The media obsess about tax rates, but spending is more important, says John Stossel. If government spends a dollar, that dollar is taxed away from someone. If it's borrowed, it's removed from productive use, setting the stage for higher taxes later. If the government prints more dollars to fund spending, our purchasing power falls. Transferring purchasing power from the people to the government via inflation is a form of taxation.
That rate is much lower than the numbers used in the horrifying projections that shaped the government response to the epidemic.
Plus: the weird new battle lines on warrantless surveillance, more CDC incompetence, Minneapolis on fire, and more…
Minneapolis police said George Floyd died after he "appeared to be suffering medical distress."
Indiana is still fighting to keep Tyson Timbs' SUV seven years after it first seized the car, but for now, it's back in Timbs' driveway.
Jo Jorgensen is running for the White House.