Libertarian law professor Richard Epstein has a new column up at Forbes.com. Highlights: Professor Epstein notices that people are still quoting Justice Oliver Wendell Holmes: "Taxes are the price that we pay for a civilized society." Mr. Epstein:
when Holmes penned those words in 1902 the tax burden stood at 1.3% of GDP. By 2000 the tax burden exceeded over 20%, a number that looks almost blissfully low in light of the massive new Obama taxes. Some taxes are necessary for civilization, but surely every tax, no matter how dumb, is not.
Good stuff.