Did you see what happened in Norway? Their government decided to raise its wealth tax, expecting this new policy to pull in an additional $146 million each year. Somehow, they were shocked when the opposite happened. Instead of more revenue, they got an exodus. Norway’s wealthiest people, representing a whopping $54 billion in assets, packed […]
News out of the DNC has given us one disastrous take after another, so it’s hard to pick which awful policy proposal to talk about first. Although there are literally a dozen freedom-limiting, big-government enhancing, worst-idea-ever, soundbites to choose from, I want to talk about something that might get lost in the flashier headlines. The […]
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 […]
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 […]
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” […]
