Huckster of the Month: Cato's Chris Edwards
By Lee Russ
Monday, August 25, 2008 at 05:47 PM
Remember the WTW story on how many corporations pay no taxes? Well, it sure isn't easy, but the Cato Institute's Chris Edwards found a way to make that sad story an aargument for lowering the corporate tax rate. And I assume he said this with a straight face: "By lowering the U.S. tax rate, you are giving companies less incentive to cheat and move their profits offshore."
Well. Imagine that. Impeccable reasoning, eh? And from an "expert" who "has a book coming out" about the problem of companies not paying taxes.Now let's see, how else could we use this brilliant reasoning to improve the state of the world around us?
- Reduce the incentive to cheat on school exams by...not having exams, or not having many exams.
- Reduce the incentive to pretend you're sick to get out of work by...letting employees take time off any time they want it.
- Reduce the incentive for criminals to run from the police by...reducing the penalty for all crimes to something any criminal could live with.
- Reduce the incentive to avoid paying your bills by...never having anyone receive a bill.
- Reduce the incentive to cheat in sports by...doing away with all rules.
- Reduce the amount of voting fraud by...doing away with all criteria for voting eligibility.
- Reduce the amount of violence toward children by...having fewer children.
- Reduce the incentive for insurers to deny claims by...reducing the amount of losses the insurance covers.
- Reduce the incentive for air carriers to cheat on maintenance by...not requiring that air carriers perform any maintenance.
- Reduce the incentive for wars by...destroying everything in the country worth going to war over.
- Reduce the incentive for drug manufacturers to cheat on their drug studies by...doing away with all regulations on drugs.
Oh, wait, I forgot one other area where we could reduce wrongdoing this simply. Leet's reduce the incentive for self-serving bullshit piled higher than an elephant's eye by...getting rid of Cato.