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Opinion: Tax Bad Choices, Not Necessities

(July 12) -- With government at every level desperately seeking more revenue to cope with soaring deficits, citizens should evaluate all tax proposals according to two crucial principles: It's better to tax choices than necessities, and bad choices deserve taxation more than good choices. For one thing, these distinctions...

Debate: Don't Take Anything Off the Table

(April 14) -- Editor's note: This piece is excerpted from the current issue of National Affairs. Everyone understands that the federal government's finances are a mess and that policymakers have failed to take the problem seriously. "Paying for what you spend is basic common sense," President Barack Obama quipped in June....

Opinion: President's Budget Is a Start, at Least

(Feb. 1) -– The president's budget elevates the issue of fiscal responsibility (good), but fails to achieve it (not good). President Obama proposes spending $3.8 trillion next year and borrowing $1.3 trillion of that. The massive deficits the nation now faces would gradually fall to $706 billion in 2014, before...