Taxes

The ‘Billionaire Tax Rate’ Is Not 8.2 Percent

A viral claim relies on a misleading definition of income.

‘The Bear’ Is a Tribute to Dynamism—and What Blocks It

The regulatory nightmare of opening a restaurant.

Repealing the Payroll-Tax Cap Won’t Save Social Security

Funding progressive dreams doesn’t mean just raising Elon Musk’s taxes.

How to Lose Elections and Still Cut Taxes

Quirky circumstances may give Michigan Republicans bragging rights even though Democrats control the state legislature and governorship.

There Is No Painless Way to Balance the Budget

‘Taxing the rich’ and cutting ‘woke’ programs won’t come close to getting the job done.