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Tax Politics

The Politics of Taxes

Reciprocal Tariff Ignorance

President Trump continues to pursue his misguided tariff crusade believing that he is somehow protecting American industries and employment. His latest move, reciprocal tariffs (which he intends to begin April 2), is even worse. Trump has stated that he plans to impose tariffs based on “what they charge us, we charge them,” which is an economically stupid idea. Advocates of this policy like to...
The Federal Register is Racking Up Regulations

The Competitive Enterprise Institute periodically reviews the Federal Register and the amount of regulations that the Obama Administration churns out. Here's a snapshot of it; it's the daily publication of proposed and final administrative regulations of federal...

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Greg Ip Misses It Again on Interest Rates and the Economy

Here’s another ridiculous article by “economist” Grep Ip, wondering aloud once again why the economy isn’t doing any better, and why low interest rates haven't helped. Either he’s truly incompetent as an economist not to see the detrimental effects of government...

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Smith: What CEOs Should Be Saying About Inequality

My friend Fred Smith over at Competitive Enterprise Institute (CEI) wrote a nice piece on the subject of income inequality. Smith discusses the common beliefs and untruths of the topic, reminding us that "to the extent that inequality is a problem, it is because...

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Era of Great Enrichment is on the Decline

Deidre McCloskey’s recent treatise (How the West (and the rest) Got Rich) on was a thoughtful essay on the power of liberty and its impact on economics. For the most part, McCloskey did a fine job explaining classical liberalism (“worthy of a free person”) and how the...

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Dave Brat Gets It Wrong on Jobs and Immigration

Congressman Dave Brat wrote a stunning Op-ed in the Richmond Times Dispatch ("Immigration is killing Americans' job prospects") in which he blames immigrants -- both legal and illegal -- for the current anemic economy. Rightly citing “meager job growth” and “stagnant...

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