EconomyNews
Blue State Refugees Flock to Conservative Florida
While most attention has been focused on immigrants trying to enter the United States over America’s southern border, there is legal migration taking place that… Read More
EconomyNews
Business Coalition Cites 4 Reasons to Repeal Death Tax
A bill to repeal the estate tax, often called the death tax, has the support of about 150 national business and trade associations that signed… Read More
EconomyCommentary
The Great Enduring Myth That Stock Buybacks Hurt Workers
There’s a pervasive myth out there that corporate stock buybacks are a sign of corporate self-indulgence, leaving workers hung out to dry and weakening the… Read More
EconomyCommentary
Don’t Believe the Fake News. Tax Cuts for Everyday Americans Are Real.
The left-leaning media would have you believe that the 2017 tax cuts were nothing of the sort. Sen. Kamala Harris, D-Calif., recently tweeted that average… Read More
EconomyCommentary
Reintroducing Tax Subsidies That Benefit Only a Few Americans Is a Terrible Idea
Every few years, Congress renews a list of expiring tax subsidies called “tax extenders” at the behest of powerful industry lobbyists. Instead of returning to… Read More
EconomyNews
Republican Senators Look to End Death Tax
Sens. Ted Cruz, R-Texas, and John Thune, R-S.D., reintroduced legislation this week to send the death tax to its grave. “Death should not be a… Read More
EconomyCommentary
State of the Union in 2019: A Success Story Not Even Trump’s Harshest Critics Can Deny
With the shutdown over (at least for now), the State of the Union address is back “on.” When President Donald Trump takes the House podium on Feb. 5, you can count… Read More
EconomyNews
White House Eyes Reducing Capital Gains Taxes Without Congress
The White House is having internal discussions about the prospect of executive action by President Donald Trump to hold down capital gains taxes, said Larry… Read More
EconomyCommentary
Elizabeth Warren’s Wealth Tax Is Another Radically Bad Idea From the Far Left
A radical new tax proposal would hurt the poorest and more vulnerable working-class Americans, and fuel the ever-increasing presence of Washington in our daily lives…. Read More
EconomyCommentary
What ‘Trumponomics’ Is All About
President Ronald Reagan was a winner who believed in the boundless potential of America. Sound familiar? It’s one of the reasons President Donald Trump is… Read More
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
