Taxes and Spending

Will Biden/Harris be a transformative administration?

In case you doubted that California's politicians are firmly committed to ever-higher levels of taxation, California is now trying to retroactively impose sales taxes on out-of-state retailers going as far back as 2012.

In case you doubted that California's politicians are firmly committed to ever-higher levels of taxation, California is now trying to retroactively impose sales taxes on out-of-state retailers going as far back as 2012.

Deficits still matter, largely because they require monetary policies that lead to bubbles, inequality, and the slow Japanization of the US economy. 

There are ominous signs on the horizon that governments want to move toward mandating "socially responsible investing" for pensions and fund managers. This is a terrible idea, to say the least. 

Deficits still matter, largely because they require monetary policies that lead to bubbles, inequality, and the slow Japanization of the US economy. 

There are ominous signs on the horizon that governments want to move toward mandating "socially responsible investing" for pensions and fund managers. This is a terrible idea, to say the least. 

Jeff Deist calls in to A Neighbor's Choice to comment of the covid stimulus bill, the possibility of inflation, and the positive things we can look forward to during this Christmas season.

Financial engineering doesn’t create any real wealth.

Emerging market debt-to-GDP hit nearly 250 percent in the third quarter, with China reaching 335 percent, and for the year the ratio is expected to reach about 365 percent of global GDP.