The New York Times reports that Donald Trump declared a $916 million loss on his 1995 income tax returns — a loss that he presumably could have carried forward for several years (or even decades) to erase future taxes. The Trump campaign issued the following…

Tyler Cowen, who previously thought that a universal basic income (UBI) “might be a good idea,” now says he’s having “second thoughts.” I’m a fan of Tyler Cowen’s writing (as well as his podcast), and so I take…

Hillary Clinton says she wants to reduce the estate tax exclusion amount from $5.45 million to $3.5 million. She also says that she will restore the 2009 estate tax rate schedule and impose even higher rates on very large estates: 50% starting at $10…

Eduardo Porter writes in the New York Times about an intriguing anti-poverty proposal promoted by the Russell Sage Foundation:

Why not get rid of the child tax credit and the child…

Carey Morewedge writes in today’s New York Times Sunday Review that “[l]ogic strongly recommends” betting against your preferred candidate or your favorite sports team. He elaborates:

Consider that for most people…

If you get all your foundation news from the Washington Post, odds are that you think private foundations are something of a disaster. And hey, don’t let me convince you otherwise: the U.S. policy of giving large tax subsidies for indefinite parking of assets is…