Tom Giovanetti

The Tax Relief for American Families and Workers Act of 2024 is a perfect example of the kinds of tradeoffs that must be made in order to move legislation. Should Republicans trade an expanded child tax credit for extended business tax cuts? And should the Democrats take the same deal? As Thomas Sowell says, “there are no solutions, there are only tradeoffs.”

Interesting argument on the fundamentals of trade policy, comparative advantage, etc. at the Law & Liberty blog.

It doesn’t make sense to allow the Affordable Connectivity Program, which helps 23 million low-income households afford broadband, lapse because of congressional neglect.

It is parents who are primarily responsible for protecting their children from the harms of smoking, alcohol, drugs and yes, social media. Conservatives used to know that.

New Right populism isn’t very different from leftist progressivism, and it will be as harmful for the country as leftist progressivism. The Railway Safety Act demonstrates the difference between truly conservative Republicans such as Cruz and big-government, pro-union populists such as Vance.

The Supreme Court has agreed to hear Moore vs. United States, which could open the door to almost unlimited federal taxation of wealth deemed as income. It’s likely the most important tax case of the century.

Railroads are crucial for the efficient running of the nation’s supply chain. That makes it all the more important that Congress pursue wise, cost-effective policies that benefit the entire nation, as opposed to ones that primarily aid a few well-placed special interests.

Carefully investing taxpayer dollars to bring high-speed internet to unserved rural areas makes sense, but lighting taxpayer dollars on fire in a special-interest giveaway to build “networks to nowhere” does not. As always, the devil is in the details.

Government should not profit from inflation. The costs basis for capital gains should be indexed to inflation, like other income taxes.