A daring, brilliant idea that should have happened here instead of Honduras:
Small government and free-market capitalism are about to get put to the test in Honduras, where the government has agreed to let an investment group build an experimental city with no taxes on income, capital gains or sales.
Proponents say the tiny, as-yet unnamed town will become a Central American beacon of job creation and investment, by combining secure property rights with minimal government interference.
Kind of sad, isn't it, that such an experiment couldn't happen here given the accumulated weight of state and federal regulations? And with the Keloization of America, our property isn't even ours anyway.
