California Risks Killing The Golden Goose With Proposition 40
High net-wealth folks like Larry Page, Sergey Brin and Peter Thiel already have preemptively moved out of state to avoid the tax.
Economy
TIPP Poll data on Americans' perception of the economy is the foundation for this section. Topics covered include U.S. consumer confidence, consumer sentiment, job market, economic growth, recession, financial stress, economic outlook, personal financial outlook, federal economic policies. We also cover trade, taxes, and debt. Our TIPP economic optimism index, financial stress index, job sensitivity metrics, and other polling on current economic issues drive the discussions.
Beijing Turns To Germany Amid Growing EU-China Trade Tensions
Germany’s trade deficit with China also widened to about €55 billion, while German exports to China fell more than 12%.
Trump Faces Tough China Talks As Allies Seek More Independence
Trump retains significant leverage through U.S. control of advanced semiconductor technology and export restrictions
China Signals Cooperation With Fentanyl Crackdown Ahead Of Trump Meeting
The new judicial guidelines, issued by China’s top court, procuratorate and Ministry of Public Security, establish stricter standards for prosecuting fentanyl offences
What Do Soybeans, Boeing Planes And Rare Earths Reveal About US-China Trade
China has made the most visible progress on soybeans, purchasing nearly half of a pledged 25 million tons
President Trump Bribes The People
The national debt now exceeds 40 trillion dollars, which is one reason why interest on Treasury bonds is at the highest level since 2007.
The Conflict Between Crony Capitalism And Market Logic
Newman writes: Lord Acton teaches us that “power tends to corrupt,” but the advocates of limited government slowly transformed into the very parties they had previously detested.
Explaining Versus Describing Economic Events
Businessmen themselves are confused as to why. They cannot make sense of why certain business practices that were profitable yesterday are losing money today.
Property Rights Are Not A Luxury: Why Zimbabwe Cannot Grow Without Secure Ownership
Before 2000, Zimbabwe was regularly called the breadbasket of southern Africa. Then came the Fast Track Land Reform Programme, launched that year and formalized under the Land Acquisition Act of 2002.
The Limits Of China’s Market Reforms Under Communist Party Rule
Yet remembering Zhu as a market reformer raises a more interesting question: What did he actually understand a market economy to be?
Utopian Net Zero Just Got Riskier
First, it is possible that every U.S. corporation could meet its net-zero commitments and yet have no impact on global warming so long as other countries keep emitting greenhouse gases.
Trump Says Iran Faces Choice Between Deal And Destruction
Trump said he hoped Tehran would agree to an arrangement that would allow Iran to rebuild and develop its economy.
The K-Shaped Economy Is Not In Your Imagination
Moody’s, Morgan Stanley, and the New York Fed agree on the shape of the thing: the economy has split in two
Anything Goes
Consumer investigators sent hundreds of shoppers into the same online store at the same time and found three-quarters of the items priced differently from one person to the next.
Documentary Shows How Mass Muslim Migration Takes Advantage Of America
According to Cortes, this dishonor can be traced to the city’s Somali immigrant community which accounts for 6,000 of its 38,000 residents.