385. What Is The IRS?

Brittany and Ronni talk about why the Internal Revenue Service started, how it has expanded, and what’s going on with the new Inflation Reduction Act. Here’s a transcript of our conversation: Brittany: Hi, Ronni. Ronni: Hey, Brittany. Brittany: So, if you guys listen to our podcast, which you do, ’cause you’re listening now, you probably […]

364. Will “taxing the rich” fix anything?

It’s quite common to hear people say we should “tax the rich” so they “pay their fair share” and fund all the socialist programs they want. But is this reasonable or practicable? Here’s a transcript of our conversation: Emma: Hi, Brittany. Brittany: Hi, Emma. Emma: So this week we record these a little bit ahead of time, but […]

No, Basic Economics Aren’t “Unfair and Absurd”

We can probably agree that politicians don’t have a firm grasp on the relationship between their actions and negative consequences. Every now and then, we are given a special reminder of this truth. This week we got one directly from the White House briefing room. For background: as I write this newsletter, a behemoth “reconciliation” […]