Are billionaires evil?

Criticizing billionaires has become a popular cultural trend, based on anti-rich sentiment that was recently exacerbated by a ProPublica report that leaked the tax returns of the 25 wealthiest Americans. The report’s findings were interesting but not particularly surprising, mostly confirming the long-held speculation that the ultra-rich don’t pay taxes proportional to their levels of wealth and frequently use legal avenues to shield their earnings from the government’s fingertips. Continue Reading...

The moral weight of taxation

As Congress works on a $6 trillion spending bill that would be funded by higher taxes and increasing the national debt, Americans should be asking themselves: When is taxation morally permissible? Continue Reading...

The moral deficit of inflationary spending

Spending! Relief! Infrastructure Investment! Build Back Better! These are words and sayings that have been bandied about throughout the past year. Anyone with a basic interest in the news cycle is bound to have heard that the federal government has proposed plans to spend trillions of dollars. Continue Reading...

Deutsche Bank’s work-from-home tax is economic insanity

As if 2020 could not get any worse, this week intellectuals unleashed another pandemic: a new proposed tax. Deutsche Bank suggested that the government lay a 5% “privilege” tax on employees who work from home, on the grounds that they “disconnect themselves from face-to-face society.” Continue Reading...

Victories for liberty: 2020 state ballot initiatives

Whatever the outcome of the 2020 presidential race, liberty won numerous victories – and suffered a handful of setbacks – in state referendums nationwide. Voters in both “blue” and “red” states endorsed policies to advance individual initiative, limit government overreach, and establish equal justice under the law. Continue Reading...

Evaluating Trump’s tax reforms

In April, the Trump administration provided a broad outline of proposed reforms, including simplifying tax brackets, eliminating the marriage penalty, and creating child care deductions. The National Catholic Register recently published an article on the reforms, focusing on its effect on the family. Continue Reading...