Last week the Trump administration announced it’ll allow states to impose a “community engagement” requirement on healthy adults getting Medicaid, the public health-insurance program for lower-income people. So far, 10 states intend to do it, though not welfare-haven New York. To get Medicaid, adults in these states will have to work or look for a […]
New tax law is a huge win for renters
Renters came out winners under the new tax law. For over a century, the federal tax code catered to homeowners and treated renters like second-class citizens. Homeowners have been able to deduct interest on their mortgages, home-equity loans and property taxes. Meanwhile, everyone – including renters – footed the bill for these deductions by paying […]
Why workers need a corporate tax cut
Left-wing political groups are staging street protests and running television ads to defeat President Trump’s proposed corporate tax cut. If they succeed, the big losers will be anyone hoping for a raise or looking for a better job. Top Democrats like Sens. Elizabeth Warren and Bernie Sanders are complaining about tax cuts for wealthy corporations. […]
If you want economic growth, pick the candidate who’s actually created jobs
President Obama’s top banker Janet Yellen gave a somber assessment of the current job market this week, throwing cold water on the president’s election-year message that voters should elect a Democrat to the White House again. Obama’s been bragging that America has “the strongest” economy in the world. And pigs can fly. Growth under Obama […]