Articles
A One-Time Tax With Lasting Effects
Why billionaires are leaving in response to a proposed one-time wealth tax, and why the resulting income tax losses belong in the fiscal score.
October 22, 2026
Richard Epstein provides an in-depth history of takings law, examining the protections against government appropriation of private property. Along the way he considers the recent Supreme Court ruling in Knick v. Township of Scott, Pennsylvania, which greatly expands the rights of property owners.
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Trump's Supreme Court Wins and Losses
The Supreme Court has struck down some of President Trump’s most consequential policies while upholding others that expand presidential authority. From birthright citizenship to tariffs and regulatory agencies, these rulings reveal how the Court defines the constitutional limits of executive power.
October 23, 2026
Articles
California’s Wealth Tax Boomerang
[Subscription Required] The history of wealth taxes is that they raise much less revenue than hoped as targeted taxpayers find ways to avoid them. That looks to be the case with California’s wealth tax ballot measure (Proposition 40), which a new paper by the Hoover Institution’s Joshua Rauh and Benjamin Jaros estimates will result in a net revenue loss of $38.9 billion.
October 21, 2026