Taxes
Apple's Tax Tactics Deserve Defending, Not Shaming
Is it moral to pay higher taxes, even if that hurts employees, consumers, and shareholders? David Brooks seems to thinks so.
No, Economists Don't Agree a 70 Percent Top Marginal Tax Rate Is a Good Idea
Sorry, Alexandria Ocasio-Cortez and Paul Krugman.
Increasing Top Tax Brackets Is Easier Than Increasing Revenue Over Time
Proponents of jacking top marginal income tax rates such as AOC ignore how hard it is to actually boost revenue over the long haul.
Thanks to Heavy Taxes and Regulations, California's Legal Cannabis Sales Fell After Recreational Stores Opened
The market's performance is falling far short of predictions.
You Might Not Get Your Tax Refund If the Government Stays Shut Down
But don't worry! You can still pay the government.
Capitalists vs. Capitalism
Sometimes business owners are the worst enemies of the free market.
Thoughts on Today's Federal Court Decision Against Obamacare
The judge was right to conclude that the individual health insurance mandate is now unconstitutional, but wrong to rule that the rest of the ACA is now unlawful because it can't be severed from the largely toothless mandate left in place under the 2017 GOP tax bill.
California Regulators Want to Tax Texts You Sent 5 Years Ago
Although they might not have the legal power to tax texts at all.
Should We Be Upset If the IRS Has Been 'Gutted'?
A new report from ProPublica whitewashes the IRS, while ignoring the positive benefits of tax evasion.
New York Considers Legalizing, Taxing Weed to Save Its Ailing Subway System
Legalized pot is great. Taxing it to pay for public transit is not.
France's High Taxes Breed a Populist Revolt, Again
Politicians seem unable to learn from a history of grabby tax policies fueling populist anger.
Study: Trump's Tariffs Are a $42 Billion Regressive Tax Increase
They are also sapping economic growth, reducing wages, and lowering employment. Winning!
America's Economic Health Has Improved
The U.S. rose four places in the International Tax Competitiveness Index, and this just the latest bit of good news.
George H.W. Bush's Legacy Holds Little, Nothing for Libertarians To Celebrate
There is little to celebrate and much to criticize.
Chicago Mayoral Candidate Wants To Settle City Debts by Taxing the Neighbors
The Windy City is bleeding population. A commuter tax is most certainly not going to help.
The #ThotAudit Is Deeply, Painfully Stupid
The snitch crusade is ostensibly about making sure hot women aren't making money off their hotness without giving the government a cut.
Last Year's Tax Cuts Are Yielding Gains for America's Brewers
Brewers are reinvesting more money back into their businesses as a result of last year's tax cuts.
Californians Are Paying More in Taxes So LeBron James Can Play Basketball with Bugs Bunny
Hollywood, just like Amazon, shops around for massive deals from the government that the rest of us have to pay for.
Michigan's Pot Tax Is Too Low, Mitch Albom Says, Because It Could Be Higher
The Detroit Free Press columnist seems oblivious to black-market competition.
Voters in Florida, North Carolina Just Made It Much Harder to Pass Future Tax Hikes
North Carolina capped income tax rates at 7 percent, while Florida will now require a supermajority to increase taxes or fees.
San Francisco Just Passed the Largest Tax Increase in City History. It's Anybody's Guess if It's Legal.
Prop C hikes business taxes by $300 million to pay for homeless services.
5 Things Canada Got Right When It Legalized Pot
Our northern neighbors are handling the transition from prohibition to regulation better than the U.S. in several ways.
No Matter Who Takes Home a Record Lottery Prize, the Government Always Wins
The Mega Millions jackpot has reached an astounding $1.6 billion. You and I probably won't win, but the government definitely will.
Report: California's Transportation Agency Coordinated With Gas Tax Supporters
The agency and the anti-repeal coalition discussed events, social media posts, and congressional Republicans in vulnerable races.
It's Official: 2018 Federal Deficit Largest Since 2012
The federal government spent $790 billion more than it taxed during fiscal year 2018. The deficit is about to get worse. Much worse.
Median Household Income Is at an All-Time High. Are You Happy Yet?: Podcast
Economist Mark J. Perry talks about rising incomes, flattening inequality, low unemployment, and why none of it seems to make us feel better.
State Migration Increasingly Driven by Taxes
Tax competition between states is alive and well.
Trump's Tariffs Will Cost More Than Obamacare's Taxes
If Trump presses ahead with plans to tax all Chinese imports, the added costs would cancel out the economic benefits of last year's corporate tax cut.
Alexandria Ocasio-Cortez Won't Say How She'll Pay for $40 Trillion Platform
CNN's Jake Tapper kept asking the socialist candidate where the money would come from. Eventually, he gave up.
Universal Savings Accounts a Silver Lining in GOP Tax Reform
The Republican tax plan contains one reform worth cheering for.
Flint Residents Could Be Forced to Foot the Bill for a New Hilton
Just what they need right now!
Arizona Supreme Court Blocks Proposed Tax Hike, Saying It's Too Confusing
The ballot initiative, which would have raised money for education by hiking taxes on the wealthy, "creates a significant danger of confusion or unfairness."
New Jersey Could Legalize Weed Next Month
The one stumbling block remaining is a debate over how much of a cut the state should get.
Did Ridesharing Kill the D.C. Metro? We Crunched The Numbers.
Other subway systems have managed to maintain or even gain riders since Uber and Lyft launched. Why is the D.C. Metro losing them?
Massachusetts Mayor Claims Sam Adams Is Profiting Off Trump's 'White Nationalist Agenda'
Taking a tax break now amounts to taking a side.
Extending Last Year's Tax Cuts Without Massive Spending Reductions Would Be a Fiscal Disaster
New CBO analysis shows debt could exceed 200 percent (!!!) of GDP by mid-century without changes.
Republican Candidates Would Rather Campaign on Fear Than Tax Cuts
"We wish it got the pitch forks out and it doesn't."
White House Wants to Cut Capital Gains Tax
The Trump administration may sidestep Congress to get another tax cut passed.
Tax Reform 2.0? Let's Do Better
We need to get serious about controlling government spending.
Portland's Clean Energy Tax Is Direct Democracy at Its Worst
Environmentalist groups are supporting a ballot initiative that raises taxes on retailers and consumers in order to pay for grants to environmentalist groups.
Cigarette Smuggling Keeps Illinois Residents in Affordable Smokes
High tobacco taxes neither raise revenue nor discourage smoking.
State Legislatures and City Governments Are Going to Battle Over Food Taxes
Will Philly soda tax win cause local food taxes to "bubble up," or could it spur still more states to squash local food taxes?