Category: Economy

It’s High Time We Make Woke Corporate America Feel Real Pain: Here’s How We Can Start

Companies must be held accountable. When they carelessly and callously wield their power to strike out at the American people, they must be made to feel pain. Not simply nagging second thoughts or embarrassment, but real pain: pain in their wallets, in their boardrooms, and in the offices of their general counsels…

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U.S. Home Prices Rising At The Fastest Pace in 15 Years

U.S. home prices are rising at the fastest pace in 15 years as the pandemic and a surge in urban shootings have fueled demand for single-family houses even as the supply for such homes shrinks…

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Democrats Look To Impose A New Capital Gains Tax At Death

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Several Senate Democrats are pushing to boost federal revenue by taxing certain capital gains that are passed down after death. Traditionally, unrealized capital gains have not been taxed, allowing wealthy individuals to transfer stocks, bonds and real estate investments to their children and grandchildren without the recipients being taxed…

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If You Drive a Car, You Might Soon Pay Buttigieg’s ‘Miles Traveled Tax’

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Transportation Secretary Pete Buttigieg is thinking up new ways to fund infrastructure, and his latest proposal would deal a big blow to American workers. While speaking with CNBC last Friday, Buttigieg said he liked the idea of a tax based on the number of miles driven to raise money to improve roads...

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Trump’s Tax Cuts Worked: Tax Hikes Now Will Kneecap Any Economic Recovery After COVID-19

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Three years after the Tax Cuts and Jobs Act took effect, Democrats in Congress are ready to roll back some of the most critical reforms. The business tax cuts have been maligned by Democrats as “corporate welfare” and beings contrary to the best interests of workers. In reality, the corporate tax cut succeeded at allowing new business investment, creating jobs, raising wages, and increasing the economy’s size…

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