Inflation declined in August to the lowest level since 2021, as prices rose 2.5% from last year. The data boosts the Federal Reserve's case for an interest rate cut next week. Read More.
In a speech to the Economic Club of New York, former President Donald Trump on Thursday promised to create a government efficiency commission if he’s elected to another term, embracing an idea proposed to him by billionaire Elon Musk. Read More.
Last week, we analyzed former President Trump’s proposal to eliminate the income tax on tips. This week, we examine another Trump idea: replacing the income tax with tariffs. And we have a better idea.
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Arthur Laffer, a prominent American economist, developed a bell-curved analysis that showed the relationship between income tax rates and the total tax revenue the Treasury receives. Read More.
Homeland Security Secretary Alejandro Mayorkas has given so much extra time off to department employees that one of his agencies has had to create an internal system to help employees keep track of it. Read More.
The Biden-Harris administration is allowing households that aren't poor to qualify for broadband assistance through the school meals program. Read More.
Arthur Laffer, a prominent American economist, developed a bell-curved analysis that showed the relationship between income tax rates and the total tax revenue the Treasury receives. Read More.
With the US government engaged in out-of-control spending, we are looking at tax increases in the coming years. And even if Congress does not pass official tax Read More.
Today, we continue a series of articles about handling attacks on the FAIRtax. . We often hear that the FAIRtax will add a new sales tax on goods and services that have never been taxed before. Read More.