Automobiles Are Superior To Public Transit and It’s Not Even Close

Introduction Among the things that irk me these days are these yuppie urban planning folk. It's not to say they don't have fair and reasoned points at times, but the more radical of them espouse the economic and environmental benefits of 'abolishing' the suburb and the automobile. I find such a position incorrect and worth … Continue reading Automobiles Are Superior To Public Transit and It’s Not Even Close

Retrospectively Calculated Capital Gains Tax

There's a minor debate always ongoing about how we ought to tax income from capital gains, which is at present taxed separately from ordinary income, at preferential rates. There have been many proposals, such as eliminating the preferential rates or taxing gains on a mark-to-market basis, which is tricky since share prices tend to fluctuate … Continue reading Retrospectively Calculated Capital Gains Tax