Bankrolling the Nation
Plus: Iran, hooters, DoorDash oppression, and more...
Taxes
Jeff Bezos Is Right: Taxing Billionaires Won't Solve the Affordability Crisis
Before demanding more money from America’s wealthiest, lawmakers should account for the billions of dollars the federal government wastes each year.
A Half-Million Dollar Fine for a Tax Paperwork Oversight
Too many courts ignore the Eighth Amendment’s ban on excessive fines.
Donald Trump and Josh Hawley's Federal Gas Tax Holiday Would Save Drivers Less Than $9 Per Month
It was a bad idea when Biden proposed it, and it's a bad idea now that Trump is proposing it. Want lower gas prices? End the war.
Taxes and Government Fees Make Up 25 Percent of Car Rental Fees
Travelers make easy targets for revenue-hungry officials.
These Politicians Want To Tax the Rich. But Why Do They Seem To Despise Them?
Are Jeff Bezos and other billionaires really evil just because they're wealthy?
A Circuit Split Gives SCOTUS an Opportunity To Overturn a Federal Law That Makes Home Distilling a Felony
The 6th Circuit upheld that 158-year-old law, while the 5th Circuit concluded it could not be justified as a revenue measure.
New Jersey's Iconic Diners Are Dying. This Is the Wrong Way To Save Them.
Democratic state lawmakers want to give tax carveouts to certain restaurants. The real problem is New Jersey's tax code itself.
AOC Hates Billionaires, Heritage Americans, and Ranking Christopher Nolan Movies
Robby Soave and Christian Britschgi tear apart AOC's belief that billionaires don't earn their wealth.
Federal Court: Trump's Newest Tariffs Are Also Illegal
Trump's use of Section 122 ignored the plain language of the law and invoked a broad executive power where Congress clearly provided a narrow one.
Elizabeth Warren Wrongly Implies Jeff Bezos Isn't Paying Enough Taxes
The rich pay more than their "fair share."
Seattle's Socialist Mayor Laughs at Wealthy Residents Leaving To Escape High Taxes
“Bye!” Mayor Katie Wilson says with a wave to those who want out.
A Journalism Tax Is a New Front in Australia's War on American Tech
A new bill would compel Meta, Google, and TikTok to pay for Australian journalism.
The Marriage Gap Is America's Most Overlooked Source of Inequality
Every dollar of well-intentioned government assistance comes with a behavioral price tag that we've largely refused to count.
Zyn Pouches Are Safer Than Cigarettes. Why Are Some Politicians Targeting Them?
Making less harmful products harder to get pushes people toward more dangerous ones.
Taxing the Rich
Plus: New York City's persistent budget problems, the crony capitalist scramble for Venezuelan oil, senseless trafficking PSAs, and more...
Republicans Fumble Away Fiscal Conservatism in Stadium Subsidy Projects
Small-government conservatives are tripping over themselves to give millions of taxpayer dollars to billionaires.
Trump's Illegal Tariffs Are Finally Being Refunded. Will You Get Any of the Money?
The burden of Trump's illegal tariffs was spread across the American economy. The refunds likely won't cover all those costs.
Sixth Circuit Upholds Federal Law Banning Home Alcohol Distilleries, Creating a Circuit Split
The decision is at odds with a recent ruling by the Fifth Circuit.
Report: High Taxes and Burdensome Regulations Are Killing California
California politicians’ policy choices are making the state unaffordable and unattractive.
Eric Swalwell, Pope Fight, Tax Day Woes
Robby Soave and Christian Britschgi discuss Eric Swalwell's fall from grace and how tax day radicalizes us every year.
'The Rich Don't Pay Their Fair Share' and 4 Other Tax Myths That Won't Die
The United States has the most progressive income-tax system in the developed world.
Trump's Illegal War in Iran Is Financed by Your Taxes. That's a Good Reason To Stop Paying Them.
If Congress will not deploy the power of the purse to restrain a lawless administration and an illegal war, then it falls to the public to do so.
House Readies Spy Powers Vote
Plus: New York wants to tax second homes, water in the Dupont Circle fountain, Polish robots chase wild boars, and more...
Sky-High European Cigarette Taxes Drive Thriving Black Market
Smuggled smokes account for more than a third of consumption in France and Ireland.
60% of Americans Agree Taxes Are Too High. Here Are 4 Other Reasons To Hate the Tax System.
A noncomprehensive list
Fifth Circuit Strikes Down Federal Law Banning Home Alcohol Distilleries
The ruling holds the law exceeds Congress' authority under the tax power and the Necessary and Proper Clause. But it does not consider the Commerce Clause.
Trump's New Budget—Which Proposes $1.5 Trillion for Defense—Is Unserious. You Should Still Take It Seriously.
It would be easy to wave it away and move on. But that's how the U.S. got in such a dire fiscal situation.
Strait Talk
Plus: Mamdani vs. self-driving cars, blue state wealth and exit taxes, Hillary Clinton's awful affordability agenda, and more...
'They're Going To Go Elsewhere': Steve Forbes on Why Taxing the Rich Backfires
"For the first time since California came into the union," the publisher and businessman says, "they're having out-migration."
New York Wants a Cut of Counter-Strike's Loot Boxes
Attorney General Letitia James says they're a form of illegal gambling. But the state seems more interested in untaxed revenue than consumer protection.
Trump's Call for a $1.5 Trillion Military Budget Is Irresponsible, Wasteful, and Unrealistic
The proposal is "an enormous waste of taxpayer dollars and would make Americans less, not more, safe." Thankfully, Congress is unlikely to adopt it.
New York's Governor Seems Indifferent to the Health Consequences of a Steep Tax on Nicotine Pouches
Kathy Hochul’s proposed levy would deter smokers from switching to a much less dangerous habit.
Less Than 50 Percent of New Yorkers Support Hochul's Nicotine Pouch Tax
The unpopular plan could do real harm by taxing safer alternatives at the same rate as cigarettes, discouraging smokers from quitting.
The Hidden Costs of Elizabeth Warren's 'Ultra-Millionaire' Tax
The Massachusetts senator fails to consider how her tax would harm middle class Americans and slow economic growth.
How Taxes Are Reshaping Where Americans Live and Work
Increasing income taxes almost always results in less revenue and less economic activity.
New York Gov. Hochul Begs 'High-Net-Worth' Refugees To Return and Be Taxed
Hochul invited those who opposed her policies to leave. Many did. Now she wants them back.
California's Billionaire Tax Won't Save Hospitals
The state's funding crisis is driven by a third-party payment system in which roughly 90 cents of every American health care dollar is paid by someone other than the patient.
Peter Navarro Promised $700 Billion in Tariff Revenue. The Actual Amount Was About $240 Billion.
That’s roughly 12 whole days of government spending.
Tax the Rich All You Want. It Won't Fix the Deficit.
The problem is not that the government collects too little. It's that the government spends too much.
California Billionaire Wealth Tax Would Cost the State $25 Billion, New Research Finds
"If Californians approve this measure in November, they may discover too late that the wealth they hoped to tax has already left the state—with jobs and economic opportunities not far behind."
The Tax Loophole That Made U.S. Health Care Unaffordable
The employer insurance exclusion has chained workers to their employers, practically eliminated consumer price sensitivity, and suppressed wages.
After Paying Illegal Tariffs, Will Small Businesses Get a Refund? 'I'm Not Holding My Breath.'
Even if the refunds are made, business owners say they won't cover all the additional costs created by Trump's chaotic trade policies.
The Sanders-Khanna 'Billionaire Tax' Would Make All Americans Poorer
The senators are ignoring the predictable consequences of their wealth tax.
