Taxes and Spending

Now that they're already rich, the millionaires and billionaires who say "tax me more" are really just trying to become popular by imposing new, harsher rules of the game on everyone.

Mark Thornton reviews Alesina, Favero, and Giavazzi's book, which argues that austerity plans based on tax increases fare much worse than plans based on reducing expenditures.

Government policy encourages homeless people to congregate in public areas twice over: first, cities destroy access to very-low-cost housing. Second, city governments often refuse to enforce their own rules of public-space use. Tent cities result.

To borrow a line from Al Gore, this strikes me as a “risky scheme.” 

Beyond the usual arguments about incentives and taxes, UBI is a dangerous policy that supercharges the state and threatens to heighten tensions between different groups in society.

Beyond the usual arguments about incentives and taxes, a Universal Basic Income is a dangerous policy that supercharges the state and threatens to heighten tensions between different groups in society.

From crumbling public transport to rampant homelessness, progressive politicians are terrible at running the government once they are in power.

The tax-incentive deal Amazon had with New York was not a "subsidy" — in fact, Amazon pays enormous amounts of net taxes.

Bob Murphy discusses Krugman's shocking willingness to harm the country—as long as it denies Trump a political victory.

Compared to other types of universal healthcare systems, what we call "single-payer" healthcare is possibly the worst of all.