Britain

Corporate Tax Rates and Revenues in Britain

If Republicans succeed in slashing the federal corporate tax rate from 35 percent to 20 percent or less, the tax base will expand as investment increases and tax avoidance falls. There is no need for a legislated expansion in the tax base, as the GOP is proposing with its “border adjustment” scheme. The tax base will broaden automatically over time to offset the government’s revenue loss from the rate cut.

British Student Jailed over a Tweet

I had to read this story twice and I still cannot quite bring myself to believe it. Apparently, a British judge sentenced a 21 year old biology student to 56 days in jail for making fun of a tragic near-death experience of a soccer player.

Disgraceful Soundbite from the London Riots

I don’t know which part of this truly dismaying interview is more upsetting: the joy in their voices as these girls describe the “fun” they are having at the riots and their hope that they continue the next day, the class-warfare-based justification they feel for the looting and burning of shops, or their almost comic ignorance of which party holds control of the government (“Conservatives. Yeah. Whatever who it is. I dunno…”).

Listen and Weep, courtesy of the Beeb.

A ‘Special’ Relationship?

When President Obama meets with British Prime Minister David Cameron in London, they should focus on the two wars that involve both the U.S. and British militaries (Afghanistan and Libya). But these discussions will take place in the context of diminishing British military capability.

The Wonders of Socialized Dentistry

As we all know, the American health care system is less than perfect.  An inefficient amalgam of government spending, federal tax incentives, employer-based insurance, and private providers, the U.S. system costs us more than it should for the services provided.  Nevertheless, medicine in America remains far more directed by and for patients, in contrast to nationalized systems, which are usually organized by and for bureaucrats.

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