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.
Middle Class
'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.
Yes, the Middle Class Is Shrinking—Because It's Moving Up
The real squeeze comes from government-distorted markets, not economic decline.
The Poverty Line Isn't a Vibe
A more robust welfare state won't change the fact that tradeoffs exist, even for relatively wealthy Americans who choose to have kids.
Is the Poverty Line Really $100,000?
Plus: The Adams staffer purge, therapyspeak in Tennessee's special election, and more...
New Income Tax Proposal Is Progressive and Unworkable
Commerce Secretary Howard Lutnick says the Trump administration wants to eliminate income taxes for those making $150,000 or less—an unprecedented shift with major consequences.
What Is the 'Working Class'?
When even most upper-income Republicans say they're working class, the term has become meaningless.
The 'Pro-Worker' GOP Is Anti-Worker
The New Right talks a big populist game, but their policies hurt the people they're supposed to help.
The Economy Is Doing Way Better Than Many Believe
Despite the popular narrative, Millennials have dramatically more wealth than Gen Xers had at the same age, and incomes continue to grow with each new generation.
Democrats Say They're Fighting Inequality. But Many of Their Policies Favor the Rich.
Over the last several years, they have worked nonstop to ease the tax burden of their high-income constituents.
IRS Targeting More Supposedly 'High-Income' Americans Than Advertised
Don’t count on that promise to not hike taxes on “people making less than $400,000.”
TikTok and How Congress Treats Americans Like 'Unruly Children'
Plus: The editors puzzle over Donald Trump’s latest list describing his vision for America.
Decades of Subsidies Have Made the Essentials of Middle-Class Life Increasingly Difficult To Afford
The basics of middle-class life are too expensive. But more subsidies won't help.
The Biden Administration Is Taking From the Poor and Giving to the Rich
From student debt cancellation to green subsidies, the White House is giving handouts paid for by hardworking lower-wage Americans.
New York Times Writer Sarah Jeong Says Inflation in the News Is Just 'Rich People Flipping Their Shit'
Are normal Americans worried about inflation? Jeong says nope, it's a ginned-up outrage because rich people's "parasitic assets aren’t doing as well as they’d like."
Taxing the Rich Isn't Enough to Pay for Democrats' Welfare State. They'll Need To Soak the Middle Class Too.
There simply aren't enough rich people to finance all the new spending.
The Truth About Income Inequality
Should we be worried about the wealth amassed by the so-called 1 percent?
Why the Middle Class is Better Off Than You Think
The consensus view that the American middle class "is dead, dying, hollowed out" is based on an "incomplete reading of the data," says economist Russ Roberts.
Elizabeth Warren's Plans Don't Add Up
The Warren worldview of ill-founded economic pessimism is both bloodless and moralizing.
Bernie Sanders Is Right That the 'Working Class' Is Shrinking. He's Wrong To Suggest That's a Bad Thing.
By nearly every measure, Americans are getting richer and richer. This should be cause for celebration, not concern.
Trump's Scrapping of TPP Will Make America Poor Again
American consumers, exporters and manufacturing will get screwed
How Globalization Saved the American Middle Class
Conservatives recommending nationalism are dangerously wrong.
China Trade Isn't Killing America's Working Class
Government handouts maybe more responsible.
China Bashing Is a Bipartisan Sport and It's Back With a Vengeance
American working class is spurning jobs, but somehow that's the fault of trade liberalization
How Risk-Taking by the Wealthy Helps the Middle Class
Aim higher with tax reform to help average Americans.
The Middle Class Is Shrinking! Because They're Getting Rich!
Success is seen as a disaster when you care more about income inequality than mobility.
Trump's Radical Isolationism and the Crisis of White Middle-Class America
He's succeeding because he has both a scapegoat and a solution for hurting Americans
The Bogus Concerns Behind Hillary Clinton's TPP Switcheroo
She'll even sell out her husband's trade legacy to get elected.
