Economic Commentary - The New American

Why Aren’t Gas Prices Lower?

With all of the increased production, why haven’t gasoline prices dropped even further? Perhaps a better question to ask is: Why aren’t American...

Bob Adelmann August 29, 2014

Article in CFR Magazine: Give Away Money to Stimulate Economy

Bob Adelmann August 28, 2014

These two authors of the recent article on the economy in Foreign Affairs magazine suffer from a complete disconnect from the real world....

New York Times Calls Out City’s Pension System

Bob Adelmann August 4, 2014

The math is inevitable when it comes to New York City's pension system: Promises won't be kept, and taxes will increase. ...

Obama’s Part-time Nation

Ralph R. Reiland July 30, 2014

More and more Americans are working part-time, including many who desire a full-time jobs. But ignoring the difference between part-time and full-time employment,...

Taxpayers On the Hook for New 49ers Stadium in Santa Clara

Bob Adelmann July 21, 2014

The new Levi's Stadium could turn out to be the biggest municipal financing catastrophe in history. ...

Why Not Five Percent?

Laurence M. Vance July 14, 2014

Representative David Jolly (R-Fla.) has proposed an “Alternative Maximum Tax” limiting any non-corporate taxpayer’s total tax payment — including federal, state, and local...

Texas Beats California: No Income Tax, Booming Economy, Friendly Folks

Bob Adelmann July 8, 2014

When comparing Texas and California to decide where to locate a company or family, in just about every category the advantage goes to...

Medtronic Announces Massive Deal to Lower Corporate Taxes

Bob Adelmann June 18, 2014

One of the largest "tax inversion" deals was announced earlier this week, reflecting continued disgust with U.S. corporate tax rates, the highest in...

GM Bailout Cost Taxpayers Far More Than Just $11 Billion

Bob Adelmann May 2, 2014

The GM bailout debacle cost taxpayers far more than $11 billion, as was reported by the Detroit Free Press. ...

How Much Is $1 Trillion — Besides Half the Federal Regulatory Cost?

Bob Adelmann May 1, 2014

Wayne Crews, author of the Competitive Enterprise Institute’s annual report on the federal regulatory burden, has a problem: No one can imagine a...

Taxes: Are the Poor Paying Their “Fair Share”?

Laurence M. Vance April 14, 2014

Contrary to the claim that “the rich” aren’t paying their “fair share” of taxes, the IRS says that about half of Americans —...

Bill Would Label Bitcoin “Currency” Rather Than “Property”

Melvin Davila Martinez April 9, 2014

Rep. Steve Stockman (R-Texas) has proposed bill to ensure that virtual currencies are treated as currency for tax purposes, which would reverse the...