Trump threatens to raise taxes on Americans to punish Mexico

President Trump announced yesterday that beginning in early June he will increase taxes paid by Americans until “such time as illegal migrants coming through Mexico, and into our Country, STOP.” If Mexico does not stop the inflow then Trump says he will increase the tax paid by Americans to 10 percent on July 1, 2019, 15 percent on August 1, 2019, to 20 percent on September 1, 2019, and to 25 percent on October 1, 2019. Continue Reading...

The tax that closed 3,600 doctors’ offices

A UK tax policy intended to soak the rich has caused highly specialized physicians and surgeons to retire early, depriving more than a million citizens of their services. A new report details the extent to which progressive taxation has harmed British patients. Continue Reading...

Pope Francis on ‘fake charity’

At the recent Vatican meeting of Catholic Charities Pope Francis praised the participants for their concern for the poor and marginalized, but warned them of the danger of “fake charity.” Carol Glatz writes in Catholic Herald: Charity is not a sterile service or a simple donation to hand over to put our conscience at ease,” he said. Continue Reading...

Seattle stinks

In a recent article at City Journal, Discovery Institute Fellow, Christopher Rufo says: Over the past few years, Seattle has become a dumping ground for millions of pounds of garbage, needles, feces, and biohazardous waste, largely emanating from the hundreds of homeless encampments that have sprouted across the city… Last year saw a 400 percent increase in HIV infections among mostly homeless addicts and prostitutes in the city’s northern corridor. Continue Reading...

Student debt and moral hazard: To forgive or not to forgive?

During primary elections in the United States, it’s hardly unusual for those seeking their party’s nomination to make outlandish promises that aren’t likely to be kept. Thus we saw Senator Elizabeth Warren recently outlined her plan to abolish student debt, and pay for it by levying a tax on the super-rich (however that is defined). Continue Reading...

Does capitalism always become crony?

Mark Zuckerberg has finally admitted he needs help. From the government. After years of shady dealing, data collection, and intentionally designing addictive technologies, Zuckerberg has asked the government to regulate tech. Continue Reading...