John Kerry, Isabel, and the expiration of the Bush tax cuts

Congressional Democrats don’t always legislate as though they understand human nature. In fact, legislation in theory often deviates from its practical implementation. Senator John Kerry’s recent attempt to avoid the high boat-use tax rates of the Bay State shows that when a legislative body aims to alleviate its fiscal morass by imposing ever-higher tax rates on its people they often only succeed in producing unintended consequences. Those advocating the expiration of the Bush tax cuts should take note.

Read more: