Census Bureau Income Data: Four Years, No Progress
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The IRS Magic-Money Tree Bears Little Fruit
The IRS Magic-Money Tree Bears Little Fruit
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The Santa Claus Election
The Santa Claus Election
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Tax-Motivated International Migration
Tax-Motivated International Migration
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Another Member of the Bureaucrat Hall of Fame
Another Member of the Bureaucrat Hall of Fame
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It Happened Again! The New York Times Writes about Venezuela’s Collapse and Fails to Mention Socialism
It Happened Again! The New York Times Writes about Venezuela’s Collapse and Fails to Mention Socialism
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More Evidence for Supply-Side Economics: Taxes and Sports
More Evidence for Supply-Side Economics: Taxes and Sports
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The Economic Damage of the New Deal and the Progressive Era
The Economic Damage of the New Deal and the Progressive Era
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Foreign Aid Is a Failure
Foreign Aid Is a Failure
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Trump’s (and Harris') Goofy New Tax Proposals
Trump’s Goofy New Tax Proposals
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Kamala Harris, Price Controls, and the Contest for the Dumbest Policy Proposal of 2024
Kamala Harris, Price Controls, and the Contest for the Dumbest Policy Proposal of 2024
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Chicago’s Recipe for Fiscal Crisis
Chicago’s Recipe for Fiscal Crisis
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The Tweedledee and Tweedledum of Big Government?
The Tweedledee and Tweedledum of Big Government?
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To summarize, you get to reduce your taxable income based on the type of household, and you then get to reduce your tax bill based on the number of children.* The combination of those two things determines how much income you can earn before Uncle Sam starts taking a slice.
As you might expect, there’s a controversy over the zero bracket amount. Is it too big or too small? Is the tax credit for kids too high or too low?
For a libertarian, the answer is easy…and difficult.
The easy part of the answer is that we want less money going to government, so we want the biggest-possible standard deduction and the largest-possible child tax credits.
The hard part of the…
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Kamala’s Proposed Increase in the Corporate Tax Rate: The Good News and Bad News
Kamala’s Proposed Increase in the Corporate Tax Rate: The Good News and Bad News
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The Entitlement Disaster that Kamala Harris and Donald Trump Are Ignoring, Part I
The Entitlement Disaster that Kamala Harris and Donald Trump Are Ignoring, Part I
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The United Kingdom, Free Speech, and Dual Criminality
The United Kingdom, Free Speech, and Dual Criminality
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