The liberal tax group ITEP has a new study suggesting that many large corporations did not pay income taxes in 2018. Low corporate income taxes may seem like a scandal, but we should eliminate these taxes altogether. Corporate taxes ultimately land on individuals as workers, shareholders, and consumers, and in today’s global economy economists think that corporate taxes land mainly on workers.
As millions of Americans travel to meet their families for Thanksgiving, airports will be crowded, flights will be delayed, and travelers will get stuck in long security lines. To meet growing passenger demands and improve the public’s flying experience, policymakers should adopt the best practices of 21st century aviation, including privatizing security screening, airports, and air traffic control.
A growing number of political leaders consider wealth inequality to be a major economic and social problem. They complain that wealth is being shifted to the top at everyone else’s expense.Is wealth inequality the crisis that some people believe it is?