More Timothy P. Carney Articles

  • 'He's the master of public subsidy': The life of a real estate developer

    The real estate industry may be the single biggest beneficiary of tax credits, carve-outs and subsidies on the federal and state level.

  • GOP can make 2014 elections a referendum on corporate welfare

    “Whose side are you on?” That's the Democratic mantra for the 2014 elections. It's the same “people versus the powerful” line that Democrats trot out every two years, because it works. But this year Republicans can turn this narrative on its head and make the midterm elections a...

  • Bipartisan agreement to keep subsidizing seaside homes

    Flood insurance in the U.S. is basically a government affair, which means it isn't really run like a business. That is, taxpayers backstop it, and insurance plans have not been priced according to risk. In 2012, Congress passed a reform that would try to limit taxpayer exposure by pricing...

  • Grassroots super PACs are mostly Tea Partiers

    You're familiar, I'm sure, with the liberal argument that the Tea Party is not a real grassroots phenomenon, but is instead the plaything of plutocrats.

  • 'Carried interest' and the limits of populism

    A millionaire managing a hedge fund might pay a lower tax rate on income greater than $1 million than a working man pays on income over $55,000. President Obama and the top Republican tax writer, Rep. Dave Camp of Michigan, agree this inequity should end. Obama in his latest budget, and Camp...

  • Regulatory Robbery: Car dealers try to crush Tesla dealerships

    In many states around the country, it's illegal for automakers to sell cars directly to people. The credulous liberal argument is that it's about consumer protection. Deborah Dorman supports a bill in New York State to explicitly ban automakers from selling direct to consumers. Scott Waldman...

From the Weekly Standard