A previous version of the tax was repealed a month after it was passed in 2018.
A lesson for other governments making legalization plans
The Vermont socialist has always claimed to be a champion of the working class. But over time, his wealth tax would fall heavily on ordinary Americans.
Warren claims total costs for middle-class families would go down under her plan, but there are reasons to doubt this.
The New Jersey senator was also willing to buck the establishment at key moments.
A 100 percent tariff on European wines could all but wipe out the industry.
Our most troubled state enters 2020 having lost residents for six years in a row.
Which state do you think will be more successful at moving cannabis consumers to the legal market?
Two Years After Licensed Marijuana Merchants Began Operating in California, They Account for Just a Quarter of Sales
The state's Cannabis Advisory Committee blames high taxes, local bans, and onerous regulations.
The shifting understanding of the requirement to buy health insurance elevates form above substance.
More than half of cigarettes consumed in the state are smuggled from elsewhere, thanks to high taxes.
The appellate court remanded the most important issue in the case back to the district court. But its instructions will make it difficult for the trial judge to again rule that the entire Affordable Care Act must fall with the individual mandate.
On their own, some of those tax breaks might be defensible. Dumping them into a must-pass budget bill is not.
The party that's calling for huge tax increases on the wealthy is about to hand wealthier Americans a big tax break that will add to the federal budget.
A sign of just how far left Democrats have moved under Trump
New Tariffs Scheduled for December 15 Won't Pressure China Into Making a Deal. Trump Should Cancel Them.
The set of tariffs scheduled for December 15 will hit a wide range of consumer goods from children's toys to laptops, gaming consoles, and other home electronics. They will be costly and ineffective..
When the government tries to hoover up all the money earned from legalized drugs, this is what happens.
"You have a situation where a person owed $8 and lost their house. I mean, how is that equitable?" asked Michigan Supreme Court Justice Richard Bernstein.
What she and Bernie Sanders are proposing is nothing short of a wholesale transformation of the size and scope of government.
A Michigan Man Underpaid His Property Taxes By $8.41. The County Seized His Property, Sold It—and Kept the Profits.
A state law allows counties to effectively steal homes over unpaid taxes and keep the excess revenue for their own budgets.
Sen. Richard Burr's proposal would heavily deter any student-athlete from getting paid.
Once again, underground suppliers step in when over-regulated markets can’t satisfy customers.
Bashing the rich may be good politics, but it’s terrible economics.
High taxes and tight restrictions have handed huge chunks of the tobacco market to criminal networks. Why would vaping be any different?
Federal Court Rules Against Blue-State Lawsuit Challenging Constitutionality of Cap on Federal Tax Deduction for State and Local Tax Payments
The court rejected the four states' claims that the cap on the SALT deduction enacted in the 2017 tax act violated the Tenth Amendment and "coerced" states.
The House Ways and Means Committee is investigating evidence that Trump may have attempted to influence the mandatory IRS audit conducted on sitting presidents.
Does economic success deserve to be punished? The Democratic Party will have to answer in the coming primaries. Joe Biden is on the correct side of it.
Sanders has proposed a wealth tax to eliminate billionaires and fund his expensive domestic policy agenda.
Probably because it would involve raising middle-class taxes.
The black market still dominates. And more enforcement and fines aren’t going to fix it.
Chicago, Los Angeles, and New York City all have some easily identifiable management problems.
Forcing future Americans to do manual labor that could be automated isn't "saving" them from job losses. It's trapping them in jobs that could be made more efficient, more productive, and more rewarding.
The trade war should be thought of as a massive tax and regulatory scheme.
Existing tariffs on Chinese imports will jump to 30 percent from 25 percent, and the next round of tariffs will be 15 percent instead of 10 percent.
When Britain reversed its free college program and asked its citizens to foot a portion of their college bill, more working class people got degrees.
The details are reeeaaaaaally sketchy, but here's what we know now.
His death resulted from a violent confrontation that never should have happened.
Peter Navarro Says the 'Data' Show Americans Aren't Paying Trump's Tariffs. In Fact, They Show the Opposite.
Tariffs are taxes on imports that translate into higher prices for American businesses and consumers.