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.
Taxes
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.
This Taxation Is Looking a Lot Like Theft
The Trump administration is trying to avoid paying refunds after illegally collecting $175 billion from its emergency tariff scheme.
A 'Mansion Tax' in Los Angeles Is Worsening the City's Housing Crisis
A transfer tax on high-value real estate transactions is reducing the number of homes on the market and limiting new construction.
The 4 Economic Myths Powering Trump's New Tariff Push
American businesses and consumers absorbed nearly 90 percent of the 2025 tariffs' economic burden, the Federal Reserve Bank of New York found.
The Flaws of 'Funded' Inclusionary Zoning
Taxing new housing will always reduce housing production.
Even Without the 'Emergency' Powers SCOTUS Rejected, Trump Has a Bunch of Tariff Options
There are many laws that explicitly authorize the president to impose taxes on imports, but they include limits that Trump was keen to avoid.
Washington's Millionaire Tax Is Economic Suicide
Washington has enjoyed decades of spectacular economic growth as a direct result of the absence of state income taxes. The new measure threatens to change all that.
Politicians Want To Avoid Reforming Social Security and Medicare. You Will Pay the Price.
Inflation is a silent tax—and the most painful way to finance government promises.
The Heavy Pot Taxes Favored by The New York Times Would Undermine Legalization
The newspaper’s plan to address marijuana abuse would compound the disadvantages that state-licensed suppliers face in competing with the black market.
Lawmakers in Florida and Ohio Consider Abolishing Property Taxes
People don't like property taxes—but they are also not eager to cut the government services they fund.
Wealth Taxes Are Proven Failures. Will California Take Note?
Across advanced economies, they have repeatedly been narrowed or even repealed after delivering disappointing revenue, tax avoidance, capital flight, and costly administrative battles.
'Billionaire' Tax is a Bait-and-Switch To Gouge the Middle Class
Proposals sold as targeting extreme wealth would fundamentally change how Americans are taxed—turning any ownership into a recurring liability for the middle class.
Trump Claims His Tariffs Have 'Brought America Back.' Here Are 3 Things He Got Wrong.
The president's article in The Wall Street Journal is wildly misleading.
Dumping State Income Taxes Could Mean High Sales Taxes—or an Opportunity for Smaller Government
A new report warns that some plans for replacing income tax revenue rely on unrealistic assumptions.
There Are No Good Reasons To Subsidize Sports Stadiums. Governments Keep Doing It Anyway.
“If we stop funding all sports stadiums tomorrow, then the world wouldn't change hardly at all," says one economist.
The Real Reason You Pay for NFL Stadiums
Economist J.C. Bradbury breaks down why taxpayer-funded stadiums are a bad idea, how team owners market them to politicians, and why another stadium building boom may be coming.
California's 'Billionaire Tax' Could Bite Harder Than Advertised
The proposed tax is already driving people and businesses to flee the state.
Trump's 25 Percent Tariff on Chip Imports Is Really an Export Tax
The order imposes duties on China-bound AI chips if chipmakers don't invest in American semiconductor fabrication.
Florida Governor Candidate Proposes 50 Percent Tax on OnlyFans Creator Revenue
"I will not allow a generation of smart and capable young women to sell their bodies online," said Republican gubernatorial hopeful James Fishback.
California Billionaires Are Leaving the State in Response to Proposed Wealth Tax
The wealth tax would discourage investment and likely lower tax revenue for California.
Why Mitt Romney's Call To Tax the Rich Falls Apart
Yes, the status quo is unsustainable. But Romney's proposed solution risks making those problems harder to fix while foreclosing opportunities for the next generation.
The Big Lesson of the 2020s? Don't Ignore the Economists.
From COVID-19 lockdowns to Biden's inflation and Trump's tariffs, bad things have happened when economics are sidelined in policymaking.
Trump's Marijuana Order Vindicates Longstanding Criticism of the Plant's Legal Classification
In addition to its symbolic significance, rescheduling the drug will facilitate research and provide tax relief to state-licensed cannabis suppliers.
Trump Orders the 'Expeditious' Reclassification of Marijuana
The long-awaited move will facilitate medical research and provide tax relief to the cannabis industry, but it falls far short of legalization.
