taxes
America gained nothing from Trump’s latest tariff stunt
A few hours after President Donald Trump announced an abrupt and partial reversal of his plans to slap huge tariffs on virtually all imports to the United States, a reporter asked him to explain the process that led to that…
Raising Taxes on Top Earners Gains Traction Among Hill GOP
Some Republicans are considering a new way to free up space in the budget—raising taxes on the wealthiest Americans. The idea of raising taxes—which goes against long-held assumptions about the Republican Party’s fiscal…
How simplifying our tax code would level the playing field
Republicans claim they are slashing government, but they're about to explode the budget deficit to extend President Donald Trump's tax cuts—which would balloon interest payments on the national debt, already one of…
Why I oppose Trump’s tariffs
Sen. Rand Paul (R–Ky.) has been speaking out against President Donald Trump's tariffs. He supported a bill to repeal the emergency powers that allowed him to levy tariffs on Canada and recently co-sponsored a joint…
Los Angeles drags its feet on permitting post-wildfire rebuilding
Happy Tuesday and welcome to another edition of Rent Free. This week's stories include: The devastating unintended consequences of Los Angeles' "mansion tax" on commercial and multifamily housing…
Can anyone stop Trump’s tariffs?
In this week's The Reason Roundtable, editors Peter Suderman, Katherine Mangu-Ward, Nick Gillespie, and Matt Welch discuss the economic and political fallout from President Donald Trump's new tariffs. They debate…
Trump advisors struggle to defend, or even explain, his tariff strategy
President Donald Trump's "reciprocal" tariffs went into effect over the weekend, imposing a 10 percent tax on imports from nearly every nation on the planet. (Additional higher tariffs on a subset of countries…
Trump White House cites tariff reports that undermine its own claims
On President Donald Trump's so-called "Liberation Day," when he implemented new tariffs on nearly all U.S. trading partners, the White House published an article defending tariffs. "Despite the rhetoric…
All trade is reciprocal. Trump’s tariffs interfere with that reciprocity.
President Donald Trump's "Liberation Day" massive tax hikes—err, tariffs—are here, and the effects are already apparent in stock market selloffs, layoffs, and plant closures. We're also being asked to…
Senators make modest moves to reclaim tariff powers from Trump
On Wednesday, President Donald Trump made good on his promise to impose tariffs on nearly every nation, principality, and uninhabited island on the planet—an event he dubbed "Liberation Day." The measure would place…
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