America’s most trusted source for news and information.
"The truth is not a crystal that can be slipped into one's pocket, but an endless current into which one falls headlong."
Robert Musil
E-mail:
manwithoutqualitiesblog
@yahoo.com
LINKS
The real and peerless Robert Musil
More on the real Robert Musil and his work
Virginia
Postrel
InstaPundit
KausFiles
OpinionJournal
HowAppealing
RatherBiased
Parapundit
BetsysPage
BlissfulKnowledge
Cathy's World
DoktorFrank
LibertarianLeanings
JumpingToConclusions
FromTheGroundUp
TransterrestrialMusings/
RandSimberg
KevinHoltsberry
KerryHaters
Bit'sBlog
The Blogging Caesar
DissectingLeftism
AsymmetricalInformation
ChicagoBoyz
InsultsUnpunished
MaxPower
OverLawyered
AtlanticBlog
CyberAlerts
PrestoPundit
Commentariat
GodOfTheMachine
SneakingSuspicions
Econopundit
DavidWarsh
StuartBuck
DailyPundit
Croooow Blog
BalloonJuice
OffWingOpinion
Cornfield
DoctorWeevil
GreatSatan
Lileks [w/Bleat]
PeterSeanBradley
VikingPundit
MinuteMan
RobinRoberts
CommonSense
LynxxPherrett
indiawest
PoorAndStupid
BenShapiro
SineQuaNon
JayCaruso
ClaremontInstitute
CanOfWorms
DonHagen
f3
IdiotQuotient
PerfectlyUseless
![[Powered by Blogger]](http://buttons.blogger.com/bloggerbutton1.gif){kind=small}
The Wall Street Journal Europe has an excellent editorial calmly analyzing the cutting edge of Germany's current efforts to underme its own economy. Example:
Mr. Schroeder is going after one of the few havens of relative tax-freedom in tax-heavy Germany -- long-term capital gains. Monday's proposal would tax, at a 7.5% effective rate starting in February, the gains from sales of securities held for more than a year and property held more than 10 years. No one in Germany thinks this will stimulate the economy. But the government says it needs the money, so it's taking it any way it can. Apparently the idea that it's precisely in tough economic times that Germany's citizens can least afford new taxes was not much of a consideration.
Have economists studied whether it's possible to ski down a Laffer curve? Germany seems poised to find out.