Sunday, May 5th, 2019

The prospect that the US president would conclude that tariffs cause growth has always been the downside of good economic numbers. Good performance of the macroeconomy only encourages his worst instincts to impose more harmful trade policies.

Monday, April 29th, 2019

Unfortunately, these foolish mistakes will be made on the back of smokers who may get to switch away from tobacco.

Wednesday, April 24th, 2019

Taken together, the top quintile of earners, representing 53 percent of total income, paid 70 percent of all federal taxes, or 17 percentage points above their fair share.

Friday, March 8th, 2019

We ought to attack the true root cause of inequality — that is, rent-seeking. This is far more productive than redistributing the rents that the rent-seekers captured.

Friday, February 15th, 2019

There is never any good reason for government to subsidize a private company. Such handouts are appalling in their cronyism, in addition to being a sign of economic ignorance.

Thursday, February 14th, 2019

Income tax history provides many lessons on both the effects and perils of high rates.

Friday, February 1st, 2019

The problem is not a single program or regulation. It’s the complete paradigm of a state that knows no limits to its power. That paradigm has gradually faded. Another will take its place. 

Thursday, January 31st, 2019

Given the high levels of uncertainty surrounding inequality measurement and ongoing improvements to each technique, common sense should caution us against adopting a sweeping tax code overhaul based on such an ambiguous and disputed statistical record.

Friday, January 18th, 2019

Carbon taxes may sound like an efficiency improvement in the abstract, but their political implementation is a mess.

Thursday, January 17th, 2019

Often firms that receive these targeted incentives are subject to little or no accountability, and they rarely create the number of jobs or the hourly wage rates they promise.

Friday, January 11th, 2019

The Democrats who just took control of the House of Representatives have already implemented changes to House rules so that if they decide to act on Ocasio-Cortez’s idea to jack up the top marginal tax rate to 70 percent, no procedural obstructions will block their way.

Friday, January 11th, 2019

While people in France and Austria might not be completely aware that this added tax will actually hurt them in the long run, authorities in those two countries should be reminded that the digital tax is nothing but an additional burden on the consumer; pretending the plan is about fairness will not fly.

Tuesday, January 8th, 2019

The collapse in confidence in government from 77% to 18% is one of the most striking changes in public philosophy of the last half century. To proceed as if this means nothing represents astonishing ideological blindness.

Monday, January 7th, 2019

The historical narrative we've been hearing is both simplistic and wrong. It relies upon a confusion between the statutory tax rate (i.e., the number that’s on the statute books) and the effective tax rate (i.e., the percentage of income that people actually pay once exemptions, deductions, and other tax-code incentives are accounted for).

Friday, December 21st, 2018

The GoFundMe campaign for the wall illustrates both the possibilities and the limitations of relying on voluntary revenue collection. Private efforts might be able to collect the money they need, but they will not and should not obtain the powers that government possesses to take away the people’s liberty and property.

Thursday, December 6th, 2018

Regulatory uncertainty is one of the major risks facing the blockchain industry as it matures. Ohio’s courting of the industry throughout 2018 may have value beyond a handful of overblown headlines.

Monday, December 3rd, 2018

For two weeks in France, and now Belgium and the Netherlands, a European Spring has been building. What we see in Paris today might be the end of social democracy as we know it, and what comes in its place is what the battle of ideas today is really about.

Monday, November 26th, 2018

Politicians and activists who blithely maintain that public support for lofty climate change projects is both bottomless and selfless are either obtuse or tacitly agitating for tyranny.

Tuesday, November 20th, 2018

Amazon's highly coveted HQ2 is probably a good deal for company and cities alike, but for the rest of us, it’s just another frustrating example of what happens when big business and big government join hands.

Monday, October 1st, 2018

How many times have you had to hold your nose when voting for a candidate because you hate their views on some issues but agree with them on issues you find more important? This is the familiar problem of bundling.