By Brendan Bordelon Economist and liberal New York Times columnist Paul Krugman blasted America’s “ugly” affluent in a recent interview with PBS’ Bill Moyers, claiming the United States is rapidly “drifting toward oligarchy” and ridiculing “whining billionaires.” Follow TLR on Google+ Krugman was discussing Thomas Piketty’s new book “Capital in the Twenty-First Century,” which advocates the…
By Breanna Deutsch Researchers at the Fisher College of Business at Ohio State University recently found that Amazon sales took a hit in states after they introduced the online sales tax. Follow TLR on Google+ The study tracked the spending of around 245,000 households that spent at least $100 on Amazon during the first half of 2012,…
“One of the boys was punching the man in the face.” Follow TLR on Google+ SAN ANTONIO – A carjacker got more than he bargained for on Thursday when he leapt into Lucia Lozada’s car and sped away. The thief stole the car as the Lozada family prepared to leave for church. Lozada’s…
By Breanna Deutsch Not everyone is suffering from California’s tax burden. Elon Musk has successfully won subsidies and special tax privileges for his electric car company Tesla Motors and green energy company Solar City. Now he is asking lawmakers in Sacramento to exempt his venture SpaceX from California’s personal property tax, the Wall Street Journal reports….
By Breanna Deutsch Sriracha, the spicy Asian sauce, has recently stirred up a heated debate in Irwindale, California. Earlier this month, the Southern Californian city ruled that the area’s Huy Fong Foods Sriracha factory was a public nuisance after some residents complained they were experiencing adverse reactions to the spicy odor emanating from the factory,…
By Breanna Deutsch If you have a tax problem this year, you might be off the hook. Budget cuts and new responsibilities are weakening the Internal Revenue Service’s ability to police tax returns. This year, the IRS will have fewer agents auditing returns than at any time since at least the 1980s, reports the Associated Press. The…
By Breanna Deutsch Does the merger of large companies limit consumer choice, or is it a natural impulse of the free market? The proposed $45.2 billion amalgamation of the two leading cable service providers – Comcast and Time Warner Cable – has brought this question to the halls of Congress and conservative roundtables, dividing individuals…
By Greg Campbell The Colorado state legislature is considering doing away with a major source of revenue for many cities and towns — and a major headache for motorists — by banning red-light and photo-radar cameras. Follow TLR on Google+ The bill has bipartisan support, but police and some city leaders oppose the move, saying…
By Mark Splinter – Creator of “Confused Pro Putin Libertarians” American libertarians normally hear about Europe as a distant land full of castles and populated by lazy socialists who drink wine all day and argue about farm subsidies. In reality, that’s just France, and it’s not even the majority of France. Europe is a highly complex…
By Julia Morriss Should the government be able to regulate your occupation? It does it all the time, from florists to tree trimmers, mandating licenses and requirements before allowing people to make an honest living. And now the government wants to intrude further, and mandate even more requirements that hurt and restrain small business owners….