EconomyCommentary
Each American Is $240,000 in Debt Because of Excessive Government Spending
As Americans, we are greatly indebted not only to the men and women who have fought and died for our country, but also to the… Read More
EconomyCommentary
The Treasury Department Is Wrong. China Didn’t Just Devalue Its Currency.
The U.S. Treasury Department has incorrectly labeled China a manipulator of its currency. An important distinction exists between devaluing a currency and currency depreciation. Devaluing… Read More
EconomyCommentary
New Tariffs on China Will Translate to More Taxes on Americans
President Donald Trump last week announced he would place new tariffs—a 10% additional tax—on $300 billion worth of products Americans import from China. Starting Sept…. Read More
EconomyNews
US Taxpayers Foot $2 Billion Bill for 30,000 Public Employees in Baltimore
American taxpayers have paid for nearly $2 billion in federal aid to fund 30,000 public employees in Baltimore at local and federal levels, an audit… Read More
EconomyCommentary
How Cutting the Corporate Tax Rate Is Helping Everyone
You won’t find the global competition to cut taxes reported on the front pages of The New York Times or The Washington Post, but that… Read More
EconomyCommentary
Washing Machine Tariffs Are Still Putting Consumers Through the Wringers
While tariffs are forcing American families to pay 12% more for their washing machines, 12 members of Congress from Ohio—from both sides of the political… Read More
EconomyCommentary
Why Federal Highway Policy Is a Speed Bump Slowing Down Better Roads
Taxpayers from all 50 states pay into the Highway Trust Fund when they fill their tanks with gas or diesel fuel. That sends billions of… Read More
EconomyCommentary
How a Record-Breaking Economy Is Helping Those Who Need It Most
The U.S. economy is in the midst of the longest economic expansion in our history—more than 10 years of consecutive growth. The climb out of… Read More
EconomyCommentary
Illinois Politicians Are to Blame for Tax Hikes, Not Washington
Illinois lawmakers recently moved one step closer to raising state income taxes. It’s the last thing Illinois needs—residents and businesses are already leaving the state… Read More
EconomyCommentary
5 Myths About the State and Local Tax Deduction’s Cap
Ever since the Tax Cuts and Jobs Act passed in late 2017, Democrats and a few Republicans have decried how the law’s $10,000 cap of… Read More
EconomyCommentary
Europeans Work 2 Months Longer Than Americans Do to Pay Their Tax Bill
On June 22, German workers celebrated their Tax Freedom Day—the day when taxpayers have finally earned enough money to pay the country’s tax bill. Germany’s… Read More
EconomyCommentary
With Crony Tax Bill, Democrats Are Doing Their Level Best to Revive the Swamp
Congressional Democrats are taking the lead to renew a list of long-dead tax subsidies at the behest of powerful corporate lobbyists. Their plan is to… Read More
EconomyCommentary
Why a Bigger Social Security Program Would Make Us Worse Off
The truth is unavoidable: Social Security is insolvent. It’s set to run out of money to pay scheduled benefits in about 15 years, barring action… Read More
Economy Analysis
How Trump’s Tax Cuts Are Helping the Middle Class
On today’s episode of The Daily Signal Podcast, we feature an interview with Julio Gonzalez, chairman of Engineered Tax Services, and Stephen Moore, a distinguished… Read More
EconomyCommentary
How Victim Mentality Is Pushing Women Toward Socialism
Americans are no longer just flirting with the idea of socialism. They’re increasingly enamored by it. And women, in particular, are some of its biggest… Read More
EconomyNews
75 Conservative Groups Oppose ‘Any Carbon Tax’ Days After Mitt Romney Was Reportedly ‘Looking at’ One
Seventy-five conservative groups signed a public letter to Congress opposing “any carbon tax” days after reports that Utah Republican Sen. Mitt Romney openly considered backing… Read More
EconomyCommentary
Repealing the Tax Cuts Would Hit Middle Class and Workers
Many Democrats would like to repeal the 2017 tax cuts. But how would that affect ordinary Americans? If the tax cuts were reversed, the typical… Read More
EconomyCommentary
The Blueprint for a Balanced Budget That Can Still Cut Taxes
If Congress doesn’t act, Americans’ taxes will automatically increase in the coming years. The 2017 tax cuts are temporary, and some of those taxes are… Read More
Economy Analysis
Podcast: Former White House Insider Discusses Draining the Swamp, Next 18 Months
Rick Dearborn had a front-row seat to President Donald Trump’s first year in the White House. He led the White House transition team and then… Read More
EconomyNews
New York Lawmakers Pass Bill That Would Allow Congress Access to Trump’s Tax Returns in the State
The New York state Assembly passed a bill Wednesday to allow Congress to obtain information on state tax returns for elected officials, which would include… Read More
EconomyCommentary
Socialism Promises a Utopia, but Delivers Suffering
Presidential contenders are in a battle to out-give one another. Sen. Elizabeth Warren, D-Mass., proposes a whopping $50,000 per student college loan forgiveness. Sen. Bernie… Read More
EconomyCommentary
Liberals Were Very Wrong About Tax Cuts. Again.
For those of you who survived the Great GOP Tax Cut Massacre, things are finally looking up. The unemployment rate fell to 3.6% last month,… Read More
EconomyCommentary
Parsing the President’s Tweets on Tariffs Amid China Trade Talks
It’s crunch time in U.S.-China negotiations, and President Donald Trump may have just thrown negotiators under the bus. Over the weekend, Trump tweeted that perhaps… Read More
EconomyCommentary
Poorest Americans Are Benefiting Most From Strong Economy
It’s hard to escape the good economic news these days. New reports show that in the first quarter of 2019, the U.S. economy grew by… Read More
EconomyCommentary
Elizabeth Warren’s Wealth Tax Would Backfire
Whenever Sen. Elizabeth Warren, D-Mass., is asked how she’ll fund “free” college tuition and her many other promised goodies, she has a ready answer: a… Read More
EconomyCommentary
Today, You Pay Your Federal Taxes. Tomorrow Is the Real Tax Freedom Day.
This year, Tax Freedom Day—the day after which Americans have worked enough days of the year to pay their taxes—occurs just one day after Tax… Read More
SocietyNews
10 Years After First Rallies, What’s the Legacy of the Tea Party?
It was Tax Day 2009 when citizens gathered in 850 cities across the nation for tea party rallies protesting the recent $700 billion federal bailouts… Read More
EconomyCommentary
In 1 Chart, How Your Taxes Are Spent
It’s nice to have more money in your pocket. And thanks to the 2017 tax cuts, the typical American is now paying less in taxes…. Read More
SocietyNews
Tea Party Backs ‘Stop Socialism, Choose Freedom’ Rallies on Tax Day
Americans across the country are preparing to organize 300 or more rallies against socialism on Monday, mobilized and assisted by a major tea party group…. Read More
EconomyCommentary
California’s War on Middle Class
For over six years, California has had a top marginal income tax rate of 13.3%, the highest in the nation. About 150,000 households in a… Read More
