taxes
Tax the rich all you want. It won’t fix the deficit.
Wherever you look in American politics right now, you'll find legislators saying the government still doesn't tax enough—especially when it comes to the wealthy. California progressives are pursuing a wealth tax on…
Billionaire tax would cost California $25 billion in revenue
In November, Californians will consider a ballot measure to implement a 5 percent wealth tax on billionaires, which proponents say will generate $100 billion in revenue. It turns out the tax would probably cost the Golden…
Undercover | Power Line
We have been following the progress of the proposed tax on the wealth of billionaires that theatens to make its way onto the ballot in Callifornia this November. It represents a bald form of “the danger of democratic theft”…
The tax loophole that made U.S. health care unaffordable
America's health care system consistently ranks as the most expensive in the developed world. It's not, as some politicians claim, expensive because markets have failed. It's expensive because the market has…
Small businesses still waiting for refunds after SCOTUS strikes down Trump tariffs
After being charged billions of dollars under President Donald Trump's unlawful tariff scheme, American business owners are now facing the prospect of a lengthy, costly process to obtain refunds—payments that some expect…
Talking about taxes | Power Line
In 2005 Karl Zinsmeister was editor of the American Enterprise — the monthly publication of the American Enterprise Institute — when he invited John and me to write a historical essay on income taxes that would be included in…
Feel the Bern (in the Times)
Through the work of Pirate Wires we have drawn attention to the progress of the possible billionaire tax that threatens to make its way on to the ballot in California. It is responsible for the escape of some megasuccessful…
Brickbat: Going Dutch
The Netherlands House of Representatives has approved a bill that would tax unrealized gains on stocks, bonds, and cryptocurrency. Under the new plan, starting January 1, 2028, Dutch taxpayers must pay 36 percent of profits…
This taxation is looking a lot like theft
There is a word to describe the illegal taking of money or property, followed by a refusal to return the stolen goods. Theft. Now, as a libertarian, I am effectively obligated to remind you here that, yes, all taxation is…
Los Angeles’ ‘mansion tax’ is worsening the city’s housing crisis
I sometimes prattle about a proverbial $1 million tax on poodles as a way to illustrate the counterproductive nature of many tax proposals. This is an ideal analogy for Los Angeles' Measure ULA, the "mansion…
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