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April 3, 2025

Trump’s Tariffs Are a Historic Tax Hike

If implemented, the tariffs announced yesterday by President Trump would constitute the largest tax increase since the 1968 levies to fund the Vietnam War. The details will matter, but my back-of-the-envelope calculation…

February 20, 2024

The New Right’s Attack on Markets Is as Ignorant as the Old Left’s

…the stresses, uncertainties, and strains of economic transitions. These complexities and failures notwithstanding, Gregg makes the case that there’s no plausible alternative to the mostly free markets of neoliberalism. He…

February 8, 2024

CTC Expansion Rooted in Desire to Roll Back Work-based Welfare

…benefits. Specific efforts to achieve full refundability, and thereby eliminate the CTC’s work requirement, soon followed. Senator Michael Bennet (D-CO) proposed eliminating the CTC’s work requirement in 2015, and several…