In the wake of Lori Loughlin, Felicity Huffman, and other parents allegedly using the foul means of their considerable means to gain admittance for their children to elite schools, Senator Ron Wyden (D-OR) wants to end deductions for parents who…
Ever since Amazon’s break-up with New York on Valentine’s Day, dejected Mayor Bill De Blasio is complaining that corporations shouldn’t be able to play off one local government against others for tax breaks. “I don’t think it’s really fair to…
Amazon does not pay the government taxes. The government pays Amazon taxes. Some residents of the chutzpah capital of the world predictably rebel against this arrangement. Just call them modern-day tax resisters. Hopefully, Jeff Bezos’s Internal Revenue Service audits them…
Early this year, America’s cultural centers were rocked by a sordid tale of privilege gone wrong that would’ve fit right into an Edith Wharton novel. Jeff Bezos, the richest man on earth, the creator of Amazon, and a man increasingly…
Bipartisanship in today’s Washington is as rare as a wardrobe completely free of items purchased at Brooks Brothers. But rarer still, is when that bipartisanship runs against moneyed interests. Indeed, most “bipartisan bills” should practically come with a NASCAR-style sponsor sticker,…
As the United States Postal Service (USPS) posts record financial losses, American consumers will face record postage increases in 2019 to help offset the problems. The USPS reported last week that it lost $3.9 billion this past fiscal year, a…
Let’s say employers must pay a substantially higher wage for all unskilled labor. Would this requirement lift many people out of poverty? Still more, would it lead to greater general prosperity? Everything does come up roses — if you ignore costs…
Amazon killed Sears, Toys R Us, and Borders. Can it save our healthcare system? The company further fueled speculation about its desire to venture from its rainforest into the healthcare jungle through a recent job posting. The Amazon Benefits Department…
Imagine the following scenario: A group of technical whizzes found a new car company in the United States. After initially going through vigorous competition, the company eventually establishes complete market dominance not only in building cars, but also in building…