Gavin Newsom Is Totally Wrong About Taxes
Robby Soave and Amber Duke discuss Gavin Newsom's turn toward socialism.
Billionaires
How the Billionaire Tax Could Make California Poorer
One upcoming ballot measure would expand the state's taxing power. A lesser-known measure would limit it. Which will win?
Should Billionaires Pay More Taxes?
Law professor Natasha Sarin debates the Cato Institute's Adam Michel.
These Politicians Want To Tax the Rich. But Why Do They Seem To Despise Them?
Are Jeff Bezos and other billionaires really evil just because they're wealthy?
Gavin Newsom's Free Diaper Disaster
Plus: AOC attacks billionaires, Trump heads into Xi talks weakened by the Iran conflict, and redistricting battles escalate nationwide
AOC Hates Billionaires, Heritage Americans, and Ranking Christopher Nolan Movies
Robby Soave and Christian Britschgi tear apart AOC's belief that billionaires don't earn their wealth.
Contra AOC, You Don't Have To Be a Billionaire To Be a Leech
There are makers and moochers on every rung of the income ladder.
Even Laws That Haven't Passed Can Have Unintended Consequences
Mere proposals can change the risk calculus for business and investors. Politicians, and the public, should be wary.
'They're Going To Go Elsewhere': Steve Forbes on Why Taxing the Rich Backfires
"For the first time since California came into the union," the publisher and businessman says, "they're having out-migration."
The Hidden Costs of Elizabeth Warren's 'Ultra-Millionaire' Tax
The Massachusetts senator fails to consider how her tax would harm middle class Americans and slow economic growth.
Don't Legislate Morality: Most Americans Can't Agree on What's Immoral
Most matters enjoy too little moral agreement to make fertile ground for government intervention.
California's Billionaire Tax Won't Save Hospitals
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.
Tax the Rich All You Want. It Won't Fix the Deficit.
The problem is not that the government collects too little. It's that the government spends too much.
California Billionaire Wealth Tax Would Cost the State $25 Billion, New Research Finds
"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 Sanders-Khanna 'Billionaire Tax' Would Make All Americans Poorer
The senators are ignoring the predictable consequences of their wealth tax.
Wealth Taxes Are Proven Failures. Will California Take Note?
Across advanced economies, they have repeatedly been narrowed or even repealed after delivering disappointing revenue, tax avoidance, capital flight, and costly administrative battles.
'Billionaire' Tax is a Bait-and-Switch To Gouge the Middle Class
Proposals sold as targeting extreme wealth would fundamentally change how Americans are taxed—turning any ownership into a recurring liability for the middle class.
California's 'Billionaire Tax' Could Bite Harder Than Advertised
The proposed tax is already driving people and businesses to flee the state.
California Billionaires Are Leaving the State in Response to Proposed Wealth Tax
The wealth tax would discourage investment and likely lower tax revenue for California.
Why College Students Prefer Socialism—and Why They're Wrong
When the media say the middle class is in decline, they're technically right—because people are getting richer.
The Dell-Trump Alliance
Plus: Casino revenue, another Heritage scandal, and more...
Switzerland Just Overwhelmingly Rejected a New Wealth Tax. Will California Lawmakers Learn?
The hammer of heavy wealth and inheritance taxes falls hardest on those still climbing the economic ladder.
Marc Benioff's Ideas for Fixing San Francisco Keep Getting Worse
The billionaire Salesforce CEO said Trump should use the National Guard to clean up San Francisco's streets.
Here's What Would Happen If We Seized All the Wealth From America's 800 Billionaires
Don't comfort yourself with wishful thinking that millionaires and billionaires could take the entire burden of the deficit off our hands.
The Kawhi Leonard Scandal Raises the Alarm: Are Salary Caps Fair, or Fiction?
The evidence against Kawhi Leonard, Steve Ballmer, and the Clippers is damning.
The Final Vacation Frontier
For just $55 million, you can book a weeklong vacation on the International Space Station. It's not exactly an all-inclusive beach resort.
Can Wall Street Survive a Socialist Mayor?
If Zohran Mamdani turns socialist rhetoric into policy, New York’s financial giants may not stick around to see how that plays out.
Mountainhead Is a Shallow Satire of Tech Billionaires
A zippy script can't make up for a lack of insight.
Trump, Harris Ads Make Clear They Won't Be Cutting Government
Both candidates are making a final big government, populist pitch to undecided voters.
Robert Reich Is Wrong About Billionaires—and Almost Everything Else
His ideas would leave us poorer and less free.
How Does the Democratic Party Actually Feel About Billionaires?
Sen. Bernie Sanders calls them "oligarchs," while Gov. J.B. Pritzker gets cheers when touting his own billionaire status.
The Real Economic Catastrophe Will Be Caused by the U.S. Debt
Should we blame Biden and the politicians applauding him for their unwillingness to address our looming fiscal disaster?
The National Debt Is Now So High That Every American Essentially Owes $100,000
We could grow our way out of our debt burden if politicians would limit spending increases to just below America's average yearly economic growth. But they won't even do that.
Phil Magness: Who Really Pays the Most Taxes?
Economist and author Phil Magness debunks a recent New York Times piece and shoddy academic work about the rich and their taxes.
Poll: A Majority of Las Vegas Voters Don't Want To Pay for Athletics' New Stadium
The team's owner, John Fisher, may have overestimated Las Vegas residents' enthusiasm for a new baseball team.
Taxpayers Refuse To Pay New Stadium Expenses for Billionaire Sports Owners
Jackson County, Missouri, voted not to extend a sales tax that would have benefited the Chiefs and the Royals.
Taxpayers Will Soon Find Out if They'll Have To Finance Fancy Stadiums for the Chiefs and the Royals
Jackson County, Missouri, residents should not be billed for the undertakings of private businesses.
Tax Us, Daddy?
Plus: Polycules go mainstream, DeSantis pulls out, tackle football lives on, and more...
Social Security and Medicare Are Ticking Time Bombs
Even taking all the money from every billionaire wouldn't cover our coming bankruptcy.
Marc Andreessen on A.I., Bitcoin, and Billionaires
Is the A.I. breakthrough for real this time?
Wealth Taxes Result in Rich People Fleeing, Turns Out
Norway hiked its wealth tax. A bunch of rich people got the hell out.
Is Clarence Thomas Ethically Challenged?
Plus: What the editors hate most about the IRS and tax day
Review: The Clumsy Anti-Muskism of Glass Onion
Hating tech billionaires is The Current Thing.
Biden's Terrible Billionaire Tax
By raising the effective tax rate on capital gains, the proposal would reduce U.S. saving, discourage entrepreneurship, and decrease economic output.
Republicans and Democrats Face Impasse Over Cutting Spending Versus Raising Taxes
Plus: Court denies motion to suppress January 6 geofence warrant, Texas may ban some immigrants from buying property, and more...
Charity and Capitalism Are Better Than Government
When I was young, I assumed government would lift people out of poverty. But those policies often do more harm than good.
