Many of us resent paying taxes. The money extracted from us goes to fund an always authoritarian and intrusive institution that’s frequently unaccountable and arbitrary when it’s not outright malicious. But who knew that even federal employees resent supporting the government? A recent report finds a rising number of federal employees are delinquent on their […]
Budgets are about priorities. In President Joe Biden administration’s new budget, its apparent priorities are marred by problems. Here’s the cheat sheet version: Rather than containing explosive growth in spending, it would use a bunch of new taxes to wage class warfare. While this budget is dead on arrival in Congress, it’s worth reviewing some […]
In this week’s The Reason Roundtable, editors Matt Welch, Katherine Mangu-Ward, Nick Gillespie, and Peter Suderman analyze the fallout from the historic failure of Silicon Valley Bank and deride a recent congressional hearing concerning the reporting of independent journalists Matt Taibbi and Michael Shellenberger on the Twitter Files. 0:52: Silicon Valley Bank collapse 26:30: President […]
“I want to make it clear,” President Joe Biden said two weeks ago as he teased his forthcoming budget proposal. “I’m going to raise some taxes.” That’s one promise Biden won’t be accused of breaking. The president’s annual budget proposal, set to be officially unveiled later today, will include a host of tax increases aimed […]
Nothing focuses the mind quite so intently on the sheer stupidity of government as doing your taxes. What is taken from us is excessive, the intrusiveness is maddening, and the rules are byzantine, which is the distilled essence of most of our interactions with the state. So, it was with a certain degree of anticipation […]
For individuals struggling to make ends meet, the government might be causing more problems than it is solving. As part of a new report released Monday, a survey of more than 1,000 low-income Pennsylvanians found that taxes are often a major barrier to economic security—ranking ahead of more commonly discussed problems such as credit card […]
For The New York Times‘ Paul Krugman, the real crisis facing America’s entitlement programs is that the media isn’t working hard enough to ignore their impending collapse. “I’ve seen numerous declarations from mainstream media that of course Medicare and Social Security can’t be sustained in their present form,” Krugman wrote in a Times op-ed this week. […]
Newspapers have been reporting on the demographic challenges in Asian nations like China, Japan, and South Korea. Some expect China’s population, for example, to be cut in half by 2100. If current trends continue, some of the same problems will sooner or later hit the United States, and they won’t be fixed with family-style entitlement […]