Supreme Court Left the Door Open for a Wealth Tax. But It's Still a Terrible Idea.
Wealth taxes discourage investment, shrink wages, and don’t generate much revenue.
Wealth taxes discourage investment, shrink wages, and don’t generate much revenue.
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.
Sen. Elizabeth Warren condemned Israel for killing Palestinian civilians with bombs that she had voted to send Israel.
The Department of Justice indicted the creators of Samourai Wallet, an application that helps people spend their bitcoins anonymously.
Did Elizabeth Warren help cause hundreds of layoffs in Massachusetts?
Plus: Migrant resettlement, Tom Cotton op-ed scandal, oppressors-in-training, and more...
The White House should stop taking policy and messaging tips from Elizabeth Warren.
The Massachusetts senator blames corporate greed for price increases that were caused by inflationary federal spending she supported.
The robot vacuum company is based in Massachusetts, meaning some of the terminated employees are likely Warren's constituents.
Bad ideas never seem to truly die in Washington.
Should a federal government that is nearly $34 trillion in debt and can't manage basic operations be micromanaging fast-food business purchases?
Plus: Send your questions for the editors to roundtable@reason.com ahead of this week’s special webathon episode!
The owner of Jimmy John's and Arby's has bought Subway, and a Massachusetts senator has concerns.
Over the last several years, they have worked nonstop to ease the tax burden of their high-income constituents.
The film dramatizes the pandemic-era mania around GameStop and WallStreetBets, but misunderstands the realities of financial markets.
Progressives like Sens. Elizabeth Warren and Bernie Sanders typically blame corporate greed for higher prices. When prices go down, does this mean they should credit corporate benevolence?
The senators say they're creating an "independent, bipartisan regulator charged with licensing and policing the nation's biggest tech companies." What could go wrong?
Plus: Should libertarians consider employing noble lies when pitching themselves to new potential voters?
DeSantis talks a lot about freedom but increasingly only applies it to those who agree with him.
The ideology champions the same tired policies that big government types predictably propose whenever they see something they don't like.
"If you don't trust central authority, then you should see this immediately as something that is very problematic," says the Florida governor.
Companies make decisions all the time, some of them regrettable and unfortunate, that shouldn't be any of the government's business.
It's a fundamental contradiction that's affected the Biden administration's economic policy for the past two years.
Warren and fellow progressive Democrats have asked President Joe Biden to use the FTC, HUD, or maybe the FHFA to impose nationwide rent control.
From George Santos to Joe Biden, résumé padding is unacceptable. But it's all the lies about legislation we can't afford.
The tendency of those in power to topple or embarrass themselves by overreaching should provide a lesson to policy makers.
If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.
When I was young, I assumed government would lift people out of poverty. But those policies often do more harm than good.
Senator Warren wants to extend the financial surveillance state cooked up by drug warriors and anti-terrorism fearmongers to cryptocurrencies.
Critics have said for years that Facebook is a monopoly that can only be killed by federal regulation. Meanwhile, the platform bleeds users, its stock price is plummeting, and it just announced its first-ever round of layoffs.
Consumer Financial Protection Bureau
The Fifth Circuit Court of Appeals is right to notice that the CFPB is unique even among federal agencies that don't get their funding from Congress.
If climate change is an emergency that requires immediate action, it makes sense to streamline environmental reviews that tangle green energy projects in red tape.
Why does Elizabeth Warren think that JetBlue buying Spirit Airlines will be bad for consumers?
More airline workers and more flights—not bailouts and restrictions on mergers—is the better policy.
The senator urged the Department of Transportation on Monday to regulate airline consolidation and levy heavy fines for canceled flights.
Doing so would be blatantly unconstitutional.
Democrats are trying to inject a political solution into an economic problem.
Corporations were just as greedy when prices fell in 2019 and early 2020.
The bill would penalize companies for price gouging during times of war, public health emergencies, or natural disasters—which would have encompassed all of the last two years.
Plus: A democratic socialist running for office is caught up in a MeToo witch hunt, inflation woes continue, and more...
The Department of Labor and Sen. Elizabeth Warren have strong opinions about Fidelity’s new 401K option
Student debt cancellation would disproportionately benefit college degree holders with higher earnings.
Wealth tax proponents claim only super rich people would be affected. But to raise the revenue Warren, Sanders, and Biden want, they'd have to tax the "working rich"—doctors, lawyers, and other hardworking high earners.
The Massachusetts senator also came out in favor of creating a central bank digital currency