The big squeeze
In April, KSTP news reported that “Although abortion remains a top issue…the economy is the most important issue influencing voters in 2024.” It continues: “According to our new KSTP/ SurveyUSA…
In April, KSTP news reported that “Although abortion remains a top issue…the economy is the most important issue influencing voters in 2024.” It continues: “According to our new KSTP/ SurveyUSA…
As we close out another week of the trial in Minneapolis, prosecutors have featured many of the (alleged) ill-gotten gains of the free-food scheme. A survey of recent headlines: ‘The…
Over the weekend, the Senate pulled its support for ‘Worldwide Combined Reporting,’ a terrible idea that would have massively increased the cost of tax compliance for businesses and enforcement for…
Back in 2017 when she was Federal Reserve Chair, Janet Yellen said the following to what was then a $20 trillion national debt. I would simply say that I am…
On Friday, the Bureau of Labor Statistics (BLS) released data showing that the United States economy added 261,000 jobs in October. Some, such as Treasury Secretary Janet Yellen, saw this…
Something scary to think about this Halloween: according to data provided by the U.S. Department of the Treasury, the national debt has surpassed $31 trillion this month. Divided by the…
Seems to be the question on a lot of people’s minds. Earlier today, the Bureau of Economic Analysis (BEA) released GDP data for the second quarter of this year. And…
In March, I wrote that the so-called “COVID Relief Bill” could block Minnesota’s next governor and legislature from cutting taxes. In May, I followed up, writing that a federal court had…
The Biden Administration understands that high taxes drive out businesses into low taxed regions, hence the push for a global minimum corporate tax rate.
Back in March, I wrote that the so-called ‘COVID Relief Bill’ could block Minnesota’s next governor and legislature from cutting taxes: Senate amendments to the American Rescue Plan Act prohibit the use of any…
Lower tax rates incentivize economic activity and therefore expand the tax base. High tax rates do the opposite
The Congressional Budget Office's new Budget and Economic Outlook forecasts federal debt reaching nearly 100% of GDP by 2028. As Brian Riedl explains in an excellent commentary for the Manhattan Institute,…
Earlier this year I wrote a piece (Government, Not Wall Street, Caused Financial Crisis) that showed that the Trump administration was right to call the Dodd-Frank legislation passed in the…