Freeman

IN BRIEF

Oil Tax Breaks Survive Senate Vote

MAY 18, 2011

“The Senate on Tuesday blocked a Democratic proposal to strip the five leading oil companies of tax breaks that backers of the measure said were unfairly padding industry profits while consumers were struggling with high gas prices.” (New York Times)

Discretion in the hands of politicians is dangerous.

FEE Timely Classic
“Tax Breaks Aren’t Subsidies” by Sheldon Richman

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Heavily-armed police and their supporters will tell you they need all those armored trucks and heavy guns. It's a dangerous job, not least because Americans have so many guns. But the numbers just don't support these claims: Policing is safer than ever--and it's safer than a lot of common jobs by comparison. Daniel Bier has the analysis. Plus, Iain Murray and Wendy McElroy look at how the Feds are recruiting more and more Americans to do their policework for them.
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