Categories
free trade & free markets general freedom

Wonders Never Cease

James May is one of the stars of a BBC television show called Top Gear. He’s the long-haired fellow who argues about cars with the show’s short chap and the host, a big, loud gentleman. May often serves as both the scholar and the avatar of common sense. And then, occasionally, his enthusiasm veers off into a pleasant madness.

Ah, television.

On TopGear.com he offers a fine essay on the joys of how things just work. He needed a new brake caliper for his aging auto, ordered it, and put it right in. “Nothing remarkable about that.” And yet, he has the wit to see that “nothing remarkable” is not quite right. Actually, he goes on, “it’s a matter for extreme wonderment.”

Precision isn’t easy. And yet precision is what we have, to amazing degrees, in the cars we rely upon.

In the manner of Adam Smith — who, in 1776’s Wealth of Nations, celebrated the complexity of building something as simple as a pin — May opines, “That something as complex as a car can be owned by ordinary people is, I think, one of the greatest achievements of humanity. It can be attributed to improved standards of living,” he concludes, and is “bloody marvelous.”

Yes. We may take things like cars for granted, but they aren’t “a given.” Their very existence depends on worldwide markets and a great degree of freedom.

Which we must also not take for granted.

This is Common Sense. I’m Paul Jacob.

Categories
national politics & policies tax policy too much government

Commiserations on Tax Day

It’s April 15, my eldest daughter’s birthday. I used to tell her she wouldn’t have to pay taxes like everyone else, because IRS folks wouldn’t dare make her file on her birthday, would they?

Seriously, when it comes to family and taxes, I’m just glad that my wife does all the work.

My job is getting the birthday cake.

You can understand why I’d shirk the tax work. There are 40,000 sections to the tax code, and no one understands it all.

This complexity has costs. And not just to my sanity. A whole industry has risen to ease the burden of figuring out our taxes. One hates to begrudge anyone an honest living, but really, most of today’s tax accountants would better serve humanity in some other job.

Simplifying taxes should be as important as tax reduction. Instead, because our representatives and our president just cannot stop themselves from spending more and more of our money, they are raising taxes. It’ll be on the proverbial rich, in the immediate future, but they won’t stop there.

They can’t stop there.

Why? Because if you took all the wealth — not just the income, but all the wealth — from every millionaire in the country, you still couldn’t pay all the future obligations of the federal government.

My darling daughter aside, April 15 is no day to celebrate. It’s tax day, and it marks the degradation of our nation at the hands of our politicians.

This is Common Sense. I’m Paul Jacob.