Tariff Increases vs. Tax Cuts
The media is spinning the story as a political hot potato: can tariff increases make up for the future revenue losses from extending the income tax reductions from President Trump’s first term?
The media is spinning the story as a political hot potato: can tariff increases make up for the future revenue losses from extending the income tax reductions from President Trump’s first term?
"The percentage of Americans who have confidence in higher ed has dropped from 65% a decade ago to the low 30s today."
"The government has been throwing money at higher education, and the response has been that a lot more people are going to college that otherwise may have found other pathways."
While state power has smothered French society for more than four centuries, the problem is becoming worse, as the government deliberately undercuts the market economy to “fight climate change.” The French will have neither cooler temperatures nor prosperity.
President Trump is levying high tariffs without consent of Congress, despite the fact that the US Constitution gives only Congress the power to set tax rates. It is time for Congress to stop redelegating its lawfully-delegated powers.
In a post-Cold War world, there is an opportunity to find useful insights among even the New Right that Rothbard loathed. James Burnham‘s The Managerial Revolution produced important points about the relationship of government and business.
Whatever the case, what the Decoupling America’s Artificial Intelligence Capabilities from China Act translates to is another example of an egregious overstep in government authority.
In a bold and transformative move, President Donald Trump announced his administration’s intention to downsize the federal government by offering compensation to federal workers who voluntarily resign.
As Elon Musk takes on federal agencies, the Washington establishment is trying to frame him as an unelected plutocrat using government to help himself and other rich people at the expense of the poor. But these labels apply much more accurately to the establishment itself.
A common refrain among college fans is, "The Transfer Portal and NIL are ruining college sports." But are they? Before we can answer that question, we have to be able to explain what is happening, and Austrian economics provides the best analytical tools.