Milton Friedman takes (allegedly) Bernie Sanders to School…

    I’m not convinced it’s actually Bernie, but Sanders or not it’s still Friedman.
    Roy Cordato, November 1, 2017
  • More On the Deductibility of State and Local Taxes

    A couple week ago I argued in this Carolina Journal Daily Journal that it is bad tax policy for the federal government to eliminate the deduction for state and local taxes. I won’t repeat those arguments in this blog post, but generally I argued that it is illegitimate, from…
    Roy Cordato, October 31, 2017
  • NC goes from No. 12 to No. 11 in Tax Foundation Business Climate Ranking

    NC has gone from 12 to 11 in The Tax Foundation’s Business Tax Climate Index. Here’s two bits of commentary from the Executive Summary. The rankings for all states are also included in the summary. After the most dramatic improvement in the Index’s history in 2015—from 41st to 12th in…
    Roy Cordato, October 17, 2017
  • Federal Trade Commission Cronyism Exposed

    If you want to find out how the movie industry has, in conjunction with the Federal Trade Commission, rigged the regulatory game against their up and coming competitors on platforms like YouTube, watch well known YouTube creator and consultant MatPat’s latest Film Theory. Note that in less than 2…
    Roy Cordato, October 16, 2017
  • Norman Ture’ on the deductibility of state and local taxes

    Norman Ture’, who died in 1997, could be considered the godfather of contemporary supply side economics. He was the under secretary for tax and economic affairs under President Reagan and is recognized as the main architect of Reagan’s 1981 tax cut legislation. In almost every area he would be…
    Roy Cordato, September 29, 2017
  • NC’s full employment means Amazon would be stealing workers not creating jobs

    Today’s Carolina Journal’s “Daily Journal” features an important article by my colleague Jon Sanders on Amazon’s attempt to fleece North Carolina’s taxpayers in soliciting an unprecedented incentive package, i.e. bribe, from the State. If Governor Cooper and NC’s always-anxious-to-extend-the-corporate-gravy train legislature, hands over the booty Amazon wants, the corporate…
    Roy Cordato, September 22, 2017
  • Price Gouging Laws

    This is an excerpt from two different sections of North Carolina’s Price Control Laws: Harming Those They are Meant to Help, a monograph that I wrote for the Locke Foundation over a decade ago. It’s relevance to the current moment should be obvious. North Carolina’s Price Gouging Law—Prices Too High North…
    Roy Cordato, August 27, 2017
  • Some things never change

    Ludwig von Mises writing in 1923. Marxism had placed a strict prohibition on any preoccupation with the problems of the socialist social and economic system…Socialism had to be praised but not thought about.
    Roy Cordato, August 14, 2017