While there’s no evidence that Albert Einstein uttered the quip long associated with him about compound returns as the “8th Wonder of the World,” it’s not unreasonable to imagine the genius wit…
Parkview Senior Fellow Jon Decker authored this letter to Colorado Governor Jared Polis. Dear Governor Polis, I am writing to express my deep concern regarding Senate Bill 25-086, “Concerning…
A federal tax levied on a New York City resident is a tax on a Floridian. The previous truth is rarely discussed by economists and pundits focused on Floridians who’ve escaped blue state taxes, but…
“Carried interest” is extraordinarily misleading. It implies a fixed and very certain income stream in the way that interest bearing accounts at banks do. Which is the problem. Carried interest is…
The biggest flaw in Washington policy makers and economists is not understanding predictable human behavior. We are not robots, and robotic economic formulas that fail to account for human…
“The federal government owns a little more than one-fourth of the total land area of the United States. The time is long overdue to consider whether that is the best economic arrangement.” Those are…
“Another bad decision is that I didn’t move any of my money from a traditional 401(k) to a Roth 401(k). Neither did my husband. So we have to take more withdrawals than we need right now and pay…
“We seem to be having an arms race. It’s emblematic of the complete breakdown of any kind of responsibility about the budget.” Cal-Berkeley economist Alan Auerbach said the latter in a recent Wall…
It wasn’t long after Donald Trump’s recent proposal to reverse his $10,000 cap on the State and Local Tax deduction (otherwise known as SALT) that critics on his right flank criticized the move.…
With the exception of government, there’s no such thing as “hidden wealth,” but there is wealth preservation and expansion when the long fingers of government don’t find their way into our pockets.
Consumption is once again a consequence of reducing the tax burden on those (the rich) most penalized by taxes. No serious supply-sider would disagree with what’s just been said, which is why it’s…
In their efforts to fight off what they allege are “woke” business practices inside banks, Texas Republicans have taken to harassing financial institutions in a fashion long associated with “woke.”
In a recent column, the Washington Post’s Glenn Kessler acknowledged that the 400 richest taxpayers hand over more to the federal government each year than the bottom 70 percent of earners combined.…
In short, California already has a wealth tax whereby it arrogates to itself far too much of the fruits of rich people and rich company production. There’s the cause of the debt. Simple stuff.
Increasingly work is joy, and a reflection of unique intelligence. People are saving less because they don’t in any way regard 65 as the endpoint of work.
That the rich account for the vast majority of federal revenues is a logical and empirical reality. It’s a sad reality too, and it’s one that is felt most by those not rich.
Every dollar the federal government taxes or borrows away is an extra dollar of control that Congress has over the economy. This is why Republicans should cheer any uncapping of the SALT deduction.…
My first job out of law school was for Joe Stettinius. If you recognize that name, his father was Secretary of State under FDR. Joe gave me authority over a line of credit and a check book and told…
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