Sin taxes are often justified by claiming that the item/behavior taxes costs the taxpayer money. By applying a tax, the government claims it can pay for the public services that the behavior produces a need for as well as increasing the cost of the behavior thereby discouraging continuation. The most obvious example is the cigarette tax. Increased prices supposedly incentivize smokers to quit or at least temper their addiction, while revenues from the tax can pay for health services.
But what…
Your hosts Richard Morrison and Cord Blomquist welcome back special guest co-host Michelle Minton for Episode 35 of the LibertyWeek podcast. We begin with a celebration of human achievement and a peek into the realm of secret government documents. We then investigate how the White House is going to waste another $1 trillion of your money and how the British beer tax has managed to kill off 20,000 jobs. Finally we focus on the history of the scandal-addled Sen. Dodd of…
Your hosts Richard Morrison and Cord Blomquist bring you Episode 32 of the LibertyWeek podcast with special guest Sam Kazman and surprise guest co-host Jeremy Lott. We start by looking into the possible future of the Federal Communications Commission with nominee Julius Genachowski about to ascend to the chairmanship, and then take another stroll through the New Great Depression with high-level financial talks between unpopular British Prime Minister Gordon Brown and über-popular President Barack Obama. Oregonian brewers fight a proposed fifteen…
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