Washington's Latest Tax Assault on Economic Success By Stephen Moore
The PE and VC track records in funding small businesses and turning them into the future gazelles is almost a uniquely American success story.
The PE and VC track records in funding small businesses and turning them into the future gazelles is almost a uniquely American success story.
President Donald Trump has predicted that his tariffs could raise as much as $6 trillion over the next decade in federal tax collections. These include up to 104% tariffs on China, plus the combination of reciprocal tariffs -- we charge them whatever they charge us. Also, don't forget the protectionist tariffs on steel, aluminum, autos, lumber, etc.
If you haven't watched the Bret Baier interviews on Fox News with Elon Musk and the other executives who have given their time and expertise to exposing the rampant fraud and inefficiency of our federal government, I urge you to do so.
President Donald Trump has promised to create millions of new high-paying jobs. One easy first step to doing that is to repeal Biden regulations on America's 4 million business partnerships (sometimes known as S corporations) that are prolific job creators. The latest estimates find 10 million Americans employed by these business partnerships, with $800 billion paid in worker salaries and benefits.
For decades, the United States has led the world in pharmaceutical innovation -- developing drugs that combat cancer, heart disease, AIDS, diabetes and other killer diseases. One recent study found that "in health-sciences output in the Nature Index, the United States' Share is almost 8,500, higher than the next 10 leading countries combined."
Republicans are searching for ways to "pay for" their tax cuts. Democrats want the rich to pay more tax. Here's a solution that should make everyone happy.
House Ways and Means Committee Chairman Jason Smith is suggesting a tax on the $840 billion college endowments. These endowments will soon eclipse $1 trillion in size -- more money than the entire GDP of many countries.
One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle, the popular money transfer network. The Consumer Finance Protection Bureau argued that, despite Zelle's service being free, the network's users were being ripped off.
All in Washington are acting like their hair is on fire in response to the Department of Government Efficiency requirement that federal employees list what they accomplished last week. Many are acting like they can't think of anything, like they may need to "phone a friend" to get an answer.
The spectacular dominance of America's Magnificent Seven tech firms -- with $1 trillion-plus market caps -- has been a marvel to behold and a genuine source of American pride. This is a theme that both President Donald Trump and Vice President JD Vance have in celebration of American business prowess.
Just how much longer will American parents, their kids, business leaders
The federal government owns multiple trillions of dollars of federal assets -- from land, to buildings, to patent rights, to mineral rights, to immigrant visas, to oil fields to trucks and trains and unused office furniture equipment.
Envy is an ugly thing -- one of the seven deadly sins.
Shortly before Milton Friedman's death in 2006, I had the privilege of
The media have been playing up the "civil war" inside the GOP between what Politico calls the "MAGA Republicans and Big Tech." The restrictionists in the party want fewer visas, and the pro-growth wing wants more.
Here's my wish list for the incoming Trump administration to make America healthy and prosperous and great again in 2025.
One of the highest priorities for the incoming Trump administration should be to end the Democrats' weaponization of powerful government agencies against taxpayers and businesses they don't like. Nowhere has this mission been more pernicious than the party-line vote to fund the IRS with nearly $80 billion and hire tens of thousands of new tax snoops.
Buckle your seatbelts because President-elect Donald Trump has ignited a worldwide revolt against the arrogance of global elites.
Hard to believe it was just four years ago that Joe Biden was elected with a promise to unite the country. After the misery of COVID-19 deaths and lockdowns and the riots in the streets of major cities, Americans WANTED to be united by a unifying national purpose.
One thing Hollywood is very good at is scaring the bejesus out of Americans -- even when they're merely spreading false fears.
Earlier this year, in one of the most absurd court rulings in modern times, federal judge Amit Mehta ruled that Google violated U.S. antitrust law by gaining a monopoly in the search engine markets.