May 2005 Volume 12 Number 5

3.45 Percent Flat Tax, Anyone?

May 01, 2005

President Ronald Reagan understood the burden imposed by high income tax rates on American citizens. He introduced tax reforms designed to lower income tax rates and broaden the income tax base. These tax reforms set the stage for the most remarkable period of economic growth in the post-World War II period. There is the story of economist Arthur Laffer meeting ... Read More >

More Money Won't Help Students

May 01, 2005

The lottery has been much in the news lately, and many people are atwitter about the prospect of the state's monopoly lottery providing new money for the state's monopoly school system. Everyone continues to ignore the corpse at the dinner party: More money isn't likely to help. Writing in a recent issue of "Southwest Economy," a publication of the Federal Reserve Ba... Read More >

The Truth about TABOR

May 01, 2005

The American Heritage dictionary defines desperation as "recklessness arising from despair." And judging by the reckless rhetoric coming from some opponents of the Taxpayers' Bill of Rights (TABOR) amendment, it's clear that they consider TABOR a major threat to their big-government ways and are desperate to preserve their endangered chunk of the state budget at almo... Read More >

... But Parental Choice Will

May 01, 2005

Many in Oklahoma's education establishment like to argue that school choice in this state is a nonstarter because Oklahomans currently "choose" public schools over private ones by a ratio of better than 9 to 1. But let's look a little closer. Education reporter Mike Antonucci asks, "If the government, under the force of law, takes money from my paycheck every mon... Read More >

Remembering the Reagan Restoration

May 01, 2005

Mr. Reagan was the most consequential President since FDR because of his ideas,? the nation?s leading financial daily editorialized after his death. ?His Presidency was at root about returning a country that was heading toward decline back to its founding principles of individual liberty and responsibility. At the time it was called a ?revolution? but his era is better und... Read More >

2005 Oklahoma Citizenship Award Dinner Honors Ronald Reagan

May 01, 2005

The 2005 Oklahoma Citizenship Award Dinner on March 24 received rave reviews as citizens from across the state filled the Sam Noble Special Events Center at the National Cowboy and Western Heritage Museum to hear Michael Reagan talk about his dad and his life growing up as a member of the Reagan family. "It is great to be here in Oklahoma ... I have really a lot of c... Read More >

Quote Unquote

May 01, 2005

?After WWII, opinion was socialist while practice was free market; currently, opinion is free market while practice is heavily socialist. We (free-marketers) have largely won the battle of ideas ... we have succeeded in stalling the progress of socialism, but we have not succeeded in reversing its course.? Nobel Prize-winning economist Milton Friedman ?In a democracy, th... Read More >

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