Why Some Americans Living Abroad Would Rather Renounce Their Citizenship Than File Taxes
Most Americans who reside overseas owe the IRS nothing, but complying with U.S. financial regulations can cost them their foreign bank accounts.
Most Americans who reside overseas owe the IRS nothing, but complying with U.S. financial regulations can cost them their foreign bank accounts.
Rep. John James admits that Trump's tariffs are hurting Michigan businesses. His solution? Make them fill out more paperwork.
More than 1.2 million British nationals have left the United Kingdom since 2021.
San Francisco's tax on vacant homes is bad policy. Now it's also bad law.
America.gov says that tariffs "can raise the price buyers pay. Domestic goods that compete with those imports can also become more expensive."
The court ruled that the imposition of the fee violates the Administrative Procedure Act.
The complexity and burden of the tax code add insult to injury.
State and federal policymakers are attempting to exclude data centers from run-of-the-mill tax exemptions.
The planned wealth tax leads slightly in the polls and is already driving capital flight.
As the president liberalized the market for beef, he also imposed new 50 percent tariffs on some $20 billion worth of Canadian goods. Americans will suffer.
And both are hiding behind a lie of omission.
Many entrepreneurs with high net worths don't actually have much cash. What bank lends $100 million against illiquid stock in young companies that may or may not succeed?
Plus: ICE chillin', Moderna-Merck melanoma advances, and more...
The Democratic Socialists of America promise free everything, but its agenda would require confiscation on a scale that would make European welfare states tremble.
During the last century, the Commerce Clause has replaced the Taxing Clause as an excuse for federal legislation.
Food-related taxes are rising in popularity, though they hurt restaurants and customers—and may even fail as a revenue-raising tool.
The proposed tax would rise with unemployment and fund a new federal jobs program—even though AI has yet to cause mass unemployment.
When Congress eliminated taxes on suppressors, short-barreled rifles, and short-barreled shotguns, it also eliminated the constitutional justification for regulating them.
The acting attorney general confirms his dishonesty in presenting that jaw-dropping scam as the resolution of a bona fide legal dispute.
The president is still pushing the idea of using taxpayer money to reward Capitol rioters, contradicting the attorney general nominee's assurance that it won't happen.
The president’s protectionism has constituted the largest tax increase since 1993.
The president's latest round of broad import taxes, like the previous two, treats his statutory authority as an afterthought.
Tobacco is the most taxed consumer product in the U.S., and those taxes largely dictate cigarette prices.
The Section 301 tariffs announced on Thursday overstep the powers granted by Congress and likely run afoul of the major questions doctrine.
The U.S. economy is not a reality show. The Trump administration should stop acting like it is.
Britain’s seventh prime minister in a decade inherits weak growth, record-high taxes, and a swelling welfare bill. His proposed cure is an even larger role for the state.
California local governments of every size are crying poor as they struggle with budget shortfalls.
During his confirmation hearing, the attorney general nominee repeatedly misrepresented the nature and scope of the sweeping immunity deal he approved.
Once the trust fund is empty, Social Security can pay out only what it collects. Yet few candidates are talking about this in any serious way.
Contradicting a federal judge, the acting attorney general, who blessed that cozy arrangement, insists it was not a product of collusion or self-dealing.
U.S. District Judge Kathleen Williams concludes that the case never presented a true "case or controversy" because both sides were controlled by the president.
Let's simplify this system instead of making it even more complicated.
The Federal Reserve reports that small businesses were less likely to be able to avoid tariff costs during 2025 and are more pessimistic about employment and revenue in 2026.
There are only a handful of ways to shore up Social Security. Sens. Bernie Moreno and Elizabeth Warren are backing one of the most expensive.
Her plan is being pitched as a tax on the wealthy, but half the burden would fall on businesses. That would have dire consequences for the economy.
Free trade is "a direct affront to our Founding Fathers," President Donald Trump said during his first presidential campaign.
Robby Soave and Amber Duke discuss Gavin Newsom's turn toward socialism.
Could Dave Portnoy challenge Zohran Mamdani for mayor of NYC?
Raise the price of an activity and people do less of it or restructure how they report it. Mobility was never the sole issue.
Her plan to fix Social Security's fiscal flaws would ask workers to cover the full cost. Some Republicans are supporting it too.
The Pung family of Isabella County, Michigan, maintained they were entitled to fair market value. The high court disagreed, but with a twist.
Robby Soave and Amber Duke discuss the recent online feud between Rep. Ro Khanna and Elon Musk.
The DOJ's unilateral abandonment of the Anti-Weaponization Fund "makes it crystal clear that these parties were never adverse," the former judges argue.
What’s a “fair share” of funding for a government that many Americans distrust?
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