Gas Tax Revenues Decline as Cars Get More Efficient. How Will Government Pay for Roads?
Lawmakers should consider a user-fee system designed to charge drivers by the mile.
Taxes
Ohio Republicans Drop Last-Minute Effort To Derail Voter-Approved Pot Legalization
As of today, adults 21 or older in the Buckeye State may possess up to 2.5 ounces of marijuana and grow up to six plants at home.
Yes, Heavy Regulation Hurts the Economy. Just Look at France.
We're often told European countries are better off thanks to big-government policies. So why is the U.S. beating France in many important ways?
Americans Are Still Fleeing High-Tax States
Lower taxes create opportunities that draw even those not consciously considering tax rates.
Ohio Becomes the 24th State To Legalize Recreational Marijuana
Voters approved a ballot initiative that will allow possession, home cultivation, and commercial distribution—assuming that state legislators don't interfere.
In Colorado, Voters Could Undo Key Component of TABOR Law
The "Taxpayers Bill of Rights" requires that the state return excess revenue to taxpayers. A ballot question could change that.
Is a Land Value Tax the Solution to Detroit's Messed Up Property Tax System?
Detroit Mayor Mike Duggan argues that shifting taxes from homes to the land they sit on will encourage development and cut taxes for most homeowners. Local property tax activists aren't convinced.
Taking From IRS, Giving to Israel
Plus: Massive union wins, abortion rebrands, Silvio Berlusconi's nude-art collection, and more...
New Speaker Mike Johnson's First Good Idea: A Debt Commission
A debt commission won't solve any of the federal government's fiscal problems, but it's the first step towards taking them seriously.
You Can't Fix Him (the IRS)
Plus: Tanks in Gaza, quitting the DSA, Gen Z hates a sex scene, and more...
Democrats Say They're Fighting Inequality. But Many of Their Policies Favor the Rich.
Over the last several years, they have worked nonstop to ease the tax burden of their high-income constituents.
Jim Jordan Is Trying To Buy the Speakership With Tax Breaks for Wealthy Residents of Blue States
It's a maneuver that makes little fiscal, philosophical, or political sense, but thankfully it also seems unlikely to work.
Are Gavin Newsom's Presidential Aspirations Limiting His Progressive Instincts?
He insists that he's not running for president, but his vetoes of the fringiest measures suggest otherwise.
California Is Taxing Itself to Death
Since departees tend to be high earners, their absence threatens to wreck the state's swollen budget.
Americans Learned a Lesson About Interest Rates. Washington Has Not.
Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?
IRS Targeting More Supposedly 'High-Income' Americans Than Advertised
Don’t count on that promise to not hike taxes on “people making less than $400,000.”
'Bidenomics' Is Failing Everyday Americans
The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
Five Years Later, Philadelphia's Soda Tax Is Falling Flat
The city wanted to bring in more money, in part for early childhood education. But such taxes are disproportionately paid by the poor.
Rescheduling Marijuana Would Leave Federal Prohibition Essentially Untouched
Although the HHS-recommended change would benefit researchers and the cannabis industry, it would not resolve the conflict between state and federal marijuana laws.
What Rescheduling Marijuana Would and Wouldn't Do
Although it would leave federal prohibition essentially untouched, the change would facilitate medical research and dramatically reduce taxes on state-licensed suppliers.
China Is No Economic Model for America
The country's current struggles show the problems of the Beijing way—and make the case for freedom.
Season 1, Episode 5 Podcasts
Why We Can't Have Nice Things: The 'Chicken Tax' That Makes Pickup Trucks More Expensive
"It's not easy to make one of these rules, but it's a thousand times harder to get rid of one."
In November, Ohio Could Become the 24th State To Legalize Marijuana
The cannabis initiative will appear alongside a measure aimed at protecting abortion rights, which could boost its chances.
Fun, Silly Anti-Tax Ballad 'Rich Men North of Richmond' Goes Viral for Some Online Reasons
If you don't take Oliver Anthony's surprise hit song too seriously, it's a lot of fun. Regrettably, a lot of people are taking the song much too seriously indeed.
The IRS Misplaced Millions of Taxpayer Records. Again.
The only effective means of keeping tax collectors from misusing data is keeping it from them.
The Democratic Governor Who Wants Drug Legalization and Free Markets
"Government in general does a lot of things that aren't necessary," says Jared Polis.
The Legally Authorized Charges Against Donald Trump and Hunter Biden Don't Tell Us What Justice Requires
The nature of their conduct is a better indicator of the punishment they deserve.
How Hunter Biden's Plea Deal Fell Apart
A federal judge objected to two aspects of the agreement that seemed designed to shield Biden from the possibility that his father will lose reelection next year.
Biden Administration Considering New Tariffs That Will Hike Prices for Canned Goods
The Commerce Department and the International Trade Commission are considering a petition that would impose tariffs of up to 300 percent on tinplate steel.
'Bidenomics,' Like All Industrial Policy, Sucks
Plus: Does Tom Cruise really do all of his own stunts?
'Bidenomics' Is Nothing New
It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
Massachusetts' Wealth Tax Encouraged NBA's Grant Williams To Sign With Dallas
Grant Williams breaks down the math: "$54 million in Dallas is really like $58 million in Boston."
Taxpayers Pony Up for Transit Systems They'll Never Use
The median resident of Southern California takes zero transit trips annually, and only 2 percent of the region's population frequently uses mass transit.
This Election Season, Beware of These False Promises
Many politicians offer a simplified view of the world—one in which government interventions are all benefits and no costs. That couldn't be further from the truth.
Bridget Phetasy: Why I Left California for Texas
The wildly popular podcaster is still "politically homeless" but says leaving California and having a kid have improved her life immensely.
SCOTUS Case Could Quash Democrats' Wealth Tax Plans
Plus: Why people believe doomer narratives, schools seek to define social media platforms as public nuisances, and more...
Economic Freedom Is Declining in the U.S.
We once ranked No. 4 in the world, according to the Heritage Foundation. Now we're 25th.
California's Latest Tax-the-Rich Scheme: Electric Bills Based on Income
And it undercuts energy efficiency investments already made by millions of Californians.
The Debt Ceiling Deal Does Not Go Nearly Far Enough
Projections of huge savings are making the rounds. Nothing could be further from the truth.
One Reason for New York's Pitiful Rollout of Legal Pot: License Preferences for Victims of Prohibition
More than two years after legalizing recreational use, the state has just a dozen licensed retailers.
Adam Smith Wasn't a Progressive
Stop quoting him out of context on taxation, education, and monopoly.
Social Security and Medicare Are Ticking Time Bombs
Even taking all the money from every billionaire wouldn't cover our coming bankruptcy.
Wealth Taxes Result in Rich People Fleeing, Turns Out
Norway hiked its wealth tax. A bunch of rich people got the hell out.
The County Sold Her Home Over Unpaid Taxes and Kept the Profit. SCOTUS Wasn't Having It.
"The taxpayer must render unto Caesar what is Caesar's, but no more," wrote Chief Justice John Roberts.
Should Drivers Have To Pay More To Register Electric Vehicles?
Texas's $200 annual E.V. fees seem like a lot of money but is largely in line with what owners would likely pay in gas taxes.
Taxing the Rich Will Have No Meaningful Effect on Our Sky-High National Debt
The U.S. tax system is extremely progressive, even compared to European countries—whose governments rely on taxing the middle class.
