US exporting Coal To China! China’s import ban on Australian coal is proving a boon to U.S. producers but should …
IRS changes mind after good kicking from conservative law makers
IRS changes course after Sen. Lee and Rep. Owens of Utah send letter on religious liberty After a June letter to …
These 9 States Are Cutting Income Taxes to Boost Their Recovery
Forget “stimulus” spending, these states are showing us a way local governments can actually boost their economies. Finally, some good …
Tax Migration – Where’s Your State?
By Dan Mitchell The bad news is that federalism has declined in the United States as politicians in Washington have expanded the size and scope …
Inflation up almost 5 percent past 12 months amid torrent of spending and weakening dollar. Is the economy overheating?
By Robert Romano Inflation is up 4.92 percent the past 12 months as of May, the most since July 2008’s 5.5 percent, according to data …
FAN!
When a seven-time Super Bowl champion is hopping on the crypto train, it’s probably a good bet. We can now …
Here Are the 10 States Where Residents Pay the Highest Lifetime Taxes
The numbers vary wildly from state to state—including a few states that will surprise you. In the mood for a …
The Tax Poem
Tax his land, Tax his bed, Tax the table,At which he’s fed.Tax his tractor, Tax his mule, Teach him taxesAre …
Are Tax Increases Popular?
by Dan Mitchell Tax increases are bad fiscal policy, but that doesn’t necessarily mean that they are politically unpopular. Indeed, many voices in …
LOL! Hackers with a Conscience – that’s a First!
LOL! The group behind the ransomware that took down Colonial Pipeline late last week has apologized for the “social consequences,” claiming that its goal …
A Practical Reason to Oppose Wealth Taxation
by Dan Mitchell As an economist, I strongly oppose the wealth tax (as well as other forms of double taxation) because it’s foolish to …
These States Will Pay You to Move. Does That Strategy Make Sense?
This year, state relocation incentives are striking closer to home. Once the near-exclusive domain of economic development offices seeking to …
The Price Of Plywood Is Absolutely Ridiculous – But It Is Also A Sign Of The Times
Would you pay $100 for a sheet of plywood? I know that sounds absolutely crazy, but we are almost there. …
Laughing about Taxes and the IRS
Just like last year, April 15 isn’t the official deadline this year for filing your annual tax return. But we’re …
Biden Is Covering Up True Price Tag of Infrastructure Plan, Experts Warn
President Biden’s just-released infrastructure proposal takes a “go big or go home” approach. Its various provisions have been tallied at …
Crypto Currency and NFTs: The Market Yet Again Says Digital Property Is Property
Get a load of this harmonic convergence example of modern market forces at work…. Beeple’s $69 Million NFT Art Sold …
VIDEO: Revenge on Phone Scammers
Take a look at this video of Mark Rober getting revenge on phone scammers who are defrauding vulnerable seniors out …
Ouch! What Harris/Biden’s Corporate Tax Increase Means for American Competitiveness
by Dan Mitchell Thanks to globalization (as opposed to globalism), jobs and investment are now very mobile. This means the costs of bad policy …
The United Nations and Global Taxation
by Dan Mitchell Last summer, I provided testimony to the United Nations’ High-Level Panel on Financial Accountability Transparency & Integrity. I touched on many …
Why Guru Jeremy Grantham Says the Next Crash Will Rival 1929, 2000
Jeremy Grantham, co-founder and chief investment strategist of Boston’s GMO, believes U.S. stocks have become an epic bubble and will …
The GameStop vs Hedge Funds Play Explained
In case you missed this story, which would be difficult as it is all over everything, the Little Guy took …
Why Care About Identity Theft? Here’s why!
This video shows what happens when someone learns the hard way why she should care about her identity. Transcript: Lynn …
Economic Policy: Blue States vs. Red States
by Dan Mitchell I’ve written favorably about the pro-growth policies of low-tax states such as Texas, Florida, and Tennessee, while criticizing the anti-growth policies …
Thomas Sowell on AOC
What’s truly astonishing here is that AOC has been awarded an Economics degree. Alexandria Ocasio Cortez is a perfect representation …
The Most Important Ballot Initiative of 2020 is probably not what you’re thinking
By Dan Mitchell. On election day, most people focus on the big-ticket partisan battles, such as this year’s contest between Trump and Biden. …
Ever wondered how lower tax rates generate more tax? Let Fiscal Libertarian & Nobel Prize winner Milton Friedman Explain!
by Dan Mitchell Yesterday’s column featured some of Milton Friedman’s wisdom from 50 years ago on how a high level of societal capital (work ethic, …
The Case for Capitalism, Part III
By Dan Mitchell Part I of this series featured Dan Hannan explaining how the emergence of capitalism led to mass prosperity, while Part …
Principles of Taxation
by Dan Mitchell Two weeks ago, I shared some video from a presentation to the New Economic School of Georgia (the …
A Primer on the Laffer Curve
by Dan Mitchell Last week, I gave a presentation on the Laffer Curve to a seminar organized by the New Economic School in …
Joe Biden’s sweetheart deal with China to put Chinese companies on U.S. exchanges a ticking time bomb for investors
By Catherine Mortensen The Trump administration is threatening to reverse a sweetheart deal former Vice President Joe Biden orchestrated giving Chinese companies access …