WSJ-The Trump Tax Increase of 2026

The burden of new tariffs more than offsets the benefit of last year’s One Big Beautiful Bill Act. By Phil Gramm and Michael Solon April 28, 2026 1:07 pm ET Republicans are counting on voters being pleasantly surprised by larger-than-expected tax refunds this spring thanks to new tax cuts from the...
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WSJ-‘Liberation Day,’ One Year Later

Trump’s tariffs didn’t spur economic growth but did encourage trade between spurned U.S. partners. By Phil Gramm and Donald J. Boudreaux April 1, 2026 4:24 pm ET A year ago Thursday, President Trump raised the average effective tariff rate to 22.5%, and proclaimed April 2 “Liberation Day,” which would “forever be...
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WSJ-ESG May Be Eating Away at Your Investments

Trump and the SEC affirm fiduciary duty, benefiting even shareholders with nonfinancial objectives. By Phil Gramm and Jeb Hensarling March 16, 2026 5:26 pm ET President Trump recently signed an executive order that aims to end a 20-year experiment in backdoor socialism usurping private wealth to serve special interests. It affirms...
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WSJ-Government Won’t Help the AI Job Transition

By Phil Gramm and Michael Solon Feb. 5, 2026 1:07 pm ET A consensus has formed that while artificial intelligence may create new and better jobs, its threat to current job holders requires massive new government training programs, unemployment assistance, income supplement programs and even a guaranteed minimum income. Missing from...
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