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Trump’s Tax Returns Show What Sort of Tax Reform We Need

January 5, 2023January 5, 2023 by Veronique de Rugy

The recent release of former President Donald Trump’s tax returns has triggered two seemingly contradictory reactions. Some people are eager to point out that considering his many heavy losses, Trump …

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Categories Politics & Culture

Temporary Government Checks Produce Better Poverty Numbers…Temporarily

September 15, 2021September 15, 2021 by Elizabeth Nolan Brown

Did poverty rise or fall in 2020? That depends on how you define it. American household income fell significantly in 2020, according to data from the U.S. Census Bureau. That …

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Categories Politics & Culture

Opposing Racism Doesn’t Require Promoting Victimhood

September 8, 2021 by John Stossel

Are you a racist? All white people are, says White Fragility author Robin DiAngelo. Race explains everything, says bestselling How to Be an Antiracist author Ibram X. Kendi. “Every policy …

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Categories Politics & Culture

The Pandemic Has Most Americans Paying No Federal Income Taxes

August 23, 2021 by J.D. Tuccille

Given my recognition that taxation is theft, or at least a thoroughgoing act of extortion, I’m generally delighted when people escape the clutches of the tax man. But news that …

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Categories Politics & Culture

Supreme Court Won’t Hear Case Challenging Massachusetts’ Income Tax on Telecommuters Who Don’t Live or Work in Massachusetts

June 30, 2021 by Ella Lubell

The Supreme Court won’t take up New Hampshire’s lawsuit against Massachusetts over teleworker taxes. Massachusetts has a policy of taxing out-of-state teleworkers working for Bay State companies. The Court justifiably …

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Categories Politics & Culture

The 16th Amendment: How the U.S. Federal Income Tax Became D.C.’s Favorite Political Weapon

May 31, 2021May 30, 2021 by Tenth Amendment Center

The American Revolution was sparked in part by unjust taxation. After all, the colonists in Boston rebelled against Britain for imposing “taxation without representation,” and summarily tossed English tea into …

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Categories Politics & Culture

3 Myths About American Decline

May 27, 2021May 27, 2021 by Nick Gillespie

The American Enterprise Institute sociologist Scott Winship says that Americans are prone to believing “declension narratives,” or stories about how the Golden Age ended sometime in the past and we …

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Categories Politics & Culture

How Monetary Expansion Creates Income and Wealth Inequality

May 17, 2021May 17, 2021 by Mises Wire

“Every change in the money relation alters … the conditions of the individual members of society. Some become richer, some poorer.” – Mises, Human Action, p. 414. New money enters …

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Categories Business & Economics

Biden To Propose $80 Billion For IRS, More Power To Chase Down High-Income Tax Evasion

April 27, 2021 by Tyler Durden

Biden To Propose $80 Billion For IRS, More Power To Chase Down High-Income Tax Evasion The Biden administration is expected to propose giving the IRS $80 billion and granting the …

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Categories Business & Economics

TSLA Slides After Beating EPS, But All Net Income Comes From Regulatory Credit Sales

April 26, 2021 by Tyler Durden

TSLA Slides After Beating EPS, But All Net Income Comes From Regulatory Credit Sales As we previewed earlier, Wall Street expectations from TSLA’s earnings today are rather stratospheric, but as …

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Categories Business & Economics
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