A Third of Lifetime Income Lost to Taxes on Average, but up to Half in Some States
Most people grumble about the taxes they pay. Whether it’s on income, property, sales, or some other form of tax, we pay a lot – seemingly more every day. But…
L.A.’s Six-Figure Lifeguards
It’s not clear whether this is an example of President Joe Biden’s repeated vow to create good-paying private-sector union jobs. But it most certainly is an example of how some…
Biden’s Plan for a ‘New Suburban Entitlement’
The Biden administration has made clear it wants to expand government, costs be damned. Included in those plans is a new child care entitlement that is designed to hand government…
The Other, Bigger Pipeline Story you may Have Missed
The ransomware attack on the Colonial Pipeline put into sharp focus just how vulnerable our real infrastructure is to criminal gangs and malicious state actors. But aside from the images…
States Put Enhanced Unemployment Benefits to the Test
The United States is about to engage in a real-time economic experiment that federalism is making possible. The issue to be tested: whether the federal government’s more generous unemployment benefits…
Government Eviction Bans Means Mom and Pop Landlords are Going Broke
One of the more controversial actions federal and state governments took during the height of the coronavirus pandemic was issuing eviction moratoria. The intent was to avoid a spike in…
Pentagon Says it’s on Track to Pass an Audit – in 2028
The Department of Defense has yet to pass an independent audit of its books, having failed three times to assemble balance sheets that can pass muster. But the DoD is…
Pro-Athletes Dive Into Crypto, not Dollars
A number of economists are looking at the federal government’s spending spree and wondering what it might mean for interest rates and inflation. The inflation question is particularly important because…
Biden Education Tour Can’t Escape Unions Standing in the Way of School Reopening
The president and other members of the Biden administration are making stops in key congressional districts to talk up his plans on infrastructure, education and more. The politics are clear:…
Sticking Taxpayers With a Multi-Billion Dollar Pension Bailout
The fine details of the $1.9 trillion American Rescue Plan are still coming to light, and among them is an old Washington, D.C. standby: a bailout. This wasn’t your run-on-the-mill…