10/12/2017

Let The Catalonians Leave

John Stossel, Reason

The United States was born when the Founding Fathers seceded from England.

So why do so many people now see secession as a terrible thing?

Recently, people in Catalonia voted to break away from Spain—not to declare war on Spain or refuse to trade with Spain, just to control their own affairs.

The Spanish government said they must not even vote. They sent police to shut down polling places and beat protestors into staying off the streets.

Governments never want to give up power.

The European Union was offended and American politicians shocked when the United Kingdom voted to exit the EU (Brexit). Pundits declared Britain's move a terrible mistake.

But local governments can be more responsive to the needs of constituents. No government is perfect. But keeping government close to home, keeping it local, makes it easier to keep an eye on it.

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In Search Of History

The Reagan Tax Cuts Worked

Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).

 

-- Daniel J. Mitchell,

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