The Inflation Reduction Act Barely Puts a Dent in the Deficit
But it will raise taxes and sic thousands of new IRS agents on American households.
Corporate Taxes
Congress Just Passed the Inflation Reduction Act. It Will Hike Taxes on Some Middle-class Households.
It also spends billions on new green energy programs, and it lets the IRS hire 87,000 new agents.
Senate Passes $740 Billion 'Inflation Reduction Act' That Will Probably Make Inflation Worse
Plus: Inside Trump's family separation policy, a Grammarly for government, and more...
A Global Tax Cartel Would Be as Bad as It Sounds
Several studies have found that the vast majority of costs incurred by increased corporate taxes are passed along to workers in the form of lower wages.
Does Joe Biden Know Why Delaware Is Home to So Many Corporations?
Delaware figures prominently in Biden's stump speeches for the Build Back Better plan, but he seems to deliberately ignore some key details.
The World's Richest Countries Want To Create a Competition-Crushing Global Tax Cartel
Hundreds of leaders have endorsed a 15 percent global minimum tax to quash countries with lower and simpler taxes.
Joe Biden's Misguided Attack on Tax Havens
President Joe Biden apparently thinks it's wrong for corporations to locate their headquarters in low-tax places like Bermuda, Ireland, and Switzerland. Did he learn nothing from living in Delaware?
Democrats Try To Hide a $3 Trillion Tax Increase From Voters
The plan would make a liar out of Biden on a level reminiscent of George H.W. Bush's betrayal of his "read my lips" tax pledge.
House Democrats Ready Taxes on E-Cigarettes and Cryptocurrency
Plus: Vaccine mandates are popular, Texas versus free speech, and more...
The U.S. Quietly Departs Its Largest Military Base in Afghanistan
Plus: Sha'Carri Richardson might miss Olympics over positive pot test, 130 countries agree to broad strokes of a global minimum corporate tax, and more...
The Bipartisan Infrastructure Bill Shows That Republicans Love Big Government Just as Much as Democrats
We don't have a gridlock problem. We have a spending problem.
The Stealthy Economic Radicalism of Biden's Boring Presidency
Even the president's most entrenched political opposition cannot seem to find much to engage or enrage.
The G7 Agrees To Create a Global Tax Cartel
It will be no better for taxpayers than oil cartels are for consumers.
Biden's Tax Plan Means 60 Percent of Taxpayers Will Pay More
And as many as 75 percent of middle income households face a tax increase under Biden's plan, even though the highest-earning households will pay the vast majority of the costs.
Biden Won't Close the 'Tax Gap,' but He Will Snoop on Your Bank Records
Another new Democratic administration, another hollow promise to discover hundreds of billions of unreported tax obligations under the national mattress.
Joe Biden's Fragile Global Minimum Tax Cartel
The Biden administration is expending a lot of time and energy to make the country more uncompetitive than ever.
Biden's 'American Families Plan' Sends the IRS To Snoop on Bank Transactions, Venmo Accounts
The White House says cracking down on tax cheats will generate $700 billion over 10 years to help offset a $1.8 trillion expansion of welfare programs.
Biden Seeks $1.8 Trillion for Public Child Care, Preschool, College
Plus: ACLU opposes menthol cigarette ban, student Snapchat case comes before Supreme Court today, and more...
Enjoy Tax Day 2021. They Just Get Worse From Here.
Tax hikes and growing debt guarantee shared pain in a hobbled economy.
Biden's $2.3 Trillion Infrastructure Plan Is Teeming With Cronyism
Democrats never miss an opportunity to rail against big corporations. Yet they're eagerly subsidizing their big corporate friends.
The Misleading Push for Corporate Tax Hikes
Corporations get attacked for not paying taxes in a certain year, but they’re just spreading out their losses.
Scandinavia Understands the Value of Low Corporate Taxes. Why Doesn't Joe Biden?
The president's proposed tax hike would fall on workers. This isn't a controversial point.
It's Infrastructure Week. Really.
Plus: Pharmacies are doing a better job of vaccinating than the government, New York will legalize weed, and more...
Here's How Biden's Proposed Tax Increases Will Affect You
It seems some are just waking up to the size and scope of the president's federal tax plan.
Biden's Planned Corporate Tax Hike Will Cost Jobs and Reduce Economic Growth. Because That's What Taxes Do.
The White House is reportedly considering hiking the corporate income tax to 28 percent and raising individual income taxes on high earners to pay for more federal spending.
Pandemic-Slammed Small Businesses Require Regulatory Relief
Entrepreneurs discouraged by red tape even before COVID-19 need officials to leave them alone.
Passing Laws, Passing Taxes, and Passing the Buck
Understanding the real economic impact of higher taxes.
San Francisco Has Ditched Its Dumb 'IPO Tax' (For Now)
The tax was actually on much more than initial public offerings of stocks, and likely would have driven the next generation of startups to locate somewhere else.
San Francisco Wants To Force CEOs To Pay for a Citywide Free Mental Health Care Program
The new tax won't come close to fulfilling the steep funding needs of Mental Health SF
Joe Biden Said Amazon Doesn't Pay Enough Taxes. Amazon Wasn't Having It.
The Democratic presidential hopeful tweeted that the company pays "a lower tax rate than firefighters and teachers."
Liberals Were Very Wrong About Tax Cuts. Again.
To be this wrong this often deserves recognition.
Apple's Tax Tactics Deserve Defending, Not Shaming
Is it moral to pay higher taxes, even if that hurts employees, consumers, and shareholders? David Brooks seems to thinks so.
America's Economic Health Has Improved
The U.S. rose four places in the International Tax Competitiveness Index, and this just the latest bit of good news.
In Seattle, Amazon Shrugs
The city attempts to wring more money from its employers rather than fix its housing problems.
Is Tax Reform Already Working?
Companies are paying bonuses, raising wages, and committing to major new investments. Is this a sign of the tax law's success-or just clever corporate PR?
Who Knew Letting People Keep More of Their Money Leads to Good Things?
Anyone who studies economics instead of partisan talking points, for one.
Tax Bill Mixes Very Encouraging Developments With Very Disappointing Ones
The GOP would be on higher ground if it stood on principle for a tax code that treats everyone the same.
Tax Reform Is on Track to Add $1 Trillion to the National Debt, Even After Accounting for Economic Growth
The GOP tax plan looks like it could pass, but should it?
Why Are Markets Rejoicing at Trump's Win?
The incoming president may not be good for the economy in the long run.
GOP Anti-Import Border-Adjustment Tax Is Protectionist Garbage
Talking immigration, tax inversions, and more with Kennedy on Fox Business.