The Real Economic Catastrophe Will Be Caused by the U.S. Debt
Should we blame Biden and the politicians applauding him for their unwillingness to address our looming fiscal disaster?
Billionaires
The National Debt Is Now So High That Every American Essentially Owes $100,000
We could grow our way out of our debt burden if politicians would limit spending increases to just below America's average yearly economic growth. But they won't even do that.
Phil Magness: Who Really Pays the Most Taxes?
Economist and author Phil Magness debunks a recent New York Times piece and shoddy academic work about the rich and their taxes.
Poll: A Majority of Las Vegas Voters Don't Want To Pay for Athletics' New Stadium
The team's owner, John Fisher, may have overestimated Las Vegas residents' enthusiasm for a new baseball team.
Taxpayers Refuse To Pay New Stadium Expenses for Billionaire Sports Owners
Jackson County, Missouri, voted not to extend a sales tax that would have benefited the Chiefs and the Royals.
Taxpayers Will Soon Find Out if They'll Have To Finance Fancy Stadiums for the Chiefs and the Royals
Jackson County, Missouri, residents should not be billed for the undertakings of private businesses.
Tax Us, Daddy?
Plus: Polycules go mainstream, DeSantis pulls out, tackle football lives on, and more...
Social Security and Medicare Are Ticking Time Bombs
Even taking all the money from every billionaire wouldn't cover our coming bankruptcy.
Marc Andreessen on A.I., Bitcoin, and Billionaires
Is the A.I. breakthrough for real this time?
Wealth Taxes Result in Rich People Fleeing, Turns Out
Norway hiked its wealth tax. A bunch of rich people got the hell out.
Is Clarence Thomas Ethically Challenged?
Plus: What the editors hate most about the IRS and tax day
Review: The Clumsy Anti-Muskism of Glass Onion
Hating tech billionaires is The Current Thing.
Biden's Terrible Billionaire Tax
By raising the effective tax rate on capital gains, the proposal would reduce U.S. saving, discourage entrepreneurship, and decrease economic output.
Republicans and Democrats Face Impasse Over Cutting Spending Versus Raising Taxes
Plus: Court denies motion to suppress January 6 geofence warrant, Texas may ban some immigrants from buying property, and more...
Charity and Capitalism Are Better Than Government
When I was young, I assumed government would lift people out of poverty. But those policies often do more harm than good.
We Are Going to the Moon
Thanks to the rise of private spaceflight companies, mankind will have a future off-Earth.
Bernie Sanders Is Wrong About the American 'Oligarchs'
"Multi-billionaires like Elon Musk, Jeff Bezos, Richard Branson are off taking joyrides on their rocket ships to outer space. They are buying $500 million superyachts."
A Reality Check on Coronavirus, Congress, and Elon Musk's Taxes
Time to stop pretending
