Costs are passed on to consumers. If you work for and invest in companies, you get hit three times. By Phil Gramm and Mike Solon April 23, 2024 1:48 pm ET In his call for Congress to repeal the 2017 tax cuts and increase corporate tax rates, President Biden asked: “Are...
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WSJ-The ‘Gender Pay Gap’ Is a Myth That Won’t Go Away
The difference in wages is the natural consequence of choices that men and women freely make. By Phil Gramm and John Early March 8, 2024 5:30 pm ET Tuesday, March 12, is “equal pay day,” according to the National Committee on Pay Equity, a coalition of advocacy groups. Originally, the date...
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WSJ-The High Cost of the Trump-Biden Tariffs
The evidence shows they benefited a politically connected few, while U.S. consumers and producers paid the bill. By Phil Gramm and Donald J. Boudreaux Jan. 17, 2024 11:45 am ET ‘National conservative†protectionists portray themselves as the adults in the room. They allege that free traders’ focus on consumption imperils...
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WSJ-A Fiscal Commission on the National Debt? Good Luck With That
The best way to avert a crisis is to reform entitlement spending. The next best way is growth. By Jeb Hensarling and Mike Solon Jan. 11, 2024 6:21 pm ET As Congress begins a new session, the price of government expansion during the pandemic is coming into sharper focus. The...
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WSJ-Social Security Was Doomed From the Start
The fatal flaw was FDR’s decision to make it a pay-as-you-go benefit. We should have fixed it by now. By Phil Gramm and Mike Solon Dec. 19, 2023 6:29 pm ET Americans imagine that the Social Security benefits they are promised belong to them. That’s by design. In 1935, President Franklin...
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