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 motorists paying more for gasoline than they are?...
Economic Commentary
Article in CFR Magazine: Give Away Money to Stimulate Economy
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
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
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, the administrations is boasting about businesses hiring at...
Taxpayers On the Hook for New 49ers Stadium in Santa Clara
The new Levi's Stadium could turn out to be the biggest municipal financing catastrophe in history. ...
Why Not Five Percent?
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 taxes — to 50 percent of adjusted gross...
Texas Beats California: No Income Tax, Booming Economy, Friendly Folks
When comparing Texas and California to decide where to locate a company or family, in just about every category the advantage goes to Texas. ...
Medtronic Announces Massive Deal to Lower Corporate Taxes
One of the largest "tax inversion" deals was announced earlier this week, reflecting continued disgust with U.S. corporate tax rates, the highest in the world. ...
GM Bailout Cost Taxpayers Far More Than Just $11 Billion
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?
Wayne Crews, author of the Competitive Enterprise Institute’s annual report on the federal regulatory burden, has a problem: No one can imagine a trillion dollars — much less $2 trillion. ...
Taxes: Are the Poor Paying Their “Fair Share”?
Contrary to the claim that “the rich” aren’t paying their “fair share” of taxes, the IRS says that about half of Americans — that is, the poor — pay no income...
Bill Would Label Bitcoin “Currency” Rather Than “Property”
Rep. Steve Stockman (R-Texas) has proposed bill to ensure that virtual currencies are treated as currency for tax purposes, which would reverse the IRS ruling that Bitcoin will be taxed, retroactively,...
2008 Fed Transcripts Show Experts Clueless, Confused
The recently released transcripts of 14 Fed meetings of 2008 show Fed officials were clueless and unaware of the imminent recession. ...
British Think Tank Predicts Financial Catastrophe for United States
Another wake-up call on America's fiscal problems, this time from a British think tank. ...
Trader Joe’s Need Not Apply: Would Attract Too Many Whites
When the oppressed keep out the non-oppressed and keep their neighborhood depressed, who are the real oppressors? ...