EconomyCommentary
Memo to Liberals: Higher Taxes Have Already Been Tried
When you receive your paycheck and look at the withholding for federal, state, and sometimes city taxes, along with Social Security and Medicare, you probably… Read More
EconomyCommentary
Why Some Businesses Survive in High-Tax States
Lower taxes and less regulation are great for business, but some are thriving in high-tax states like New York and California. On my new podcast,… Read More
EconomyNews
Customers Are Paying Nearly 100% of Seattle’s New Soda Tax, Study Says
Seattle soda drinkers are paying nearly every penny of a tax on sugary drinks that the City Council put in place in January 2018, according… Read More
EconomyCommentary
Alexandria Ocasio-Cortez Wants to Raise Taxes Drastically. Here’s Why It Would Backfire.
Depending on who you listen to, the recent proposal by Rep. Alexandria Ocasio-Cortez, D-N.Y., to increase marginal income tax rates to 70 percent is either… Read More
EconomyAnalysis
Electric Vehicle Tax Credits Another Form of Corporate Welfare
If America’s auto manufacturers wrote letters to Santa, it’s not hard to guess what would be high on their lists: retaining the federal tax credit… Read More
EconomyNews
California to Consider Taxing Text Messages in 2019
California regulators are currently contemplating whether residents would have to pay a fee on text messages from their cellphones. The proposed tax would help fund programs in… Read More
EconomyNews
Amazon Set to Roll in Cash as New York and Virginia Ready to Give Massive Amount of Tax Incentives
Amazon announced Tuesday it’s splitting its second headquarters between Long Island City, New York, and Arlington, Virginia, and the corporation will receive tax incentive packages… Read More
EconomyCommentary
Here’s How the Tax Cuts Are Helping Americans in Every State
The Tax Cuts and Jobs Act has been one of the strongest and boldest reforms of President Donald Trump’s first term in office. According to… Read More
EconomyNews
Tax-Cut Repeal Could Cost Americans $27K in Pay Over 10 Years, Study Says
A new report from The Heritage Foundation shows that if tax reform were to be repealed or expire, the average American would have $26,906 less… Read More
EconomyNews
White House to Push Pro-Growth ‘Tax Reform 2.0’ in Senate
President Donald Trump will be pushing for more tax cuts—dubbed “Tax Reform 2.0”—in the Senate, his chief economic adviser said Thursday. Larry Kudlow, director of… Read More
EconomyCommentary
Plotting the Demise of the Death Tax
No one puts out a welcome mat for the Grim Reaper, but those who’ve built up successful businesses have even more reason to dread his… Read More
EconomyAnalysis
Separating Economic Facts From Fiction on the Trump Tax Cuts
Since Congress passed tax reform, American families have seen bigger paychecks and more opportunity. But there is still a lot of confusion about the Tax… Read More
EconomyNews
These 2 Companies Plan to Expand Workforce by 20% Thanks to Tax Reform
The Wilson Construction Co. in Canby, Oregon, will be expanding its workforce by at least 20 percent in the coming months, says Stacy Wilson, who… Read More
EconomyCommentary
How Congress Can Make Tax Cuts Permanent Without Worsening the Debt
The economy is thriving under the Tax Cuts and Jobs Act. Wages are up, scores of jobs are being created, and small businesses are more… Read More
EconomyCommentary
We Hear You: Bad Apples at the IRS, State’s Security Breach Under Hillary, and Other Runaway Agencies
Editor’s note: Poorly run government programs prompt many a comment from the audience of The Daily Signal. We’ve got some of those in this roundup…. Read More
EconomyNews
Tax Reform Spurs a Doubling of This Texan’s Business
Republican-passed tax reform has helped to more than double his supply company’s business, a Texas entrepreneur says. “The tax reform took our taxes from 34… Read More
EconomyCommentary
Here Are 3 Major Ways Tax Reform 2.0 Would Help Americans
The 2017 tax reform bill has been a boon for American workers. In addition to the average household’s $1,400 tax cut this year, there are… Read More
EconomyCommentary
How International Tax Competition Benefits American Workers
The Tax Cuts and Jobs Act is continuing to produce tangible benefits for Americans, growing the U.S. economy and making it more competitive for business investment… Read More
EconomyNews
He Wants to Lift Taxpayers as His State’s First GOP House Speaker in 136 Years
NEW ORLEANS—Philip Gunn says he is trying to move more of his state’s citizens from dependency on government “freebies” to self-sufficiency and a lighter tax… Read More
EconomyNews
100 Manufacturers Have Boosted Hiring, Expanded, or Given Raises, Bonuses Thanks to Tax Reform
Lima Pallet Co. announced earlier this year it was adding 15 to 20 jobs as part of an expansion prompted by the 2017 tax-cut law—one… Read More
EconomyCommentary
Skills for a 21st-Century Workforce Cap GOP’s ‘Better Way’
It’s no secret that being speaker of the House comes with its challenges. Recently, however, I had the kind of day that makes it all… Read More
EconomyCommentary
America Leapfrogged Other Countries in Tax Reform, and Economic Growth Is the Result
In February 2017, U.S. House Ways and Means Committee Chairman Kevin Brady remarked at a conference on international tax competition, “Our blueprint delivers a tax… Read More
EconomyNews
Underreported: What Tax Reform ‘Crumbs’ Meant for These Blue Collar Workers
HAGERSTOWN, Maryland—Tom Condon has seen Jamison Doors through many of the company’s ups and downs. A factory worker for 28 years, Condon has survived multiple… Read More
Commentary
‘No Taxation Without Representation’ Is Dead. Here’s How Congress Can Revive It.
“No taxation without representation.” It was the rallying cry of the American Revolution, and to this day remains printed on the license plates in Washington,… Read More
EconomyCommentary
It’s Time for Tax Reform 2.0. Here’s Why It’s So Important.
You’ve probably heard about last year’s tax reform—the bill that cut Americans’ taxes in 2018 by about $1,400. What you might have missed is that… Read More
Economy Analysis
Podcast: Tax Reform Leads to More Cookies, Not Crumbs
On today’s edition of The Daily Signal podcast, Rob Bluey and Ginny Montalbano interview small business owner Joseph Semprevivo, president and founder of Joseph’s Lite Cookies of… Read More
EconomyCommentary
New Report Shows Every Congressional District Benefits From Tax Reform
What would you buy with $26,000? A new car? A year of college tuition? A down payment on a house? This is not a hypothetical… Read More
EconomyNews
‘Pig Book’ Spotlights 232 Earmarks Amid Pork That Wastes Taxpayers’ Money
All but a relative few farmers and other rural residents have had electricity and telephone service for a generation, but the U.S. government devoted $10… Read More
EconomyNews
Trump, House GOP Talk More Tax Cuts
Following up on the economic growth spurred by their first tax reform package, President Donald Trump and House Republicans want to see another round. “We… Read More
EconomyNews
Not ‘Crumbs’: Cookie Maker Hires 5, Raises Pay, Expands Production Under Tax Cuts
The overhaul of the tax code by congressional Republicans didn’t produce just crumbs for the business of a popular cookie maker based in Florida. The… Read More
