Federal Government Reaches Ugly Post-WW2 Milestone: Debt Bigger Than GDP
Article from For Liberty by Norm Leahy. The federal government is about to hit a regrettable post-World War II milestone, as government debt will meet, or exceed, the size of…
Second Trump Term Would Put Tax Cuts Back on the Agenda
Article from For Liberty by Norm Leahy. What does President Donald Trump have planned on the tax front if he wins a second term? The Tax Foundation looked at the…
Exposing the Federal Government’s Annual September Spending Binge
Article from For Liberty by Norm Leahy. Official Washington is entering a very special time of year – the annual end of the fiscal year spending binge on federal contracts….
States Should Seek New Revenue Sources Like Marijuana Rather Than Hope for a Federal Bailout
Article from For Liberty by Norm Leahy. Numerous state and local governments are hoping Congress will ride to the rescue of their broken budgets. House Democrats are certainly on board,…
Mr. Biden’s Tax Plans Would Slow Growth, Hurt Jobs
Article from For Liberty by Norm Leahy. Democratic presidential nominee Joe Biden has proposed a number of changes to individual and corporate taxes should he be elected. What does he…
The Post Office Problems are Bigger, and Older, Than Politicians Will Admit
Article from For Liberty by Norm Leahy. The U.S. Postal Service finds itself at the center of a partisan political storm over mail-in ballots expected to be used in the…
California Legislators, Labor Unions Want to Tax State Ex-Residents
Article from For Liberty by Norm Leahy. A group of California lawmakers and government labor unions has come up with a novel way of trying to close the state’s budget…
Minneapolis Drops Demand for Property Tax Payments Before Allowing Demolition of Ruined Buildings
Article from For Liberty by Norm Leahy. In parts of riot-ravaged Minneapolis, Minnesota, property owners hoping to remove the broken remains of the businesses had run into a powerful bureaucratic…
Fitch Downgrades Outlook on U.S. Credit
Article from For Liberty by Norm Leahy. Fitch Ratings moved its long term outlook for U.S. sovereign debt from “stable” to “negative,” even as it maintained a triple-A rating for…
Critics say Congress Shouldn’t Give States More Aid, but Must Give Them More Flexibility
Article from For Liberty by Norm Leahy. Congressional negotiations over a fresh round of coronavirus relief includes a competing version of aid to state and local governments. Critics say the…