Recently I got a cryptic bill from the IRS for a small amount of money. The reason for the charges was ostensibly explained on the bill, but in a way that only dogs can hear and IRS agents or tax … Continue reading →
Financial markets were shaky last night with the news of the Trump victory, but guess what? At least for today, all is well and the Dow is up 200 as I write this. This is just the beginning for Trump, … Continue reading →
I always thought the main purpose was to raise money for the services the federal government provides—defense, for example; and in more recent decades, entitlements. As for the tax structure, its progressive nature was meant to be “fair” in the … Continue reading →
…I guess I won’t be moving to any of these metropolitan areas any time soon. Unless my sugar daddy comes along. We’re just talking about living at the two-bedroom apartment level, and it ain’t cheap: In San Francisco, America’s most … Continue reading →
The New York Times would have you believe that it’s a big big story to learn that Donald Trump sometimes lost a lot of money and most likely took a tax write-off for it in accordance with the law. Such … Continue reading →
Donald Trump gave an interview yesterday: In an exclusive sit down with ABC News’ David Muir, Republican presidential nominee Donald Trump said that people don’t care about whether he should release his taxes, while Gov. Mike Pence argued that the … Continue reading →
…and for the Clintons: Bill Clinton’s staff used a decades-old federal government program, originally created to keep former presidents out of the poorhouse, to subsidize his family’s foundation and an associated business, and to support his wife’s private email server, … Continue reading →
…that Hillary’s release of her tax returns makes her look like an honest and transparent candidate when compared to the extreme reluctance of opponent Donald Trump to release his. Now, you could say that she’s neither honest nor transparent, and … Continue reading →
Well, of course: Former Speaker Newt Gingrich, under consideration as Donald Trump’s running mate, is dropping his decades-long support of free trade deals and picking up Trump’s strongly protectionist position. “I basically agree with Trump’s speech on trade,” Gingrich said … Continue reading →
Other European nations (can we still use that word?) clamor for their own referendums: Now eight more countries want to hold referendums to exit the EU ”“ France, Holland, Italy, Austria, Finland, Hungary, Portugal, and Slovakia all could leave. The … Continue reading →
McArdle writes: The inability of those elites to grapple with the rich world’s populist moment was in full display on social media last night. Journalists and academics seemed to feel that they had not made it sufficiently clear that people … Continue reading →
Thursday’s Brexit vote was big. But it is potentially even bigger, depending on what follows. Maybe the consequences will be disastrous, as so many “remain” advocates predict. But maybe—if the movement spreads to people in other European countries, who will … Continue reading →