Despite the oft-heard claims that current generations are stealing from future generations by running fiscal deficits, both theory and evidence suggest that this is either not true or not knowable. Intergenerational justice is not an appropriate lens through which to analyze fiscal issues,...

In recent decades the United States has been plagued by increasing levels of economic inequality. Such increase in economic inequality was posited to relate to excess compensation paid to corporate executives (Piketty & Saez, 2003). This artilce asserts that, to the contrary, the observed...

One of the most notable examples of U.S. tax exceptionalism is the taxation of U.S. citizens and legal permanent residents (LPRs) on their worldwide income, regardless of residence. The United States also imposes broad and increasingly onerous tax and financial reporting obligations on its...

Bilateral intergovernmental agreements (IGAs) relating to the Foreign Account Tax Compliance Act (FATCA) and entered into by the U.S. government reduce the reach of FATCA's withholding tax regime, including the reach of that regime as applied to non-U.S. taxpayers. The validity of these IGAs has...

The author chronicles the rise of what he calls the New New Left, beginning with President Lyndon Johnson's War on Poverty in the 1960s, and lays the blame for the economic meltdown of the early twenty-first century to the bigger government and more public spending agenda of the political powerhouse