Income Distribution and Inequality
“Invariably, however, the proposed solution to any form of income inequality has been an indiscriminate and highly punitive progressive tax on all income and wealth, regardless of how it was earned.” ~ Robert F. Mulligan
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Windfall Profits Tax Redux
“Government intervention like windfall profits taxes keeps market participants, both producers and consumers, from acting to moderate extreme price changes on either the supply or the demand sides. It’s a proven strategy for making a bad situation worse.” ~ Robert F. Mulligan
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Biden’s Billionaire Tax Proposal
“The proposal just gives more ammunition to the extreme left in the Democratic Party—Elizabeth Warren, Bernie Sanders, Alexandria Ocasio-Cortez, and their allies.” ~ Randall G. Holcombe
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As Fred Smith Steps Down as FedEx CEO, President Biden Steps In It
“Against the longest of odds, billionaires rush a much better future into the present to all of our betterment. Fred Smith’s amazing accomplishments vivify this truth.” ~ John Tamny
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Taxes and State Competitiveness
“Politicians in New York must be upset that there’s no way for them to drop lower than #50. But at least they can take comfort in the fact that they are worse than California.” ~ Daniel J. Mitchell
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New Research Rejects Piketty and Saez’s Rewrite of Economic History
“This development is significant because prominent policymakers rely on Piketty and Saez’s research to justify tax increases. These revisions must be taken into account by policymakers seeking to reduce inequality via tax policy.” ~ Amelia Janaskie & David Waugh
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Funding Obsolete Transportation
“Transit subsidies make no more sense than subsidies to manual typewriters, rotary telephones, or steam locomotives. Designing transportation systems based on how people actually travel can make those systems safe, environmentally sensitive, resilient, and efficient.” ~ Randal O’Toole
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Elon Musk’s Big Giant Enormous Tax Bill
“Democratic proposals generally involve making the tax code even more complicated, with the Alternative Minimum Tax applying to increasing numbers of taxpayers, and increasing the demand for tax-planning.” ~ Clifford F. Thies
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The Live Free or Die State Points the Way to Low Taxes and Freedom
“If you dream of a world where Congress respects your rights more than they covet campaign contributions from crony interests, the Congressional Apportionment Amendment would go a long way to restoring the Founder’s vision of a republic that guarantees individual rights.” ~ Barry Brownstein
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A U.S. Wealth Tax Would Force Wealth Out of the U.S.
“Since no other developed country taxes wealth in the aggressive way that the Democrats are proposing, passage of their proposed tax would result in a massive flight of human and financial capital out of the United States.” ~ John Tamny
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FNB’s Shameful Public Purse Raid
“That big bankers and their government toadies continue to play the public for suckers is abhorrent. That’s especially true as, on one hand, they tout all the ‘public benefits’ of their projects as their other hand turns out taxpayer pockets.” ~ Colin McNickle
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President Biden Is the Latest to Promote the Fib That Corporations Pay No Taxes
“So long as the tax code penalizes work and investment, corporate taxes will be enormously high. Call them what they are: taxes on individual earnings that harm the individual, and that by extension harm the corporations that operate within what we call an ‘economy.'” ~ John Tamny
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