Since the start of the novel coronavirus, COVID-19, pandemic, the United States federal government has allocated $1 trillion through administrative actions, $4.1 trillion through legislative…
Posts published in “Taxes”
If Democrats pass legislation forgiving loans, the move might be popular with their educated progressive base, yet unpopular with many working-class voters. Student debt is…
Entrepreneurs create wealth, something supported by data globally (particularly in emerging markets). Having an idea, either an innovation to an existing product or the creation…
The emergency aid was $2 trillion dollars. “We had to pass it.” It was named the CARES Act, Coronavirus Aid, Relief, and Economic Security Act.…
What we are witnessing in political debates about wealth is also an intergenerational dispute. Older Americans, who are living longer and working longer than ever…
Elizabeth Warren and Bernie Sanders promise that a (likely unconstitutional) wealth tax will allow the United States to pay for all sorts of new and…
Bernie Sanders suggests billionaires should not exist. Elizabeth Warren comes close. Both of their wealth tax plans would eventually stop collecting money or at least stop…