More on magical cigarette tax

We heard a lot earlier this year about how great things would be if we only raised the cigarette tax in Kentucky. The Lexington Herald Leader continues the charade today with an editorial comparing us, unfavorably, to Massachusetts: “Kentucky has fewer teachers than a year ago. Massachusetts has fewer smokers.” “Why, you ask, would these…

New pension scandal may wake us up here

Unions have used unsustainable pension benefits as a weapon against corporations and governments for decades. In most cases, both sides spent much of that time unconcerned about the damage their game would do to their successors and, primarily, to the people paying the bills — shareholders and taxpayers. Most corporations and many governments have figured…