Taxes and Spending

Progressives have been calling for heavy taxes and other confiscatory policies to be aimed at wealthy Americans. While they didn‘t win the recent presidential election, their toxic message remains.

Politicians respond to pressure. If we want them to actually carry out the cuts they claim to stand for it’s up to us to provide that pressure.

We're told that tariffs are going to do all sorts of great things. Mark Thornton sets the record straight.

As reality tells us that federal spending needs to be cut drastically, that means that local projects will need to be funded by states and localities, which means deficit spending is not an option. 

Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that only the wealthiest citizens will pay more. Middle-class British farmers are quickly finding out that the taxman is coming for them too.

Like Santa, who gives free gifts to our children, people think of the state as providing services “for free.” However, the state cannot provide anything without first confiscating wealth from others—like the Grinch, who first stole all the presents in Whoville.

If the debt limit is not raised, then there is at least a small chance that a few of them will be held accountable at the polls.

President-elect Trump has promised changes in economic policies. How well they work and how they will affect us remains to be seen. Here is a look at proposals that have promise—and proposals that are likely to cause harm.

Mises Institute President Tom DiLorenzo joins Ryan McMaken to look at the many ways that the taxes, known as "tariffs," destroy wealth and empower the state.