Finance

Finance

Articles
November 11th, 2021
Kamala Harris at lectern, Joe Biden
  A vote for the bipartisan infrastructure bill is a vote for Biden’s reconciliation legislation — the largest cradle-to-grave expansion since the New Deal.
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Articles
November 11th, 2021
Bureau of Ingraving & Printing
The increase recorded in consumer prices — soaring 0.9% just for the month of October alone and 6.2% for the past 12 months — is stunning news. It is the fastest pace in over 30 years.
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Articles
November 5th, 2021
$4 Trillion Dumpster Dollar
In a series of new polls, Americans share their criticisms of the $3.5 trillion reconciliation bill and its high price tag.
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Articles
October 28th, 2021
IPI logo square
It’s that time of year again! When horrible monstrosities emerge in the dead of a Washington night looking for productive people to attack and drain them of the fruits of their labor. Source: Attack of the Killer Taxes
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Articles
October 28th, 2021
pile of money $1s & $5s
This week, Democrats settled on an area of apparent commonality: the desire to eat the rich.
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Articles
October 27th, 2021
Joe Biden & Janet Yellen
By: Daniel Tenreiro – nationalreview.com – October 26, 2021 The last time the White House put Treasury secretary Janet Yellen in front of television cameras, she was tasked with defending a proposal to give the Internal Revenue Service cash-flow data on the bank accounts of virtually every American. Asked about the scope of the reporting requirement, which would cover any account holding more...
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Articles
October 26th, 2021
Ron Wyden, Oregon Senator
By: The Editorial Board – wsj.com – October 25, 2021 Democrats are scrambling to finance their spending bill after Arizona Sen. Kyrsten Sinema shot down their plans to raise corporate and individual income-tax rates. Thank you, Senator. But now Democrats are reaching deep into their grab-bag of revenue tricks and may pull out a wealth tax on “billionaires.” Nancy Pelosi...
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Articles
October 26th, 2021
As the holidays draw nearer, media are demanding that Americans stop shopping in an effort to absolve Biden of blame for the supply-chain crisis.
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Articles
October 25th, 2021
Janet Yellen
By: The Editorial Board – WSJ.com – October 22, 2021 Each country will need to implement this agreement in its domestic tax law, which is where Congress comes in. Pillar one is a particular headache for Ms. Yellen. Existing bilateral and multilateral tax treaties specify how governments carve up corporate revenue for tax purposes. The OECD anticipates similar treaties to...
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Articles
October 22nd, 2021
$100 bills magnifying glass on Ben Franklin
By: The Editorial Board – wsj.com – October 21, 2021 The details are murky, but most Americans could still get ensnared in this dragnet unless they pay bills and buy goods in cash. Democrats say banks will only have to report total annual inflows and outflows, not discrete transactions. But nearly all Americans spend more than $10,000 a year. The...
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