The Destructive Effects of Outrageous Taxation
Taxes, a recent report confirmed, have become the biggest bill for the average American, says the Committee to Unleash Prosperity. This was illustrated by a recent online chart.
The Injustice of Capital Gains
Taxation aimed at generating revenue for the state very often produces unintended negative consequences by altering the economic incentives of individuals and businesses. When governments levy or increase taxes on income, investment, or goods, they create deadweight loss—reducing the overall economic efficiency and volume of transactions that would otherwise occur naturally.
Equality Before the Law Does Not Mean Equality of Subjective Feelings
Libertarian Realism as Foreign Policy
The Invisible Heroes of Our Tradition
On August 3, 1940, a mere six months into World War II, Ludwig von Mises arrived with his wife in New York City.
The fifty-eight-year-old Austrian economist had narrowly escaped Europe as the continent was engulfed by war. Because air travel was not an option amid the escalating fighting, the couple had to cross by bus from their home in Geneva, Switzerland, across southern France, into Spain, and eventually to a port in Portugal, where a ship would take them across the Atlantic.
What Do Marines Fight For?
September Jobs Report Shows Continued Employment Weakness
On Friday, the Bureau of Labor Statistics released its September employment report, and it’s clear that the overall job market is anemic, at best. In September, total payroll job growth totaled 29,000, well below expectations, and a very small number as far as job growth goes. This contradicts the administration’s narrative that job growth is resilient or “bouncing back” or otherwise a sign of a strong economy.
Trump’s Other War
As the midterm election draws near, a number of Republicans in tough races are distancing themselves from President Trump’s war. The war is unpopular because it has inflicted economic pain on the already-suffering American people.
No, I am not talking about the Iran War. I am talking about President Trump’s tariff war.
The Tax Foundation estimates that, since he returned to the White House, President Trump has imposed tariffs on about 54 percent of imported goods.
