tax burden

Who Pays Wealth Tax: The Rich or the Poor?

Blog2 hours ago

Spain's government is attempting to levy a wealth tax ostensibly to be "in solidarity with the poor." Because wealth taxes ultimately help lower real wages, there will be more poor people to share in the "solidarity."

hovering

Want to Protect Children? Don't Embrace "Safetyism"

Blog3 hours ago

No one seems to support "safetyism," or "helicopter parenting," yet Americans seem obsessed with keeping their children "safe" at all costs. It is not good for children—or their parents.

England vs. the Price System

4 hours agoMises Daily Articles

The whole system of priorities, allocations, quotas, and licenses causes endless delays, keeps efficient concerns from expanding, and keeps inefficient concerns in business.

Money-Supply Growth in October Fell to a 39-Month Low. A Recession Is Now Almost Guaranteed.

Blog11/29/2022

Money-supply growth slowed even more in October, and is now back to levels we last saw during the repo liquidity crunch of 2019, and in the days right before the 2007–09 recession. 

Money Laundering: Another Noncrime Pursued by Criminal Authorities

Blog11/29/2022

Money laundering is illegal in the USA, but like so many other federal crimes, it is difficult to identify and define. That is the perfect recipe for government abuse of innocent people.

As Easy Money Crashes, the Political and Legal Effects Appear

Blog11/29/2022

As inflation ravages the economy, easy money is disappearing, with political and legal consequences to follow.

Private Coinage

11/29/2022Mises Daily Articles

"It is surely folly to say that government must socialize all property in order to prevent anyone from stealing property. Yet the reasoning behind abolition of private coinage is the same."

The Reichsbank: Germany's Central Bank Lays Foundation of Monetary Disaster

Blog11/28/2022

Long before there was the infamous German inflation of 1923, the Reichsbank created the scenario of monetary debasement.

Taxing the Wealthy: A Tale of Two State Propositions

Blog11/28/2022

Massachusetts voters approved yet another tax hike for high-income residents, while California voters rejected a similar proposition. The current tax fever does not bode well for economic growth.

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