Biden tries again on a wealth tax
The Biden administration is coming around to the idea that deficits are bad and something must be done about them right away. Their proposed fix? Soaking the rich: The White…
The billionaires’ tax matters to everyone
It’s not popular to be against a tax that would affect only the very richest people. And while the wealth tax for billionaires the Democrats floated few days ago appears…
Is a wealth tax constitutional?
Oregon Sen. Ron Wyden, despite enormous pushback even from his fellow Democrats, still has high hopes for his pet idea to institute a wealth tax on the very wealthiest Americans….
The Biden tax plan may become something worse
And it looks like the person standing on the way of higher tax rates is…Democratic Sen. Kyrsten Sinema. As the Wall Street Journal reports: …[Sinema] continues to oppose any increase…
Millionaires plan a heist of billionaires’ wealth
The desire of some to expropriate the wealth of others – all in the name of doing good – is not a new story. But one of the more recent…
Democratic tax hopes begin to shrink. They need to get even smaller
Congressional Democrats had big dreams of remaking the federal government, and the tax system that funds it. But a funny thing happened on the way to the liberal utopia: self-interest…
Elizabeth Warren’s ignorance is showing
The political class is loaded with people who have little to no understanding of how private enterprise works. Among them is Massachusetts Sen. Elizabeth warren, whose unhealthy fixation on Jeff…
There’s nothing patriotic about fleecing a few to enrich the state
As Democrats roll out a series of proposals to hike taxes on this, that, and almost everything, one idea stands out for its brashness. Rep. Thomas Suozzi (D-N.Y.), a member…
Warren’s Ultra-Millionaire Tax Could be a Windfall for Foreign Billionaires
Massachusetts Sen. Elizabeth Warren has proposed legislation that would impose so-called “wealth taxes” on the net worth of the nation’s richest people. Her aim: raised lots of money to fund…
