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Governments at all levels play the same game—always threatening to eliminate school buses, police departments, ambulances, garbage collection—whatever can succeed in bringing the voters or appropriation committee members to their senses and increasing taxes and spending.
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...
Government protection and deposit insurance slows the inevitable—until it doesn’t.
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....
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...
