Repeated taxes on capital may target the wealthy, but the consequences reach ordinary workers.
Daily Analysis
The Most Depressing Chart about the Global Economy
Sluggish growth is feeding voter frustration and populist politics around the world. What is holding back productivity?
Canada Reduces the Tax Burden on New Investment
Broadening permanent immediate expensing would encourage investment in better equipment, and strengthen productivity and wages.
Tax Increases Are the Wrong Way of Dealing with the Social Security Mess
Reform should address rising spending and poor retirement returns.
Trump’s Income Challenge, Part II
Weak income growth is leaving Americans feeling stuck on a treadmill. Trump could provide an economic boost by repealing his signature policy.
How to Make Life Better for the Middle Class (and Everyone Else)
Americans are getting richer, yet many families still feel squeezed. Less government intervention offers a better path to affordability.
The Invisible Hand of Free Enterprise Enables Great Prosperity, Part II
Everyday marvels show why free enterprise deserves more breathing room, and why growing government intervention is so alarming.
The United States vs. Europe, Part VII
Should America copy Europe’s high-tax welfare states? Comparisons of household consumption challenge assumptions about which system delivers higher living standards.
Donald Trump’s Historical Illiteracy
Trump predictably ranks himself “the greatest,” but there’s plenty of other problems with his ranking of presidents.
Assessing Unions on Labor Day
Union membership keeps shrinking in private industry but remains entrenched in government. What explains the divide?