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.