This Nebraska Man Almost Lost His Home and All of Its Equity Over a Small Tax Debt. He Just Won in Court.
Kevin Fair fell behind on his property taxes in 2014. The local government eventually gave a private investor the deed to his home.
Kevin Fair fell behind on his property taxes in 2014. The local government eventually gave a private investor the deed to his home.
People making the same income should be paying the same level of taxes no matter how they choose to live their lives.
Athletes still can't swim in the Seine River after Paris wasted $1.5 billion trying to clean it for Olympic events.
Researchers found that giving people $1,000 every month for three years resulted in decreased productivity and earnings, and more leisure time.
The New Right talks a big populist game, but their policies hurt the people they're supposed to help.
According to recently updated figures, more than half of the state's film production credits for 2021 went to just one film, whose two stars collectively earned over $50 million.
Wealth taxes discourage investment, shrink wages, and don’t generate much revenue.
Although former President Donald Trump's deregulatory agenda would make some positive changes, it's simply not enough.
You don't promote acceptance by locking people up for victimless crimes.
Reducing revenue without identifying offsetting spending cuts means Trump is merely promising to borrow more heavily.
Reasonable options include gradually raising the minimum retirement age, adjusting benefits to reflect longer life expectancies, and implementing fair means-testing to ensure benefits flow where they're actually needed.
A revision to the municipal code made it illegal for groups of four or more people to convene in public spaces for commercial recreational activities without a government stamp of approval.
The Tax Cuts and Jobs Act expires at the end of 2025, with a high price tag for most Americans.
Private unions have every right to exist, but that doesn't mean they're actually beneficial on net.
A report from Good Jobs First found that 80 percent of state development agency revenue comes from fees: The more tax money they give out, the more they get to keep.
There are many pervasive myths about the U.S. tax code. Here are a few.
According to IRS guidance, any income derived from illegal activity is taxable, and there's no statute of limitations on when they can go after you.
Wealthier Americans pay a record share of federal taxes, but voters (and President Joe Biden) believe they're freeloading.
The situation is more dire when you consider how much federal spending is financed by debt.
Plus: A listener asks the editors for examples of left-leaning thinkers who also hold libertarian ideas.
Plus: Ethan Mollick on AI, Nancy Pelosi's kente cloth, hurricanes may destroy us all, and more...
The Department of Justice is suing several tax preparers for filing fraudulent returns, but even honest filers risk running afoul of tax laws.
The president wants to raise the rate from 21 percent to 28 percent, despite it being well-established that this is the most economically-destructive method to raise government funds.
Plus: A listener asks the editors a question about progressive taxation in the United States.
The company will now build everything in its existing Illinois factory, pausing construction on the Georgia plant until "later."
In California, which has a slew of renewable energy regulations, the cost of electricity increased three times faster than in the rest of the U.S.—and the state still doesn't even get reliable energy.
The credits cost the state over $1.3 billion per year with a 19 percent return on investment. Lawmakers' proposals will do little to change that.
AEI's Tony Mills and British biochemist Terence Kealey debate whether science needs government funding.
Plus: California reparations bills drop, the Biden administration continues the war on gas stoves, and D.C.'s rising crime rate.
AEI's Tony Mills and British biochemist Terence Kealey debate whether science needs government funding.
According to a report from Good Jobs First, St. Louis' public schools took the brunt of the loss at nearly 65 percent of the total.
It's not robbing Peter to pay Paul. It's more like robbing Peter to pay Peter.
Government is "promoting bad behavior," says Sen. Rand Paul. He's right.
Plus: Adult activists, Fani Willis' love life, Catholic crackdown, and more...
DeSantis says the new, single tax rate would mean "lower taxes for everyone" but that only demonstrates that he hasn't thought too deeply about how a flat tax would work.
Big government has been ruinous for millions of people. Charities aren't perfect, but they are much more efficient and effective.
Lawmakers can take small steps that are uncontroversial and bipartisan to jumpstart the fiscal stability process.
The program generates just 19 cents for every dollar spent.
Nannies never fall out of love with failed authoritarianism and curbs on freedom of choice.
Lower taxes create opportunities that draw even those not consciously considering tax rates.
The Copenhagen Consensus has long championed a cost-benefit approach for addressing the world's most critical environmental problems.
In the last 50 years, when the budget process has been in place, Congress has managed only four times to pass a budget on time.
The "Taxpayers Bill of Rights" requires that the state return excess revenue to taxpayers. A ballot question could change that.
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.
Plus: Massive union wins, abortion rebrands, Silvio Berlusconi's nude-art collection, and more...
Plus: Tanks in Gaza, quitting the DSA, Gen Z hates a sex scene, and more...
Ford and General Motors have tempered plans for E.V. production, but governments still spend billions of dollars in incentives.