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June 25, 2024
Cato Daily Podcast

Federal Taxes on Unrealized Income and Moore v. United States
The Supreme Court hasn’t closed the door entirely on taxes on unrealized income, but the door isn’t exactly open. Thomas A. Berry explains the court’s decision in Moore v. United States.
Featuring Thomas A. Berry and Caleb O. Brown
June 24, 2024
Cointelegraph

‘Privacy-minded’ CBDCs Are a Wolf in Sheep’s Clothing
… left untraveled. CBDCs are ill‐suited for helping financial inclusion, too late to improve payment speeds, unlikely to advance monetary policy, and unhelpful for maintaining the dollar’s world reserve currency status. With that in mind, there should be little …
By Nicholas Anthony
June 21, 2024
Foreign Policy

Learning to Live With a Nuclear North Korea
Most discussions on U.S. policy toward North Korea follow a predictable pattern, expressing alarm about current developments and acknowledging Washington’s policy failure, but insisting that nothing can be done other than repeat the process. More than seven decades …
By Doug Bandow
June 20, 2024
Blog

SCOTUS Upholds a Tax on Stock Ownership in Narrow Opinion
Today’s majority opinion did not firmly close the door on a federal wealth tax, and that is unfortunate. But it is important to recognize that it has not opened that door either.
By Thomas A. Berry
June 20, 2024
The American Conservative

The Biden Administration Has No Definition of Victory in Ukraine
… swiftly as possible. That does not mean forcing Kyiv to accept any particular outcome. Rather, allied states should set their policy to advance their interests and allow Ukraine to respond accordingly. Sober Western officials increasingly acknowledge negotiation will ultimately be …
By Doug Bandow
June 20, 2024
Free Society

Globalization Is about People, Not Governments
Populist calls for the “death of globalization” ignore not only the practical and moral benefits of open markets but also their fundamental humanity.
By Scott Lincicome
June 19, 2024
Washington Times

Firming up the Future of U.S. Trade with Central Asia
Kazakhstan is geopolitically vital, a source of minerals for aircraft, machinery.
By Ariel Cohen and James Bacchus
June 19, 2024
Orange County Register

What Paris and Other Cities Can Teach Los Angeles about Transit
LA Metro and other California transit agencies should put driverless operation on the negotiating table as part of future contract discussions.
By Marc Joffe
June 19, 2024
The Dispatch

Trump’s Latest Tariff Idea Is Dangerously Foolish
Terrible economics aside, there’s simply no possible way it could work.
By Scott Lincicome
June 19, 2024
National Review (Online)

Tax Cuts in 2025: Republicans Should Think Bigger
Slashing tax rates to near century lows is eminently doable if Congress is willing to clear out the accumulated tax-code junk.
By Adam N. Michel
June 18, 2024
Blog

Another CBO Report Warns of Debt Surging, As a Fiscal Crisis Brews
Mistakes the UK and Greece made that the US shouldn’t repeat.
By Romina Boccia and Dominik Lett
June 18, 2024
Blog

Digital Currency or Digital Control Is Out Now!
The book offers a one-stop shop to get up to speed on all things related to central bank digital currency (CBDC).
By Nicholas Anthony
June 17, 2024
Blog

A Cato Plan to Cut Tax Rates to Near 100-Year Low
Congress cannot tax its way back to fiscal health. However, deficit-neutral, pro-growth tax reform that increases economic growth will make necessary spending reforms easier.
By Adam N. Michel
June 17, 2024
Cato Daily Podcast

How to Achieve the Lowest Tax Rates in A Century
Between the needless complications of the tax code and various special-interest giveaways in it, overall tax rates are higher than they could be otherwise. Adam Michel explains in a new paper what would be required for Congress to lower overall rates.
Featuring Adam N. Michel and Caleb O. Brown
June 17, 2024
Forbes

CBDCs Are Instruments of Control—and They’re Here
CBDCs are very real, and very dangerous.
By Norbert Michel