Biden Wants a Global Minimum Tax to Offset His Proposed Huge Corporate Tax Increase
In the classic 1939 film, The Roaring Twenties, a desperate James Cagney tells Priscilla Lane, “You want the Brooklyn Bridge, all you gotta do is ask for it. If I can’t buy it, I’ll steal it.” Like a desperate lovesick puppy
Vaccine Passports and Medical Paternalism
Vaccine passports have been implemented, or are being developed, in a number of countries around the world. In February 2021, Israel introduced its "Green Pass," which becomes "effective the week after receiving the second dose" of the vaccine and expires after six
Vaccine Passports Are Just a Way for the Regime to Expand Its Power
Advocates for vaccine passports are a bit like abusive husbands. They say they want to be nice to you. But you keep screwing up and refusing to take your vaccines. So now you're forcing them to keep you locked down
America’s Corporate Thought Police
In my column last week, I said that Senator Josh Hawley’s book The Tyranny of Big Tech raises important issues, and I’d like this week to go into one of these. He notes that Facebook, Amazon, Twitter, YouTube, and Google
Three Reasons Why the Biden Tax Increase Makes No Sense
Biden’s tax increase plan does not make sense from a growth, revenue, or deficit perspective, and it does virtually nothing to address the real problem: ballooning spending on programs like Social Security. Original Article: "Three Reasons Why the Biden Tax Increase
All you need to know about Vehicle Scrappage Policy
The demand for new vehicles is expected to go up with the introduction of the Vehicle Scrappage Policy. This policy will be a “win-win” step that helps to improve fuel efficiency and cuts out pollution, says Union Minister Nitin Gadkari.
What Happened When These “Neoliberal” European Countries Tried Low Taxes and Low Regulation
Democratic socialists frequently laud the Nordic countries as examples of the success of progressive taxation, generous welfare states, and powerful labor unions. Free marketers have responded by pointing out that not only did these countries get rich long before these policies
The US Government Is On Track to Top Last Year’s Record-Breaking Deficits
The Treasury department has issued its spending and revenue report for April 2021, and it’s clear the US government is headed toward another record-breaking year for deficits. According to the report, the US federal government collected $439.2 billion in revenue during
The Fed Embraces Its Inner Zimbabwean
With Jerome Powell and Janet Yellen focusing on using monetary policy to manage climate change, the M1 money supply has gone parabolic, from just over $4 trillion in February to $18.6 trillion in March. This is right out of Zimbabwe's
There’s No Reprieve in Sight from the “Monetary Repression Tax”
Who has heard of the monetary repression tax (MRT)? Very few, it seems, judging by the lack of popular anger. Yet revenues from this tax have swollen under the 2 percent inflation standard. They are now set to reach a new