Joe Biden, members of his administration, and congressional Democrats lied to you.
Taxing regular cigarettes and reduced-risk products such as e-cigarettes at the same rate serves neither public health nor the government’s bottom line.
The tax benefit for the rich comes mostly from the Democrats’ proposal to raise the cap on the deduction for state and local taxes.
Biden has repeatedly claimed his plans would not raise taxes on anybody making under $400,000. A new analysis finds his signature Build Back Better plan would do just that.
Somehow I don’t think that Larry Summers is expecting the Twenties to roar very loudly.
Virginia’s new governor-elect can make the state’s tax system more friendly to ordinary taxpayers without picking politically damaging partisan fights.
It turns out that social infrastructure is a massive tax cut for affluent suburbanites in New York, California, Hawaii, Vermont, and around Chicago.
Restoring the deduction is a tax cut predominantly for the rich.
The week of October 25: chaos, energy, inflation, taxation, stagflation, and much, much more (little of it good).
Democrats are saying better tax enforcement would raise $400 billion, after previously throwing around $700 billion and possibly $1 trillion.