Wealth Taxes Make Us Poorer
A new study finds that taxes on wealth reduce long-run GDP by 2.7 percent.
A new study finds that taxes on wealth reduce long-run GDP by 2.7 percent.
The proposed tax would apply to not just wealthy residents, but anyone who is wealthy who has lived in the state for the last 10 years.
Some parents with valuable skills will find some way to transmit those skills to their children, and some children will find ways to learn them from parents.
Xavier Becerra conceals tax increases and reframes a gig economy proposition to hurt its chances.
Officials in Oakland County, Michigan, are worried they could be on the hook for more than $30 million in payments to former homeowners victimized by an aggressive forfeiture scheme.
The Court unanimously ruled such a tax "forfeiture" qualifies as a taking for which compensation must be paid.
Why should the responsible states bail out the irresponsible ones?
The city has passed a new payroll tax on large employers that is expected to raise over $200 million a year.
Debt held by the public equals about 100 percent of GDP. That's hurting growth and will fuel a major crisis.
Do you appreciate the incompetence, in-fighting, obstructionism, authoritarianism, and waste that you pay for?
It’s not another Free State Project, just a way to live a better life during the coronavirus era.
William Zietzke’s tax battle may affect thousands of cryptocurrency holders.
The extension allows some individuals and businesses to keep more of their money for three extra months at a time when millions of Americans are likely to be out of work and struggling to make ends meet.
Adjudication Outside Article III (part four)
Actually, it's a bailout.
While the 2017 tax cuts didn't deliver the results promised by Trump and his magical-thinking supporters, the administration has delivered some economic expansion, some job creation, and some investment growth.
Councilmember Charles Allen has proposed giving every D.C. resident a $100 monthly subsidy for bus and train rides.
California lawmakers have introduced legislation to cap impact fees, change the way they are assessed, and give developers more tools to claw back unjustified charges.
A previous version of the tax was repealed a month after it was passed in 2018.
The federal government is not a good steward of your money.
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?
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.
Her lobbying tax proposal is pseudo-policy, a veneer of wonky seriousness over dubious populist dogma.
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
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.
Some 76 percent of Texas voters approved a constitutional amendment that prohibits the state from imposing any income tax.
A state law allows counties to effectively steal homes over unpaid taxes and keep the excess revenue for their own budgets.
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