Capitalism (page 3)

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    Soaking the rich with a wealth tax

    It’s so easy to let jealousy trump good sense. I think that’s what a ‘wealth tax’ is all about. A wealth tax, you see, is much more than hiking taxes on high earners because you think they don’t pay their ‘fair share.’ It’s about taking away the fruits of…
    Donna Martinez, January 21, 2021
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    Biden’s $15 Minimum Wage: Who Wins and Who Loses

    President Joe Biden has proposed a $1.9 trillion relief package. As City Journal puts it, “Feel Good Now – Pay Later.” Columnist Allison Schrager keys in on a key component: a federal minimum wage hike to $15 per hour. The plan includes a national $15 minimum wage and elimination…
    Donna Martinez, January 19, 2021
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    NC bars and taverns struggle to stay afloat

    Among the North Carolina businesses hardest hit by Gov. Roy Cooper’s COVID-19 shutdowns are bars, taverns, and distillers. Very few customers means very little — if any — revenue to pay the bills and the employees. For some, it’s the end of the line. Others are suing to…
    Donna Martinez, January 11, 2021
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    NYT, WaPo launch latest attacks on capitalism

    Monica Showalter writes for the American Thinker about journalistic malpractice from two of the nation’s leading newspapers. … [T]he mainstream media are pushing another fraudulent “narrative,” this one of America rejecting capitalism. Both the New York Times and the Washington Post opened the new year with an appalling…
    Mitch Kokai, January 4, 2021
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    Start the New Year on a Positive Note

    By celebrating two-hundred years of progress. The spread of classical liberal institutions like limited, constitutional government, representative democracy, private property, and rule of law dramatically improved the lives of billions. Don’t let anyone tell you, “Liberalism has failed.” Liberalism (in the classical sense) has been a stunning success! (H/T,…
    Jon Guze, January 1, 2021
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    Happy 80th birthday, Fred Smith

    Competitive Enterprise Institute founder and Chairman Emeritus Fred Smith celebrated his 80th birthday over the weekend. To mark the occasion, we revisit timeless observations from his 2014 interview with CarolinaJournal.com. Kokai: You wrote a column … that has the headline, “We’re in a Cultural War between the Forces of…
    Mitch Kokai, December 28, 2020
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    A disturbing economic adviser for Biden

    Charles Fain Lehman of the Washington Free Beacon profiles a new member of President-elect Joe Biden’s advisory team. President-elect Joe Biden announced Monday that he will appoint Joelle Gamble, who previously worked as a principal at the social-change investment firm funded by liberal billionaire Pierre Omidyar, as a…
    Mitch Kokai, December 23, 2020
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    North Carolina Must Rein In Governor’s Emergency Powers

    Gov. Roy Cooper has taken long-term control of the movements and actions of more than 10 million North Carolinians through the state’s Emergency Management Act. His long-term use of the act during COVID-19 has spurred big concerns over the restrictions on liberty, Cooper’s interpretation of the act, and the…
    Donna Martinez, December 17, 2020