Tag: tax revenue
U.S. National Debt Hits Crisis Levels

The U.S. government’s total public debt outstanding has nearly reached $22.6 trillion with two weeks left to go in the government’s 2019 fiscal year.

States Enjoying an Unexpected Benefit of Federal Tax Reform

The Tax Cut and Jobs Act of 2017 appears to be delivering an unexpected benefit to state governments: It is lowering their cost of their borrowing.

Whose money is it?

The Washington Times has an interesting op-ed up about Justice Kagan’s view of money. Here is a snippet: Justice Kagan’s dissent gave the game away in its first sentence. The tuition tax credit, she wrote, is “diverted tax revenue.” Later, she elaborated, “Both deplete funds in the government’s coffers by transferring money to select...
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