taxation

In a desperate attempt to win votes in the upcoming presidential election in November, President Biden has transferred $153 billion in wealth from middle and lower income-earners to the rich.  How has he done that? Student loan…

Moore v. U.S. will decide if the federal government can tax unrealized capital gains not yet received under the 16th Amendment. The justices agreed to hear the Moores’ appeal as the couple wanted their $14,729 refund that the Ninth U.S.…

by Lawrence W. Reed   Ask most Americans where the slogan “No taxation without representation!” came from and the likely response will be “American colonists protesting against Britain in the 1760s.” But the spirit, if not the precise…

Ask most Americans where the slogan “No taxation without representation!” came from and the likely response will be “American colonists protesting against Britain in the 1760s.” But the spirit, if not the precise letter of the phrase,…

by Robert Alt   Who is authorized to tax the income of a commuter who doesn’t commute? This question—born of the pandemic and currently pending before the Supreme Court of Ohio—could be coming to a tax bill near you, and soon.…

I received an interesting follow up question from Heath B. He says, “This is a follow up question for the post you wrote about ‘Why Does the Federal Reserve Target 2% Inflation?’ Milton Friedman once stated that, ‘Inflation is taxation…

Updated May 11, 2022 12:01 am ET Eighth-grade…

Hospitals and lawmakers are pressing the Biden administration to review federal pandemic-relief programs that they say have distorted pay rates for travel nurses. Some hospitals are using federal Covid-19 relief funds to cover part of…

Trade figures to be the wildcard in the latest reading on U.S. economic growth amid strong demand for…

WASHINGTON—Rural Democrats issued a warning Thursday about the Biden administration’s plan to tax unrealized capital gains at death, saying they are worried about the potential impact on family farms. In a letter to…