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Editor's Pick

Interest Paid on the US Debt Soars, and Trump Pushes for a New Costly War

During 2024 taxpayers were on the hook for $1.13 trillion in interest on the debt. That’s nearly $7,400 for each of the 153 million people who file tax returns.

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Adam N. Michel The House-passed reconciliation bill includes a new tax measure designed to retaliate against foreign taxes that discriminate against American businesses. This...

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Government protection and deposit insurance slows the inevitable—until it doesn’t.

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Jeffrey Miron What level of government—state or federal—should set economic and social policy? The modern presumption is that “good” policies should be implemented federally....

Editor's Pick

Adam N. Michel The Low-Income Housing Tax Credit (LIHTC) awards roughly $14 billion in tax credits annually to private apartment building developers in exchange...