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In those cases, further rate hikes will decrease collections

Yesterday, the "European Parliament," which sounds, ironically, like a brand of cigarettes, but I'll take the WSJ's word that it's actually some sort of lawmaking body, voted to ban "menthol and other flavored cigarettes" throughout the entire European Union

Clearly, however, these people never heard of the Laffer curve, despite it being the basic economic premise behind such "sin taxes." Simply put, the Laffer curve argues that there is a point where a tax rate can be so high, it actually collects less revenue by encouraging individuals to avoid the behavior or product being taxed

Walt Disney rose from obscurity to the most recognized American of his time, and perhaps of any time