Democrats Hike Taxes on Vaping, but Not Tobacco, in Latest Version of 'Build Back Better' Bill
Plus: America's mayors want to be paid in bitcoin, Democrats want to subsidize local journalists, and more...
Taxes
Voters Are Done With COVID-19 and Pandemic-Powered Officials
Panicked Americans surrendered a lot of authority during the pandemic. Now they want their country back.
The World's Richest Countries Want To Create a Competition-Crushing Global Tax Cartel
Hundreds of leaders have endorsed a 15 percent global minimum tax to quash countries with lower and simpler taxes.
A Tax Break for the Rich Could End up Being the Largest Part of the 'Build Back Better' Plan
Removing the cap on the state and local tax deduction would be a massive tax break for wealthy Americans who choose to live in high-tax states.
Democrats Have a Lot of Bad Ideas for Tax Reform
Careful, thoughtful policy making is not ruling the day.
It Sure Looks Like Democrats Don't Have the Votes To Raise Enough Taxes To Pay for Their Massive Spending Bill
And it just might reduce the tax burden for the well-off in the short term.
Manchin on Biden's Plan To Let IRS Snoop on Bank Transactions: 'It's Screwed Up'
Plus: RIP to political humorist Mort Sahl, a look at which households pay the largest share of sin taxes, and more....
Democrats' Proposed 'Billionaire Tax' Is Definitely a Wealth Tax, and It May Be Unconstitutional
Imposing a wealth tax may not even be among the enumerated powers of Congress.
Freedom, Responsibility, and Coronavirus Policy
Plus: The Reason Roundtable makes talking about taxes interesting.
Why Do Democrats Want To Create More Eric Garners?
Higher cigarette taxes will fuel greater black-market activity and more confrontations with the police.
Democrats Still Want to Spend Trillions. But They Don't Want To Raise Taxes To Do It.
Plus: In-N-Out fights San Francisco's vaccine mandate, the Vienna Tourism Board gets an OnlyFans, apes protest the DEA, and more...
Dems Try To Pass Off $10,000 IRS Reporting Threshold as Merely Going After the 1 Percent
Proposed IRS surveillance now limited to non-wage net annual transactions of $10,000 and above. Which is still ridiculously low and intrusive.
Natural Experiments Make the Case for Liberty
One of this year’s Nobel Prize winners in economics inadvertently created a pro-liberty methodology.
Joe Manchin Isn't the Fiscal Conservative We Need, but He's the Best We've Got
"Spending trillions more on new and expanded government programs, when we can't even pay for the essential social programs...is the definition of fiscal insanity."
Americans Paid $7.6 Billion in Tariffs During August, a New Monthly Record
The trade deficit is now the widest on record too.
The (Likely) End of the SALT Tax Deduction Litigation
Four blue states' misguided legal challenge to the cap on the SALT tax deduction suffered a well-deserved defeat in the Second Circuit. The case is likely over.
Joe Biden's Misguided Attack on Tax Havens
President Joe Biden apparently thinks it's wrong for corporations to locate their headquarters in low-tax places like Bermuda, Ireland, and Switzerland. Did he learn nothing from living in Delaware?
J.D. Vance Says Government Should Seize Assets of Political Nonprofits
Plus: Fusionism, OnlyFans, and more...
Dems' Plan To 'Tax the Rich' Might Include a Huge Tax Break for the Rich
Repealing the cap on the SALT deduction would overwhelmingly benefit the wealthiest households in America.
This Anti-Vaping Congressman Insists 'There's Simply No Evidence' That E-Cigarettes Help Smokers Quit
Although Raja Krishnamoorthi says "adults can do what they want," he is determined not to let them.
Bureaucrats and Politicians Seem Determined To Cripple a Lifesaving Alternative to Smoking
E-cigarette regulations and taxes threaten an industry that could prevent millions of premature deaths.
Vacant Homes Aren't Making Cities Expensive
And vacancy taxes won't make them affordable.
Biden's Plan To Crack Down on Tax Cheating: Snooping on Everyone's Bank Accounts
The president says the IRS needs just two bits of information: all the money that goes into your bank account, and all the money that comes out.
Taxing the Rich Isn't Enough to Pay for Democrats' Welfare State. They'll Need To Soak the Middle Class Too.
There simply aren't enough rich people to finance all the new spending.
The $700 Billion Gimmick at the Center of Biden's Tax Plan
Biden's plan will raise taxes on individuals earning as little as $30,000 annually by 2027, but that's just a trick to make the overall cost of the bill look lower than it really is.
If the FDA Doesn't Kill the Vaping Industry, the Democrats' Tax Hike Just Might
House Democrats' proposed excise taxes could double or triple the price of some vaping products.
Memphis Gave IKEA $9.5 Million While Several Smaller Furniture Stores Went Under
Corporate welfare hurts the people who actually need help.
Biden's $3.5 Trillion Spending Plan Will Leave Americans Poorer in the Long Run
A new analysis projects that private capital, wages, and America's GDP will fall over the next three decades if Congress passes the $3.5 trillion reconciliation package. But at least government debt will grow!
House Democrats' Tax Bill Lavishes Subsidies on Local News
The Democrats' new tax plan would give local newspapers up to $25,000 in refundable tax credits for each journalist they employ.
How Biden's Vaccine Mandates Degrade Social Trust
Plus, how his tax hikes won't actually help anyone, either.
Boris Johnson Taxes the Young To Pay for the Old
The highest tax burden in a generation confirms the Conservative Party has no interest in small government.
Democrats Try To Hide a $3 Trillion Tax Increase From Voters
The plan would make a liar out of Biden on a level reminiscent of George H.W. Bush's betrayal of his "read my lips" tax pledge.
House Democrats Ready Taxes on E-Cigarettes and Cryptocurrency
Plus: Vaccine mandates are popular, Texas versus free speech, and more...
COVID Money Funded Ankle Monitors for Student-Athletes in Washington
"You have no choice in the matter."
Once a Communist Backwater, Georgia Discovered the Benefits of Free Markets. Now It Risks Abandoning Them.
"Government should be very small. It should just regulate the minimum."
The Pandemic Has Most Americans Paying No Federal Income Taxes
A minority of the population picking up the tab would be dangerous if the situation were to last.
State Governments Didn't Need Coronavirus Bailouts. They Got Billions of Dollars Anyway.
As it turns out, state and local tax revenues hardly collapsed.
How a Sneaky Crypto Crackdown Plot Blew Up the Infrastructure Bill
Cryptocurrency advocates fight back against major government overreach.
Cryptocurrency Fight Holds Up Infrastructure Bill
For now, the side that wants less cryptocurrency regulation and taxation lost.
Elizabeth Warren Wants the IRS To Create Its Own TurboTax. What Could Go Wrong?
A simplified tax code is the answer, not giving the IRS more funding.
When Government Spending Hurts the Most Vulnerable
As inflation increases, we need a low-debt environment.
Want To Close the Tax Gap? Cut Taxes.
It would require our enormous government to become less gluttonous with the people's resources.
Chuck Schumer Says He Wants To Legalize Marijuana. His Bill Suggests Otherwise.
The Senate majority leader's racial rhetoric and overly prescriptive approach make an already iffy effort even more quixotic.
Shaky Social Security Trust Fund May Run Out in 11 Years
Are you ready for 30 percent cuts in benefits to keep the program alive?
Biden's New Death Tax Hits the Middle Class While Excluding Certain Wealthy Investors
The American Families Plan hits individuals with identical net worths very differently.
Federal Court Strikes Down Tax Mandate Requirement in Biden Stimulus Spending Bill
The mandate prevents bars states receiving federal funds under the Act from enacting tax cuts that are "directly or indirectly" offset by the grants.
The Bipartisan Infrastructure Bill Shows That Republicans Love Big Government Just as Much as Democrats
We don't have a gridlock problem. We have a spending problem.
