Wealth Tax Fails The Test Around The World
Investor’s Business Daily There’s little doubt that the political flavor of the day is what the left calls “democratic socialism.” And one of this movement’s more recent ideas, from Sen.…
For Democrats, The Era Of Big Government Is Back, Big Time
Investor’s Business Daily Leading Democrats are pushing an agenda that would more than double the size of the federal government. This comes as a new Gallup Poll finds that the…
The Crippling Cost of 70% Tax Rates
By Edward Conard • Wall Street Journal Newly elected Rep. Alexandria Ocasio-Cortez spent her first few weeks on Capitol Hill calling for a 70% top marginal income-tax rate, and suddenly…
No, The Deficit Isn’t ‘Soaring,’ And Yes, Tax Revenues Are At Record Highs
Investor’s Business Daily In the first two months of the new fiscal year, tax revenues are up. But so is the deficit. Why? Because spending continues to outpace revenues. So…
House Democrats Change Rules to Make It Easier to Raise Taxes
by Haris Alic • Washington Free Beacon Democratic Rep. Nancy Pelosi (Calif.) has yet to take the speaker’s gavel of the U.S. House of Representatives, but Democrats are already laboring…
Elizabeth Warren’s Corporate Catastrophe
By Samuel Hammond • National Review The ability of businesses to grow rapidly is a one of the most defining and precious features of the American economy. Amazon went from…
Supreme Court Opens The Door To Internet Taxes — What Comes Next Could Be A Lot Worse
By Investor’s Business Daily Taxes: Whatever you think about the issue of taxing internet sales, the simple fact is that the Supreme Court has just guaranteed that people across the…
One Stat Explains Why The California Legislature Is Prone To Pass Outrageous Laws
By Chuck DeVore • The Federalist A California lawmaker recently came up with the bright idea that waiters who serve unrequested straws should go to jail for six months because…
Taxing Innovators To Pay For Universal Welfare Is A Terrible Idea
Investors Business Daily Taxes: A new “study” in Britain suggests that by raising taxes sharply on Facebook, Amazon and Apple, the government could pay for a universal basic income (UBI)…
Taxpayers Spend 113 Days Working to Pay Nation’s Tax Burden
Ali Meyer • Washington Free Beacon This year, taxpayers will spend 113 days working to pay for the nation’s tax burden, according to a report from the Tax Foundation. Tax…
Taxes Now Eat Up Larger Share of Income Than When Obama Took Office
After-tax income has declined for some demographic groups since 2009 by Ali Meyer • Washington Free Beacon Taxes are consuming a larger share of household income…
Federal Taxes Receipts At an All Time High
$2,883,250,000,000: Federal Taxes Set Record Through August; $19,346 Per Worker; Feds Still Run $530B Deficit By Terence P. Jeffrey • Investor’s Business Daily The federal government…
Obamacare fines rise as subsidies go to people who don’t exist
by Eric Boehm • Watchdog.org The IRS fined more than 7.5 million Americans who didn’t have health insurance in 2014, even as Obamacare subsidies flowed to…
Middle-Class Savings Like Blood In the Water
Obama goes where the money is to pay for ‘free’ education programs – your savings account. by Glenn Harlan Reynolds • USAToday Bank robber Willie Sutton…
Gruber’s Pathetic Congressional Testimony
Despite his memory lapses, the ethical problems related to his work on Obamacare are plain. by John Fund • National Review Online An old Soviet joke…