income


Taxation is Theft

By Judge Andrew P. Napolitano Mises Institute April 17, 2017   Taxation is Theft   With a tax code that exceeds 72,000 pages in length and consumes more than six billion person hours per year to determine taxpayers’ taxable income, with an IRS that has become a feared law unto itself, and with a government […]

Taxation is Theft

Dr. Paul Craig Roberts

The Demise of the Left

By Dr. Paul Craig Roberts Paul Craig Roberts.org January 27, 2017   The Demise of the Left   On several occasions I have asked in my columns the rhetorical question: What became of the left? Today I answer my question. The answer is that the European and American left, which traditionally stood for the working […]


IRS Numbers Show Little Income Growth for Americans

By Ryan McMaken Mises Institute September 18, 2016   IRS Numbers Show Little Income Growth for Americans   Earlier this week, Charles Hugh Smith suggested that the federal government abandon its use of survey-based employment data and instead simply use IRS data on incomes and tax filings to estimate trends in employment and income. As Smith notes, […]

IRS Numbers Show Little Income Growth for Americans

Tim Cook and Apple's Gross Hypocrisy on Taxes

Tim Cook and Apple’s Gross Hypocrisy on Taxes

By Jeff Deist Mises Institute September 1, 2016   Tim Cook and Apple’s Gross Hypocrisy on Taxes   Apple Inc., the US corporate parent of dozens of foreign legal entities, has been hit with a $14.6 billion tax bill by a commission of the European Union. At the heart of the commission’s complaint is an alleged antitrust […]


Why Do Americans Have Such High Incomes and So Little Savings?

By Ryan McMaken Mises Institute August 29, 2016   Why Do Americans Have Such High Incomes and So Little Savings?   Americans have more disposable income than nearly every other country on earth. The few exceptions include a handful of northern Western European states and some small city states like Monaco. Even when accounting for government […]

Why Do Americans Have Such High Incomes and So Little Savings?

11 Million Spent Half of Their Income on Rent. Why the Government Is to Blame.

By Patrick Tyrrell The Daily Signal June 28, 2016     A recent report out of Harvard University has found the number of struggling household renters at an all-time high. A table in the appendix of the report shows that almost half (49.3 percent) of renters in 2014 spent at least 30 percent of their household […]

11 Million Spent Half of Their Income on Rent. Why the Government Is to Blame.

Dr. Paul Craig Roberts

Employment Lies ~ Paul Craig Roberts

By Dr. Paul Craig Roberts Paul Craig Roberts.org June 3, 2016   Employment Lies     June 3, 2016. Today the Bureau of Labor Statistics announced that the US economy only created 38,000 new jobs in May and revised down by 59,000 jobs the previously reported gains in March and April. Yet the BLS reported […]


Why Median Incomes Probably Are Really Going Down

By Ryan McMaken Mises.org May 11, 2016   Why Median Incomes Probably Are Really Going Down   In response to last week’s post on median incomes, several readers responded on Twitter with links to posts by the American Enterprise Institute think tank which explain some of the problems with using measures of household income. At the Mises […]

Why Median Incomes Probably Are Really Going Down

Beware of the Chaos of Helicopter Money

Beware of the Chaos of Helicopter Money

By Daily Bell Staff The Daily Bell May 11, 2016   Beware of the Chaos of Helicopter Money     Indian central bank governor says helicopter money no panacea … Indian Central Bank Governor Raghuram Rajan said on Tuesday that he had doubts “helicopter money”, or free cash given directly to citizens to stimulate growth, […]


When is Tax Freedom Day 2016 in your state?

By Scott Greenberg Tax Foundation April 6, 2015 Tax Freedom Day 2016 is April 24   Tax Freedom Day 2016 (PDF) Key Findings This year, Tax Freedom Day falls on April 24, or 114 days into the year (excluding Leap Day). Americans will pay $3.3 trillion in federal taxes and $1.6 trillion in state and […]

When is Tax Freedom Day 2016 in your state?

Dr. Paul Craig Roberts

Jobs Report Blues

By Dr. Paul Craig Roberts Paul Craig Roberts.org April 4, 2016   Jobs Report Blues   On Friday the Bureau of Labor Statistics reported that there were 215,000 new jobs in March. John Williams of ShadowStats.com reports that these “new jobs” result from the the Birth-Death model that “artificially inflates headline month-to-month payroll gains with […]


The US Economy Has Not Recovered And Will Not Recover ~ Paul Craig Roberts

By Dr. Paul Craig Roberts Paul Craig Roberts.org February 20, 2016   The US Economy Has Not Recovered And Will Not Recover     The US economy died when middle class jobs were offshored and when the financial system was deregulated. Jobs offshoring benefitted Wall Street, corporate executives, and shareholders, because lower labor and compliance […]

Dr. Paul Craig Roberts

Is this only for “tax cheats” and “moochers”?

By Mark Nestmann Nestmann.com February 19, 2016   Is this only for “tax cheats” and “moochers”?     Earlier this month, the Federal Register published its quarterly list of former US citizens and permanent residents who have “expatriated,” i.e., given up their US citizenship or permanent residence. The published data comes from the IRS, which […]


Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America

By Michael Snyder End Of The American Dream February 1, 2016 Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America     Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the […]

Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America