‘Freeloading’ Elon Musk to pay largest federal tax bill in history, an estimated $8.3 billion‘Freeloading’ Elon Musk to pay largest federal tax bill in history, an estimated $8.3 billion FEE’s Jon Miltimore writes, “Elon Musk made a bold claim on Twitter on Tuesday. The Tesla founder said he would ‘pay more taxes than any American…Read more ›
Inflation is a tax on the middle classInflation is a tax on the middle class The Hill reports, “Consumer prices grew far faster than expected in October, according to data released Wednesday by the Labor Department. The consumer price index (CPI), which tracks inflation for a range…Read more ›
Why a capital gains tax increase would be a massive jobs (and wealth) killerWhy a capital gains tax increase would be a massive jobs (and wealth) killer FEE’s Aadi Golchha writes, “One of the reasons that nearly all high-income countries keep capital-gains taxes low is to help ensure that investors and entrepreneurs are…Read more ›
Does Biden’s $1.2 trillion infrastructure bill include a mileage tax?Does Biden’s $1.2 trillion infrastructure bill include a mileage tax? The prospect of sizable new driving taxes levied on working-class Americans isn’t an attractive one.@brad_polumbo has the story: https://t.co/viPNFUsfxM — FEE (@feeonline) September 30, 2021 FEE’s Brad Polumbo writes, “Here’s…Read more ›
Biden’s cigarette tax would hurt the poor mostBiden’s cigarette tax would hurt the poor most FEE’s Brad Polumbo writes, “Millions of Americans who smoke could soon see an increase in their prices, as Democrats target tobacco and nicotine to help finance their $3.5 trillion economic package,’ the Washington…Read more ›
Dems unveil massive multi-trillion-dollar tax hikeDems unveil massive multi-trillion-dollar tax hike FEE’s Brad Polumbo writes, “This morning, Rand Paul tweeted, “If you think you’ve got a case of the Mondays now, wait til you see how much the Democrats are trying to raise your taxes.’…Read more ›
The spending Sanders wants can’t be financed by simply taking from the ultra-wealthyThe spending Sanders wants can’t be financed by simply taking from the ultra-wealthy FEE’s Brad Polumbo writes, “Senator Bernie Sanders is hitting the road. The Vermont socialist has a simple mission: reach out to rural America and make the case…Read more ›