Should Billionaires Pay More Taxes?
Law professor Natasha Sarin debates the Cato Institute's Adam Michel.
Law professor Natasha Sarin debates the Cato Institute's Adam Michel.
Robby Soave and Christian Britschgi discuss Rep. Thomas Massie's defeat, Jeff Bezos' comments on taxes, and squatters in California.
Before demanding more money from America’s wealthiest, lawmakers should account for the billions of dollars the federal government wastes each year.
Too many courts ignore the Eighth Amendment’s ban on excessive fines.
It was a bad idea when Biden proposed it, and it's a bad idea now that Trump is proposing it. Want lower gas prices? End the war.
Travelers make easy targets for revenue-hungry officials.
Are Jeff Bezos and other billionaires really evil just because they're wealthy?
The 6th Circuit upheld that 158-year-old law, while the 5th Circuit concluded it could not be justified as a revenue measure.
Democratic state lawmakers want to give tax carveouts to certain restaurants. The real problem is New Jersey's tax code itself.
Robby Soave and Christian Britschgi tear apart AOC's belief that billionaires don't earn their wealth.
Trump's use of Section 122 ignored the plain language of the law and invoked a broad executive power where Congress clearly provided a narrow one.
The rich pay more than their "fair share."
“Bye!” Mayor Katie Wilson says with a wave to those who want out.
A new bill would compel Meta, Google, and TikTok to pay for Australian journalism.
Every dollar of well-intentioned government assistance comes with a behavioral price tag that we've largely refused to count.
Making less harmful products harder to get pushes people toward more dangerous ones.
Plus: New York City's persistent budget problems, the crony capitalist scramble for Venezuelan oil, senseless trafficking PSAs, and more...
Small-government conservatives are tripping over themselves to give millions of taxpayer dollars to billionaires.
The burden of Trump's illegal tariffs was spread across the American economy. The refunds likely won't cover all those costs.
The decision is at odds with a recent ruling by the Fifth Circuit.
California politicians’ policy choices are making the state unaffordable and unattractive.
Robby Soave and Christian Britschgi discuss Eric Swalwell's fall from grace and how tax day radicalizes us every year.
The United States has the most progressive income-tax system in the developed world.
If Congress will not deploy the power of the purse to restrain a lawless administration and an illegal war, then it falls to the public to do so.
Plus: New York wants to tax second homes, water in the Dupont Circle fountain, Polish robots chase wild boars, and more...
Smuggled smokes account for more than a third of consumption in France and Ireland.
A noncomprehensive list
The ruling holds the law exceeds Congress' authority under the tax power and the Necessary and Proper Clause. But it does not consider the Commerce Clause.
It would be easy to wave it away and move on. But that's how the U.S. got in such a dire fiscal situation.
Plus: Mamdani vs. self-driving cars, blue state wealth and exit taxes, Hillary Clinton's awful affordability agenda, and more...
"For the first time since California came into the union," the publisher and businessman says, "they're having out-migration."
Attorney General Letitia James says they're a form of illegal gambling. But the state seems more interested in untaxed revenue than consumer protection.
The proposal is "an enormous waste of taxpayer dollars and would make Americans less, not more, safe." Thankfully, Congress is unlikely to adopt it.
Kathy Hochul’s proposed levy would deter smokers from switching to a much less dangerous habit.
The unpopular plan could do real harm by taxing safer alternatives at the same rate as cigarettes, discouraging smokers from quitting.
The Massachusetts senator fails to consider how her tax would harm middle class Americans and slow economic growth.
Increasing income taxes almost always results in less revenue and less economic activity.
Hochul invited those who opposed her policies to leave. Many did. Now she wants them back.
The state's funding crisis is driven by a third-party payment system in which roughly 90 cents of every American health care dollar is paid by someone other than the patient.
That’s roughly 12 whole days of government spending.
The problem is not that the government collects too little. It's that the government spends too much.
"If Californians approve this measure in November, they may discover too late that the wealth they hoped to tax has already left the state—with jobs and economic opportunities not far behind."
The employer insurance exclusion has chained workers to their employers, practically eliminated consumer price sensitivity, and suppressed wages.
Even if the refunds are made, business owners say they won't cover all the additional costs created by Trump's chaotic trade policies.
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