Showing posts with label profit. Show all posts
Showing posts with label profit. Show all posts

Forfeiture Laws Turn Public Officials Into Profiteers

by Steven Greenhut.      The federal agents who cracked down on the illegal distribution of alcoholic beverages traditionally were called “revenuers.” I always liked the simple honesty of the term, given that the main goal of the revenuers was, as the name implied, to track down moonshining scofflaws who didn’t pay their taxes.         ... MORE

John Stossel: Gas Myths

Plan to drive more this summer?     Annoyed by the price of gas? Complaining that oil companies rip you off? I say, shut up. Even if gas costs $4 per gallon, we should thank Big Oil. Think what they have to do to bring us gas. Oil must be sucked out of the ground, sometimes from war zones or deep beneath oceans. The drills now bend and dig sideways   ... MORE

Apple Shows It Is Time To Abolish Corporate Tax

by Evan Soltas.    Tim Cook, the chief executive of Apple Inc., came to the U.S. Senate on May 21 to advocate an overhaul of the nation's corporate tax code. Tax profits at 20 percent, Cook said, and offer no loopholes, no deductions, no complexities. The recommendation might seem radical. It isn't. Apple might be a visionary in consumer    ... MORE

John W. Whitehead: Highway Robbery, Government Style

Policing for profit is a bad thing for citizens.     Long before Americans charted their revolutionary course in pursuit of happiness, it was “life, liberty, and property” which constituted the golden triad of essential rights that the government was charged with respecting and protecting. To the colonists, smarting from mistreatment at the  ... MORE

Kyle Becker: The Power Motive And The Profit Motive

Which one should you trust?    The most common misconception in America's warped political culture is that modern liberals tend to be altruistic and compassionate, while conservatives are self-centered, greedy old misers. On the contrary, not only are many modern liberals driven by a personal profit motive via the aegis of government, but they are   ... MORE

Stephen J. Dunn: Nothing Civil About Asset Forfeiture

Policing for profit is a license to steal.   On receiving his monthly bank statements, a small business owner notices that the United States government has seized the balances of his accounts during the month. He calls the bank, and is given contact information of a Special Agent of the Internal Revenue Service Criminal Investigation Division. The    ... MORE

Washington Times: Government Land Grab Put To Bed

Feds lose in attempted theft of motel.         The Motel Caswell in Tewksbury, Mass., won’t be found on any world’s best hotel lists, but it has become a five-star example of the need for Congress to enact comprehensive civil asset-forfeiture reform. The motel, a mortgage-free property worth more than $1 million, has been owned and operated ... MORE

Katie Kieffer: Wishing You Capitalism On Earth

The right wish.   We wish each other "peace on earth." Wishing is not enough. We must act on this wish by promoting capitalism on earth. Too many people (including some religious leaders) are promoting the idea that re-distribution of wealth or “social justice” is the best way to foster peace. But Christians and Jews need only read the Old         ... MORE