Taxation

California Wealth Tax Sets Up Interesting Showdown

California Wealth Tax

California state legislators have picked up the ball from radical federal Democrats and are getting ready to propose a wealth tax of their own. This will be an interesting experiment. With the real prospect of a federal wealth tax of some degree on the horizon, should the Democrats gain enough power in the upcoming election […]

Joe Biden Chomping at the Bit to Raise Corporate Taxes

Joe Biden

Presidential candidate Joe Biden’s enthusiasm for raising taxes may court favor with a lot of the electorate, but it’s only because few people know the real consequences of this. With all the things that we teach kids in school, there definitely needs to be more focus on economics. We’re not talking about teaching them all […]

Ultra-Wealthy Allegedly Pay Below Average Tax Rate

Ultra Wealthy

Two economists who advise presidential candidates Elizabeth Warren and Bernie Sanders say that the 400 wealthiest families pay a lower tax rate than the middle class. It seems that it isn’t just politicians that have axes to grind, as we now have a report out there from a couple of politically motivated economists that is […]

The True Costs and Benefits of Carbon Taxes

Carbon Taxes

Carbon taxes and other measures designed to try to reduce our carbon emissions are seen by a great many people as essential these days. They need to think this through more. We’ve seen a lot of what we could call anti-carbon parades this week, with the focus on what we can do and may need […]