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Veronique de RugyReason.com |
The headline item from Tuesday's elections is that Democrats wiped out Republicans in the House and the Senate. Congratulations. But do our newly...
wealth tax Billionaires Have Already Paid Us Back. So Why Does California Want More? People don't build great wealth first and...
No matter what happens in Tuesday's elections, support for wealth taxes keeps growing. Its justification is based on the idea that the very rich...
French economist Gabriel Zucman has come to California bearing a familiar French solution to a fiscal problem: another tax. Once based at the...
wealth tax France Is a Warning to California's Tax-the-Rich Crowd The French economist pushing California's billionaire tax should...
Budget Deficit The Federal Government Collected $5.4 Trillion. It Still Can't Pay Its Bills. Entitlement spending, defense...
Price controls Price Controls Don't Work. So Why Do So Many Democrats and Republicans Love Them? Price controls are seductive...
National Debt The National Debt Has Exploded. The Reckoning Is Still Coming. Even the best-case scenario means less investment,...
Is the federal government's history of enormous deficits proof that it can keep up the borrowing? Some people think so, and legislators sure act...
Free Trade Trump Says He Wants To Beat China With Tariffs. He's Made the U.S. Weaker Instead. China does present some real national...
Inflation The Fed Can't Fight Inflation Alone. Will Congress Do Its Part? Lawmakers have to show they'll back the national debt...
Child Care There's No Market Failure in Choosing to Stay Home. So Why Subsidize It? J.D. Vance would like to give money to people...
There's an old saying: Those who can, do; those who can't, teach. A similar idea underscores the debate over wealth taxes in California and...
Jones Act America Suspended the Jones Act. Americans Were the Winners. In under five months, waiving the protectionist law opened...
Since March, America has been running an accidental experiment and glimpsing what the country might look like without one of its dumbest statutes. The...
Socialism The GOP Is Warning About Socialism While Quietly Embracing It Federal ownership of private companies has become routine....
Automation The People Fighting Technology That Could Save Thousands of Lives Automation will destroy some jobs—and create others....
Somewhere in Los Angeles this year, someone will get home who otherwise wouldn't have. You'll never learn her name. There will be no...
Social Security A 22 Percent Social Security Cut Is Coming. Will the Senate Act? Once the trust fund is empty, Social Security can...
Americans will soon choose a set of senators who will take office in January 2027 and serve through early 2033. In the final months of that term,...
Government How a 700-Year-Old Work of Art Warns America Ambrogio Lorenzetti's Allegory of Good and Bad Government presents a...
There are moments when history reaches across the centuries with startling clarity. Standing in the Palazzo Pubblico in Siena, Italy, and looking at...
Government Spending The New Transportation Bill Puts Special Interests Above Safety Some safety recommendations are treated as...
Congress loves to wrap legislation in the language of the public interest. This year's surface transportation reauthorization bill is no...
Taxes Even a Global Wealth Tax Can't Solve This Problem Raise the price of an activity and people do less of it or restructure how...
Last week, nearly every elite men's tennis player skipped one of London's marquee tournaments. Only one of the world's top 10 showed up...
Poverty The War on Economic Growth Is a War on the Poor No poor country has ever achieved decent living standards without first...
The new "Global Justice Report" by the World Inequality Lab in France — which calls for caps on economic growth in rich countries, top...
Inequality The Economist Who Wants To Make the World Poorer Thomas Piketty's plan is a comprehensive program for global managed...
Writer and philosopher Ayn Rand was often accused of inventing cartoonish villains. Rogues like Ellsworth Toohey in "The Fountainhead" would...
Health Care After 40 Years, No One Has Produced a Workable Single-Payer Health Care Plan Vermont passed single-payer legislation in...
Billionaire progressive activist and California gubernatorial candidate Tom Steyer recently remarked, "Health care companies only care about one...
wealth tax How the Billionaire Tax Could Make California Poorer One upcoming ballot measure would expand the state's taxing power....
Californians will face two competing tax measures this November. The first is the Billionaire Tax Act, a one-time, five percent levy on the...
Tariffs Trump's Approval Rating Is Cratering. Tariffs Are a Big Reason Why. They cost each American household roughly $1,000 in...
Business and Industry When Businesspeople Run Government, the Government Doesn't Become a Business Central planning from Commerce...
Retirement Trump's Government-Funded Retirement Plan Misses the Point The fiscal objection is serious. But the deeper problem is...
President Donald Trump and Congress want to help you increase your savings. And you should. At the household level, saving is the foundation of...
Inequality The Marriage Gap Is America's Most Overlooked Source of Inequality Every dollar of well-intentioned government...
The most consequential inequality in America is not the wealth gap or the wage gap. It may not be the racial opportunity gap. The marriage gap is...
Government Spending America's Debt Problem Is a Health Care Problem And the government's "solution" is making it worse. ...
America has a spending problem. It also has a healthcare problem. These are not two separate crises but rather the same crisis wearing different...
Taxes 'The Rich Don't Pay Their Fair Share' and 4 Other Tax Myths That Won't Die The United States has the most progressive...
Every April, Americans spend more than 7 billion hours filing taxes and roughly the same amount of time arguing over them, almost entirely on the...
Budget Trump's New Budget—Which Proposes $1.5 Trillion for Defense—Is Unserious. You Should Still Take It Seriously. It would...
Industrial Policy The World Bank Used To Champion Markets. Now It's Surrendering to State-Led Industrialization. The reversal...
Government Spending How Will Congress Fund a $300 Billion War With Iran? Lawmakers used to offset its emergency spending. They...
Whatever you think of the war in Iran, there's a separate question — independent of the military merits - that Congress must answer: How will...
Yesterday, the House Financial Services Committee's Subcommittee on National Security, Illicit Finance, and International Financial Institutions...
wealth tax California's Billionaire Tax Won't Save Hospitals The state's funding crisis is driven by a third-party payment system...
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