Consumers and producers are uniquely situated to make judgments about meeting their own wants and needs. So government regulation in the name of protecting consumers and competition-or in any other name for that matter-rarely lives up to its billing.
Small Towns, Big Tax Increases
The city of Whitesboro ignited a firestorm recently when officials suggested adopting a tax rate that would have skyrocketed the average homeowner’s property tax bill by 61 percent. The initial public hearing to discuss the matter drew hordes of angry Whitesboro residents who voiced their discontent. So much so, in fact, that city councilmembers tabled...