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!
The Democrats' new tax plan would give local newspapers up to $25,000 in refundable tax credits for each journalist they employ.
Plus, how his tax hikes won't actually help anyone, either.
The highest tax burden in a generation confirms the Conservative Party has no interest in small government.
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.
Plus: Vaccine mandates are popular, Texas versus free speech, and more...
"You have no choice in the matter."
"Government should be very small. It should just regulate the minimum."
A minority of the population picking up the tab would be dangerous if the situation were to last.
As it turns out, state and local tax revenues hardly collapsed.
Cryptocurrency advocates fight back against major government overreach.
For now, the side that wants less cryptocurrency regulation and taxation lost.
A simplified tax code is the answer, not giving the IRS more funding.
As inflation increases, we need a low-debt environment.
It would require our enormous government to become less gluttonous with the people's resources.
The Senate majority leader's racial rhetoric and overly prescriptive approach make an already iffy effort even more quixotic.
Are you ready for 30 percent cuts in benefits to keep the program alive?
The American Families Plan hits individuals with identical net worths very differently.
The mandate prevents bars states receiving federal funds under the Act from enacting tax cuts that are "directly or indirectly" offset by the grants.
We don't have a gridlock problem. We have a spending problem.
The Court left increasingly urgent questions about taxing remote workers up in the air.
But the issue of state taxation of remote workers is likely to recur.
For many elected Democrats, infrastructure is much more than roads, bridges, dams, and waterways.
The software entrepreneur, Libertarian presidential hopeful, and international man of mystery had just been ordered extradited to the U.S. from Spain on charges of tax evasion when he was found dead by hanging.
It will be no better for taxpayers than oil cartels are for consumers.
In capitalist societies, the poor get richer.
And as many as 75 percent of middle income households face a tax increase under Biden's plan, even though the highest-earning households will pay the vast majority of the costs.
Six different states are already suing over a broad prohibition on tax cuts that was slipped into March's $1.9 trillion COVID relief bill.
A new study finds that as the government expands, the private sector shrinks.
The new report doesn't reveal anything we didn't already know.
But it would triple the IRS budget and give the tax cops a lot more power to make life miserable for individuals and businesses.
Why the Golden State is losing people, business, and a congressional seat
The spending plan demonstrates an unwillingness to govern and a preference for pandering to special interests.
The Biden administration is expending a lot of time and energy to make the country more uncompetitive than ever.
Urban Democrats may be leading the charge, but Republicans, too, have enlisted.
The MORE Act, which was reintroduced today, is full of contentious provisions that go far beyond repealing federal prohibition.
No country gets out of poverty through redistribution of income.
Plus: Trump administration spied on CNN reporter, the right's wrong turn on economic liberty, and more...
In response to Biden's child tax credits, Sen. Josh Hawley proposes paying parents $1,000 per month—if they're married—and $500 per month if they're single.
A federal court issues a ruling against the requirement that states receiving stimulus funds are not allowed to raise taxes. Meanwhile, the Treasury Department issues an "interim final rule" intended to limit the scope of the mandate - and protect it against legal challenge.
Many Democrats and Republicans act like spending isn't an issue. Here's why they're wrong.
"I don't understand why money is leaving my pocket and going into the pocket of somebody who is wealthy."
The state and local tax deduction overwhelmingly benefits rich households in high-tax states while shifting their federal tax burden to everyone else.
Good intentions, bad results.
Like all licensing schemes, this one will raise prices for consumers, hurt entrepreneurs, and protect the interests of the big guys in the market.
The White House says cracking down on tax cheats will generate $700 billion over 10 years to help offset a $1.8 trillion expansion of welfare programs.
"We need a Green New Deal for Public Housing," says Rep. Jamaal Bowman. "We need a Green New Deal for Cities…and we need a Green New Deal for Public Schools."
