Taxes
How High Will California's Taxes Go Before There's No One Left To Tax?
The new taxes lawmakers are proposing to fund a universal health care system will likely drive even more Californians out of the state.
If Chuck Schumer Supports Marijuana Legalization, Why Did He Nix a Bill That Would Have Helped Pot Businesses Use Banks?
Stranger still, the leading drug policy reform organization supported Schumer's obstruction.
How Biden's Agenda Is Causing Inflation
Too Many (Government) Dollars Are Chasing Too Few Goods.
Californians Learn That Raising Taxes on Marijuana Fuels Black Markets for Drugs
If only they would apply that lesson to other goods and services.
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.
Kim Kardashian's Love of Lower Taxes and Individual Rights Has Made Her Politically Homeless
It's a fairly benign thing to say. And yet it's a landmine in our media landscape.
Elizabeth Warren Told Elon Musk To 'Actually Pay Taxes' and 'Stop Freeloading Off Everyone Else'
Musk responded that he will pay more in taxes this year than any other American in history.
Senate Democrats Nix a Regressive, Unhealthy Vaping Tax Endorsed by the House
The perverse provision would have discouraged smokers from switching to a far less hazardous source of nicotine.
After Avoiding a Government Shutdown, What Will Congress Do With the Waning Days of 2021?
Plus: Formerly imprisoned NSA contractor Reality Winner gets interviewed by 60 Minutes, San Francisco tries the novel approach of not taxing businesses to death, and more...
Biden Wants To Empower the IRS Despite Its Track Record of Trampling Rights and Undermining Privacy
The IRS' track record suggests that beefed up enforcement will also mean more trampling of Americans' due process rights.
Private Property Rights Made the First Thanksgiving Possible
Something to be grateful for.
House-Passed 'Build Back Better' Plan Aims To Curb Methane Emissions by Hiking Heating Prices
The Congressional Budget Office projects that the tax will raise nearly $8 billion over the next 10 years. That money will come out of consumers' wallets.
This Republican's Marijuana Legalization Bill Aims To Build Bipartisan Support for Repealing Federal Prohibition
Rep. Nancy Mace is touting "a framework which allows states to make their own decisions on cannabis."
Government Officials Hunger for More Revenue Through Food Taxes
Inflation isn't the only reason some folks may be paying more for dining and groceries.
A Federal Vaping Tax Is Bad Policy and Bad Politics
The proposed vaping tax has caused a third Democrat to join Sens. Joe Manchin and Kyrsten Sinema in opposing the bill.
The Virginia Governor's Race Was an Advertisement for School Choice
Children are too important to be entrusted to unions or government monopolies.
Democrats Hike Taxes on Vaping, but Not Tobacco, in Latest Version of 'Build Back Better' Bill
Plus: America's mayors want to be paid in bitcoin, Democrats want to subsidize local journalists, and more...
Voters Are Done With COVID-19 and Pandemic-Powered Officials
Panicked Americans surrendered a lot of authority during the pandemic. Now they want their country back.
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.
A Tax Break for the Rich Could End up Being the Largest Part of the 'Build Back Better' Plan
Removing the cap on the state and local tax deduction would be a massive tax break for wealthy Americans who choose to live in high-tax states.
Democrats Have a Lot of Bad Ideas for Tax Reform
Careful, thoughtful policy making is not ruling the day.
It Sure Looks Like Democrats Don't Have the Votes To Raise Enough Taxes To Pay for Their Massive Spending Bill
And it just might reduce the tax burden for the well-off in the short term.
Manchin on Biden's Plan To Let IRS Snoop on Bank Transactions: 'It's Screwed Up'
Plus: RIP to political humorist Mort Sahl, a look at which households pay the largest share of sin taxes, and more....
Democrats' Proposed 'Billionaire Tax' Is Definitely a Wealth Tax, and It May Be Unconstitutional
Imposing a wealth tax may not even be among the enumerated powers of Congress.
Freedom, Responsibility, and Coronavirus Policy
Plus: The Reason Roundtable makes talking about taxes interesting.
Why Do Democrats Want To Create More Eric Garners?
Higher cigarette taxes will fuel greater black-market activity and more confrontations with the police.
Democrats Still Want to Spend Trillions. But They Don't Want To Raise Taxes To Do It.
Plus: In-N-Out fights San Francisco's vaccine mandate, the Vienna Tourism Board gets an OnlyFans, apes protest the DEA, and more...
Dems Try To Pass Off $10,000 IRS Reporting Threshold as Merely Going After the 1 Percent
Proposed IRS surveillance now limited to non-wage net annual transactions of $10,000 and above. Which is still ridiculously low and intrusive.
Natural Experiments Make the Case for Liberty
One of this year’s Nobel Prize winners in economics inadvertently created a pro-liberty methodology.
Joe Manchin Isn't the Fiscal Conservative We Need, but He's the Best We've Got
"Spending trillions more on new and expanded government programs, when we can't even pay for the essential social programs...is the definition of fiscal insanity."
Americans Paid $7.6 Billion in Tariffs During August, a New Monthly Record
The trade deficit is now the widest on record too.
The (Likely) End of the SALT Tax Deduction Litigation
Four blue states' misguided legal challenge to the cap on the SALT tax deduction suffered a well-deserved defeat in the Second Circuit. The case is likely over.
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?
J.D. Vance Says Government Should Seize Assets of Political Nonprofits
Plus: Fusionism, OnlyFans, and more...
Dems' Plan To 'Tax the Rich' Might Include a Huge Tax Break for the Rich
Repealing the cap on the SALT deduction would overwhelmingly benefit the wealthiest households in America.
This Anti-Vaping Congressman Insists 'There's Simply No Evidence' That E-Cigarettes Help Smokers Quit
Although Raja Krishnamoorthi says "adults can do what they want," he is determined not to let them.
Bureaucrats and Politicians Seem Determined To Cripple a Lifesaving Alternative to Smoking
E-cigarette regulations and taxes threaten an industry that could prevent millions of premature deaths.
Vacant Homes Aren't Making Cities Expensive
And vacancy taxes won't make them affordable.
Biden's Plan To Crack Down on Tax Cheating: Snooping on Everyone's Bank Accounts
The president says the IRS needs just two bits of information: all the money that goes into your bank account, and all the money that comes out.
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 $700 Billion Gimmick at the Center of Biden's Tax Plan
Biden's plan will raise taxes on individuals earning as little as $30,000 annually by 2027, but that's just a trick to make the overall cost of the bill look lower than it really is.
If the FDA Doesn't Kill the Vaping Industry, the Democrats' Tax Hike Just Might
House Democrats' proposed excise taxes could double or triple the price of some vaping products.
Memphis Gave IKEA $9.5 Million While Several Smaller Furniture Stores Went Under
Corporate welfare hurts the people who actually need help.
Biden's $3.5 Trillion Spending Plan Will Leave Americans Poorer in the Long Run
A new analysis projects that private capital, wages, and America's GDP will fall over the next three decades if Congress passes the $3.5 trillion reconciliation package. But at least government debt will grow!
House Democrats' Tax Bill Lavishes Subsidies on Local News
The Democrats' new tax plan would give local newspapers up to $25,000 in refundable tax credits for each journalist they employ.
