How to Pay For a $1.9 Trillion Package

Through massive pandemic aid, the 2020 CARES Act ballooned the federal deficit. With spending far exceeding revenue, the difference was $2.8 trillion:   Now, President-elect Biden has proposed a new $1.9 trillion relief package. It includes payments to Americans who…

Where Gasoline Is Most and Least Affordable

When we look at where the world’s gasoline prices are high and low, we could be surprised with their affordability.

Six Facts: Getting to Know the Superrich

These six facts about the superrich reveal where they make their money, whether they keep it, and how it should not be taxed.

New York’s Marijuana Worries

With New Jersey legalizing recreational marijuana, New York State is worried that it will get marijuana tax revenue from New York pot buyers.

Why People Do and Don’t Pay Taxes

The economists who think about paying taxes tell us that there are so many different reasons that people do and do not comply.

The Gasoline Taxes That Are Hit by Covid-19

Rarely mentioned, the revenue generated by gasoline taxes in the U.S. and Europe has been affected by the coronavirus pandemic.

Six Facts That We Need to Know About the Federal Debt

Hearing about a multi-trillion dollar stimulus package, we should also know six handy facts about what will happen to the federal debt.

What the Pandemic Will Do to Social Security

A looming Social Security shortfall could happen much sooner because of pandemic spending and its impact on the birth rate.

Where a Universal Basic Income Was Successful

An idea that has been around for hundreds of years, the universal basic income has only recently become an experiment in Stockton, California.

What Would John Maynard Keynes Have Said About Stimulus Spending?

To the Great Depression and the Great Recession, we can now add coronavirus stimulus spending as examples of John Maynard Keynes’s philosophy.