Connecting the Dots, October 2019
October 29, 2019
The US government spent almost a trillion dollars more than it received fiscal 2019. And that’s just the official, on-budget deficit. Fair accounting would look even worse.
October 15, 2019
Yay, we have a trade deal! Tough negotiations worked!
Well, maybe. It depends who you ask.
October 8, 2019
No one really likes paying taxes. At best, we wish we got more for our money.
A tax system should raise the necessary revenue fairly and with minimal economic distortion. Things go off the rails when governments use tax policy to reward (or punish) certain behaviors.