…huge collections of jewels and gilded carriages? Because until recent times Royals paid no taxes at all and certainly no taxes on capital. Did the British Monarchy actually deliver value…

…Reform Act, would have created a stronger regulator with new powers to increase capital at Fannie and Freddie, to limit their portfolios and to deal with the possibility of receivership….

…act quickly and have approved over 99% of the requests made over the years. Never mind the fact that the government can wiretap even before getting a warrant. So I…

…This review also notes that: section 482 principles to allocate gross receipts between the different activities (for example, the activity of roasting coffee beans qualifies as production, but the activity…

…Americans remain flummoxed by Obamacare.  Many are confused; some are afraid. They don’t know what the Affordable Care Act (ACA) says, and they don’t know how it will affect their…

Linda is returning to blogging again. Welcome back. Dan by Linda Beale Finance Committee acts/doesn’t act on important Tax Court, Social Security, and HHS Appointments As the Senate Finance Committee…

…Appropriations Panel Chairman who stuck a sentence in Section 227 of the 2015 Appropriations Act (dated December 16, 2014). The sentence said; no “funds made available by this Act from…

It’s called the Accountable Capitalism Act. Here’s the bill text. Yves Smith has a take on this…lots of talk in the news econ sections: Elizabeth Warren introduced her Accountable Capitalism…

I have suggested (here and here) that idealism is leading progressives astray.  Unfortunately, climate policy offers many examples. Consider the Climate Equity Act of 2019.  The CEA was, I believe,…

…moral permission to enforce it).” Because governments have acted on bad data and bad models in implementing the shutdown, government actions lack authority and legitimacy. The fact that government had…