Taxes
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?
House Republicans Want Permanent Tax Cuts They Can't Pay For
GOP legislators released their "Tax Reform 2.0" proposal, which aims to make last year's tax cuts permanent, adding trillions to the $21 trillion debt.
More and More of What We Do Depends on Government Permission
The granting or withholding of that approval is a powerful lever over our lives.
Four Blue States File Dubious Lawsuit Against Cap on Federal Tax Deduction for State Tax Payments [updated with brief response to Michael Ramsey]
The lawsuit contends that the Constitution requires a federal tax deduction for "all or a significant portion" of state income tax payments. It relies on badly flawed constitutional arguments to try to prop up a badly flawed policy.
Top White House Adviser Wrong About the Deficit, According to White House Report
Trump adviser Larry Kudlow says the tax law will bring the deficit down. An administration report shows that's not right.
San Francisco Ballot Initiative Would Tax Ridesharing Companies, Internet Sales, and Robot Cars
City Supervisor Aaron Peskin is on a quest to tax everything good about the 21st century.
Four Blue States Scream 'Federalism' and Sue to Stop Changes in Federal Tax Deductions
New York gets salty over new limits because now the rich will know they're being soaked.
Jerry Brown Signs Soda Tax Ban (Yay!) So That California Cities Can Tax Other Things (Boo)
California's governor signed a bill no one likes in order to keep taxpayers from having a say.
All Over the World, People Love Bootleg Moonshine and Hate Taxes
If you don't want a black market in booze to develop, keep the tax man on a leash and regulators in check.
Migrants Boost Per Capita Incomes and Lower Unemployment Finds Yet Another Study
Thirty years of data show "refugee burden" is a myth: Migrants to Europe have been a significant economic benefit
With Bitter Parting Shot, CA State Senator Confirms Voters' Wisdom
State Sen. Josh Newman cast a deciding vote in favor of a much-maligned and dramatic increase in gasoline taxes. He was promptly shown the door.
Supreme Court Rules States Can Demand Outside Online Retailers Collect Sales Taxes
A blow against federalism, tax competition, and small businesses trying to expand.
After Seattle Ditches Its Amazon Tax, Silicon Valley City Mulls a Google Tax
Employee head taxes are enjoying an undeserved popularity.
Why the Individual Mandate Part of the New Obamacare Case Matters
Most of the attention on the twenty state lawsuit against Obamacare understandably focuses on the "severability" issue, which could lead to the demise of the entire Affordable Care Act. But the individual mandate part could also set an important precedent.
Seattle Now Wants to Repeal Controversial Amazon Tax
Tax proponents folded rather than defend the tax from a increasingly popular voter initiative to repeal the tax.
Philadelphia Wants To Tax Housing Construction to Make Housing Cheaper
Real estate investors worry a new construction tax will halt construction in an already-heavily taxed city.
In Jordan, Labor Unions and Businesses Have Joined Forces to Fight an Unpopular Tax Bill
Tax increases aimed at balancing the government budget have squeezed the poor and middle class and sparked a wave of protests.
San Francisco Voters Choose Between a 1000 Percent Tax Increase and a 500 Percent Tax Increase
The city's "moderates" and "progressives" fight over whether to raise taxes or raise taxes.
In New York–Massachusetts Rivalry, Massachusetts Is Winning
Boston is the top destination for Gotham residents seeking to escape New York's high taxes and regulations.
California's 'Taxpayer Transparency and Fairness Act' Resulted in Less Transparency, Fairness for Taxpayers
Now it's clear that gutting the state's old tax agency was bad for taxpayers.
