The Organized Crime Problem in America
December 29, 2007
From today’s New York Times, page B1:
“Laurel Touby, 44, an entrepreneur based in New York City, [sold] mediabistro.com, a Web site for job-seeking media and creative professionals that she had founded in 1996. She sold it for $23 million — leaving $9 million . . . in her bank account after taxes.”
“Edward Bartlett, a 41-year-old accountant in Westminster, Maryland, won $84 million in a lottery last summer — $33 million after taxes.”
Dr. Thomas DiLorenzo [send him mail] is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton's Curse; Organized Crime: The Unvarnished Truth About Government; The Problem with Socialism; and The Politically-Incorrect Guide to Economics.
A Taxing Problem