AEI’s incomparable Karlyn Bowman has produced a fascinating study that tracks public opinion on taxes. It represents “the most comprehensive collection of polls ever compiled on the subject of taxes” and includes encouraging news for people on both sides of the taxes and spending divide. Americans don’t think anyone should pay more than 25 percent of their total income in taxes (as if) and favor lower taxes and smaller government. BUT when asked whether they would be willing to pay more in taxes to keep up current spending in specified areas, the answer is a resounding “yes.” People are apparently willing to pay more in taxes to maintain current spending on everything from education (big yes!) and social security to roads, bridges and hurricane relief. The single item that gets a thumbs down is “Iraq Reconstruction” (only 19%). It’s tough to reconcile this enthusiasm for government programs with the polls that show large majorities thinking the federal government wastes a huge amount of tax dollars. All in all, people think the amount of federal taxes they will pay this year is fair and are bothered more by local property taxes than the federal take. Polls last year and early this year find Democrats are viewed as better than Republicans on the tax issue – by a wide margin.
The Wall Street Journal has a story today about the ties between President Trump's trade adviser, Peter Navarro, and the biggest steel company in the U.S. -- Nucor Corp. It is particularly interesting in light of the stiff steel tariffs successfully pushed by Navarro, which he championed ever since he joined the ... Read More
One of the biggest intellectual jousting matches last year was between Duke history professor Nancy MacLean, who wrote a slimy, dishonest book about Nobel Prize–winning economist James Buchanan and the whole limited-government movement, and the many scholars who blasted holes in it. If it had been a boxing ... Read More
With the Illinois primary elections mere days away, incumbent GOP governor Bruce Rauner is still slinging attacks at primary challenger Jeanne Ives. The governor’s latest ad has been denounced as inaccurate by several local political analysts. Among other charges, Rauner’s ad claims that Ives is a ... Read More
In the New York Post, Betsy McCaughey says the steel and aluminum tariffs have come under “an avalanche of false criticism.” Let’s check out her arguments one by one, in order. National security I McCaughey writes, Tariff-bashers claim in war, the United States could rely on foreign suppliers. ... Read More
Matt Drudge, the influential founder of the news-aggregating website the Drudge Report, threw more fuel on the fire of a growing feud with Twitter Thursday. "Move over, Twitter," Drudge tweeted along with a graph ranking the top external referrers on the Internet. Move over, Twitter! ... Read More
The Senate on Wednesday passed a bill that would roll back parts of Dodd-Frank. The vote was 67–31, with 17 members of the Democratic caucus breaking party lines. If the legislation passes the House and is signed, it will be the largest change to the controversial financial-reform package since it became law in ... Read More
At the height of the influx of refugees into Germany in 2015–17, there was little doubt that mixed among the worthy cases were economic migrants taking advantage of the chaos to seek their fortunes in Europe. Perhaps out of instinctive pro-immigrant sentiment, Germany’s Left obscured the difference. Its ... Read More