Taxes
Americans Spent More on Taxes Last Year Than on Food, Health Care, Education, and Clothing Combined
Plus: The Virginia Libertarian Party dissolves, San Franciso decriminalizes psychedelic plants, and more...
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.
Artificial Intelligence Helps French Tax Authorities Find Thousands of Untaxed Swimming Pools
When taxing authorities get more resources and power, they will find ways to make everyone pay more.
New York Set to Hobble 'Legal' Cannabis with Taxes and Regulations
Empire State politicians will soon wonder why the marijuana black market still thrives.
This Grandmother Didn't Submit the Proper Banking Form. Now the IRS Wants $2.1 Million From Her.
She’s asking the Supreme Court to consider whether this seizure is an excessive fine under the Eighth Amendment.
A Few Ideas for the Better Government Americans Desperately Want
From cronyist subsidies to an unfair tax code, there are several key fixes Congress could make to better serve the public.
If Biden's Trade Policy Was Really Driven by 'Equity,' Trump's Tariffs Would Already Be Gone
Tariffs are a regressive tax that have driven inflation higher and harm poorer families the most.
Louisiana Sheriff Loses Tax Lawsuit Targeting Smith Angus Farm
Multiple state agencies told Sheriff Randy ‘Country’ Seal that he had no right to collect taxes from a rancher in his parish. He sued anyway.
Something Upon Which Americans Can Agree: The FBI and the IRS Suck
Tax collectors and federal cops have always been rotten to the core.
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.
Matt Welch Talks Taxes on The Reason Rundown With Peter Suderman
The latest episode of The Reason Rundown features The Reason Roundtable host and Editor at Large Matt Welch.
Don't Believe the White House's Promises About Who the New IRS Will Audit
Media "fact-checkers" are taking administration promises at face value and using them to bludgeon Republicans.
Matt Welch: Dems Want To Spend Your Money To Take More of Your Money
Editor at Large Matt Welch gives a reality check on the new IRS measures inside the Inflation Reduction Act.
Florida County Approves Bad Spanish Translation of Property Tax Ballot Measure
The Spanish text contains inaccurate translations of technical tax language and direct translations of phrases like "school resource officers," which could confuse voters.
IRS Controversially Claims Hiring 87,000 New Agents Won't Mean Higher Audit Rate for the Middle Class
So why do Democrats keep equivocating on the point that households making under $400,000 may be targeted for more audits by an expanded IRS?
There's Nothing Legacy-Defining About the Inflation Reduction Act
Plus: The editors consider the state of freedom in the U.S. compared with other developed nations.
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...
After a $54 Billion Airline Bailout, Elizabeth Warren Thinks She Gets To Make the Rules
More airline workers and more flights—not bailouts and restrictions on mergers—is the better policy.
The Easy Way To Avoid Federal Income Tax: Move to Puerto Rico
Wherever markets are free, new wealth gets created. Then almost everyone wins.
Does the Democrats' New Inflation Bill Have Anything To Do With Inflation?
Plus: The editors each analyze their biggest “I was wrong” moment from past work.
The 'Inflation Reduction Act' Won't Actually Reduce Inflation
But it will hike taxes, including on Americans earning less than $200,000 annually.
The Federal Student Loan Program Was Supposed To Pay for Itself. Now, It'll Cost Taxpayers $197 Billion
A new report from the Government Accountability Office found that the Federal Student Loan Program will cost over $300 billion more than originally predicted.
Shakira Going to Trial in Spanish Tax Evasion Case
The Colombian singer faces up to eight years in prison and a hefty fine after rejecting a plea deal offered by Spanish prosecutors.
Chuck Schumer Learned Nothing From the Failure of Pot Legalization in California
The Senate majority leader’s marijuana bill would pile on more taxes and regulations, despite years of complaints about the barriers they create.
Will Britain's Next Prime Minister Champion Free Markets?
Liz Truss promises a tax-cutting, deregulatory model for Britain.
Chuck Schumer's Doomed Marijuana Monstrosity Is Not a Serious Attempt To Repeal Pot Prohibition
The Senate majority leader's 296-page bill would compound the barriers to successful legalization.
Happy 200th Birthday, Gregor Mendel
Remembering the world’s first geneticist, and a tax protester to boot
A Global Tax Cartel Is Floundering. Good.
Just as you don't attract bees with vinegar, you don't attract corporations by promising to tax them heavily.
Taxpayers Pay the Price for DeSantis' War on Disney
Florida's governor has declared a regulatory war on one of the state's biggest employers. But it's the taxpayers who may ultimately pay the price.
Democrats Are Trying To Push Through Another 'Build Back Better' Bill. It Would Only Make Inflation Worse.
Here's hoping we don't wind up with more of the spending and favoritism that's become so common.
Modest Tax Relief Comes to California's Cannabis Growers
Unfortunately, so do more regulations and potential fines.
A Wonky Evisceration of Biden's Bad Deficit Math
Interest rates and servicing costs could push us into worrisome territory sooner than we think.
Social Security Is Running Toward Insolvency
Despite a few encouraging analyses, the numbers just don't add up.
When a Tax Break Is Actually a Tax Penalty
The curious case of the tax exclusion for employer-sponsored health insurance.
One Year Later, No One Has Been Punished for the IRS Leak of Billionaires' Tax Data
The IRS isn’t just a powerful federal agency, it’s a weapon against the public.
Rhode Island Becomes the 19th State To Legalize Recreational Marijuana
Meanwhile, Delaware's governor has blocked a more modest step, and a legalization initiative has qualified for the ballot in South Dakota.
Gov. Newsom Proposes Eliminating One of California's Many Marijuana Taxes
The cultivation tax has driven up the cost of growing cannabis, fueling illegal operations and the state’s enormous black market.
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.
Pro-Choice Activists Protest Outside Homes of John Roberts, Brett Kavanaugh
Plus: Elon Musk's plans for Twitter, officials want to tax NFTs, and more...
Gov. Polis Wants You…To Be in Charge of Your Own Life
The libertarianish Colorado Democrat is devolving decision-making to parents and trying to lower the income tax to zero.
Florida Man Lawsuit: DeSantis' War on Disney Is Unconstitutionally Raising My Taxes
Three state residents argue a new state law eliminating Disney's self-governing status unfairly makes taxpayers responsible for over $1 billion of the company's debt.
A New Report Explains How California Screwed Up Marijuana Legalization
Heavy regulation, high taxes, and local bans combined to cripple the legal cannabis industry, which accounts for just a third of the state's pot market.
The State Took Her Home Because She Missed $900 in Property Taxes
Tawanda Hall's house was worth $286,000 more than her overdue tax bill. There was nothing she could do about it.
Why a Wealth Tax Is a Bad Idea
Billionaires are better at figuring out what to do with their money than the government will ever be.
