Tax Time Myths and Truths
Another Tax Day has come and gone, and most Americans believe they pay too much. One recent poll revealed that 56% say they...
About: Veronique de Rugy
Posts by Veronique de Rugy
America’s Fiscal Ethos: From Alexander Hamilton’s Day to Our Own
Washington Post columnist Megan McArdle recently wrote that the best argument made in favor of limiting the size of the stimulus during the...
Washington’s ‘Job Creation’ Circus Is Hitting the Road
In the grand circus of politics, where elephants and donkeys alike perform under the big top, there’s one act that never fails to...
Americans Can Tell the Difference Between Rosy Economic Data and Reality
The economy is growing, unemployment is low, wages are up, and inflation is down. However, the American people remain grumpy about the state...
Biden’s Corporate Tax Hike: Populism Versus Economic Literacy
In the latest volley of policy proposals that seem more rooted in populist rhetoric than economic knowledge, President Joe Biden’s budget plan to...
A New Fiscal Commission Must Heed the Lesson of ’97
The Republican chairman of the House Budget Committee made news recently by announcing that if his party is serious about changing the fiscal...
Is Another Child Tax Credit Expansion Really the Best Way to Help Families?
In the well-intentioned rush to support American families by expanding the Child Tax Credit (CTC), critical questions are often ignored: Aren’t we already...
Biden’s Super Bowl Shrinkflation Blame Game
President Joe Biden wants to remind you that your Super Bowl party was more expensive than it used to be. The reason, he...
The CFPB Is Putting Our Banking Arrangements at Risk
Nobody likes paying fees. A fee, however, is a transparent way to reflect the price of something. And in a market economy, prices...
Why Keep Worrying About Debt? Speculation Versus Reality
Over the years, I’ve offered many explanations about why the trajectory of the national debt is deeply troubling. At this point, though, my...
Embracing Economic Freedom: Lessons from Javier Milei’s World Economic Forum Address
In a thrilling address at the World Economic Forum, Javier Milei, President of Argentina, presented a robust defense of capitalism and a critical...
Congress Will Need a New Idea in 2024. Will It Choose a Good One?
With U.S. government revenues rising, 2023 might have been a good year to get America’s post-COVID-19 finances on track, but the budget deficit...
America, France, and the Free Market
It’s fashionable to claim that the free-market ideas of Nobel-laureate economist Milton Friedman have failed the country, and that it’s time for new...
Congress Can Redeem Itself by Calling for Help
There’s much talk today about the need for a fiscal commission. The House Budget Committee held a hearing about it a few weeks...
Responsible Government Isn’t Just for the Tough Times
Some policy experts who, over the last few decades, saw little need for serious fiscal austerity because the government could borrow at low...