Will gold remain an important form of money, or are cryptocurrencies like bitcoin set to overtake it? That was the subject of a Soho Forum debate held on July 26 at the Mises Institute in Auburn, Alabama, as part of Mises University, an annual instructional program in the Austrian school of economics attended by over […]
Since the Inflation Reduction Act passed the Senate and is now headed to the House for a Friday vote, Republicans have loudly critiqued the IRS-supersizing provisions while Democrats have tried to assure voters that hiring an additional 87,000 tax-collecting agents, as the legislation calls for, will not lead to higher audit rates for middle- and […]
An Israeli law took effect this week banning cash transactions of more than 6,000 NIS (about $1,700). Officials said the goals of the law are to increase tax compliance and to reduce money laundering. Israel’s Finance Ministry said it plans to seek a law banning residents from holding more than 50,000 NIS (about $14,500) in […]