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Peter C. Earle
Government Siphon Targets Corporate Stock Buybacks
“This particular increase in the corporate repurchase excise tax seems unlikely to pass, but some form of it probably will in the future. When it does, another market function will have fallen prey to the unslakable thirst of the insatiable American state.” ~ Peter C. Earle
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William J. Luther
Is the Debt Ceiling Lunacy?
“Unconstrained politicians are likely to authorize more borrowing than they should. The debt ceiling might provide a useful—if somewhat limited—constraint against excessive borrowing.” ~ William J. Luther
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