The IRS Isn’t Going Away, and This is How We Know
As the 2024 campaign neared its end, candidate Donald Trump began promising that, if elected, he would support the elimination of income taxes. Shortly after he was sworn in, Trump then began saying he planned to abolish the Internal Revenue Service. The Trump team claimed in each case that it could raise enough tax revenue from tariffs to replace tax revenue from income taxes.
The Virus Era: A Time of Both Madness and Silliness
At some point in the early days of the “Virus Era”—my term for the multi-year debacle that we endured from early 2020 through some point in 2023 or 2024—I decided to archive email exchanges with a few friends about this peculiar time in our country’s history.
Is Foreign Investment Bad for Our Economy?
No White House in my lifetime has been a fount of economic wisdom, and the Donald Trump 2.0 version is taking its place in the Pantheon of economic illiteracy.
There’s Only One Possible Cause of the Next Recession, and It Isn’t Tariffs
Trump’s Tariffs: Triffin Is Wrong, Ron Paul Is Right
Liberation or Obliteration?
President Trump was elected in part because he promised to reduce prices and not drag the country into foreign wars. Sadly, President Trump has adopted a tariff policy that will raise prices and abandoned his “America First” foreign policy in favor of a return to Bush-era neoconservatism.