Magazine September 10, 2012, Issue

Energizing the Economy

Leash the regulators and unleash the oilmen

Conservatives dismayed by the fact that the United States is home to the highest corporate-tax rate in the developed world are welcoming Mitt Romney’s proposal to reduce it from 35 percent to 25 percent, but his biggest proposed tax cut has nothing to do with taxes as such.

Running well in excess of $1 trillion a year by most estimates — and closer to $2 trillion by the Small Business Administration’s reckoning — the cost of complying with federal regulations is a much bigger burden on American businesses than taxes are. The expense of regulation is in effect a form of

In This Issue

Books, Arts & Manners

Politics & Policy

Rubio Rising

Immediately after Mitt Romney clinched the Republican nomination in May, we political analysts found ourselves immersed in the veepstakes. This is essentially a gussied-up form of entrail reading, and the ...
Politics & Policy

Regime Change

Sometime in 2007, a documentary filmmaker named Lauren Greenfield insinuated herself into the lives of David and Jackie Siegel, a septuagenarian time-share tycoon and his middle-aged, much-augmented wife. At the ...
City Desk


People are not the only immigrants in the world. The age of discovery began a transatlantic exchange of animals, plants, and germs. Most of us know about the devastating effects ...


Politics & Policy


The Iraqi Rotary Yuval Levin hit the nail on the head with “The Hollow Republic” (August 13). I was reminded of a speech I heard in 2004 by an administrator in ...
Politics & Policy

The Week

‐ When Harry Reid said the candidate was “light-skinned” and had “no Negro dialect, unless he wanted to have one,” who knew he was talking about Biden? ‐ You want to ...
Politics & Policy


MEMORIES OF ENGLAND So, having tackled most of Churchill’s History, Surfed the net for tickets and a book, Hopped a jet and, spellbound by the mystery Of dynasty and tomb, gulped with a look The ...


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