A proposed 2026 California ballot measure would tax billionaires’ fortunes to fund imperiled health access for 15 million state Medicaid recipients. The spillover effects of its presence on the midterm-election ballot should be considerable.
tax policy
Posted inEconomic Policy
The Myth That Mamdani Will Cause New York City’s Richest to Leave
Millionaire tax flight would devastate a future Mamdani administration. If the rich leave, how could anything be financed? But research shows that wealthy individuals move at lower rates than others, even in response to higher personal income taxes.
Posted inTAP
Taxing the Rich and the Survival of Emmanuel Macron
Macron, whose own popularity ratings have been languishing, has made it clear that he opposes a wealth tax.
Posted inEconomic Policy
Clamoring to Tax the Rich
In Berkeley, New York, Paris, and Vatican City, it’s become central to political battles—and religious concerns.
Posted inEconomic Policy
The Bleak Future of Trumponomics
Donald Trump is destroying the world’s faith in America and the dollar. We will pay dearly for that.
Posted inTAP
‘Trump Accounts’ Cannot Possibly Replace Social Security
Today on TAP: This is just another tax break for the rich.
Posted inVideos
Donald Trump Is Destroying American Manufacturing
Joe Biden brought factories and jobs back with his climate program. Then Trump repealed it.
Posted inEnergy and the Environment
There’s a Far Cheaper Way to Do Rooftop Solar
You don’t have to pay for contractors or a grid hookup.
Posted inEducation in America
Why Is Blue Oregon Trying to Kill Voter-Approved Free Preschool?
The social benefits of preschool extend far beyond the playground. Yet state officials are working on paring back a fledgling Multnomah County early-education program.
Posted inEnergy and the Environment
Trump Vows to Create More Blackouts
Side agreements with the House Freedom Caucus will make most clean-energy projects unviable and leave the U.S. with not enough power to meet demand.
