Tariffs Start Washing into the Government Checking Account by Wolf Richter • May 2, 2025 • 164 Comments The cashflow of Customs and Excise Taxes has nearly doubled in two months.
Spiking Interest Payments on the Ballooning US Government Debt v. Tax Receipts and Inflation: Q1 Update by Wolf Richter • Jun 1, 2024 • 151 Comments To what extent are interest payments eating up the national income?
Used Vehicle Prices Finally Drop but Won’t Plunge All the Way Back to Earth in this Crazy Environment. Here’s Why by Wolf Richter • Apr 8, 2022 • 137 Comments Despite the jump in tax refunds, crucial for down payments, used car & truck retail sales fell, and auction prices dipped as price resistance set in.
Yellen Calls for Taxing Large Corporations on Puffed Up Earnings they Report to Shareholders, Which I Called for Years Ago by Wolf Richter • Apr 7, 2021 • 167 Comments The “minimum book tax” on reported earnings would be a tax incentive to produce realistic earnings reports. Wall Street will fight it furiously.
US, Global Corporate Giants Not Amused Mexico Finally Forces Them to Pay the Taxes They Owe by Nick Corbishley • Oct 25, 2020 • 70 Comments American Bar Association, Mexican business lobby, ambassadors from the US, Canada, etc. in uproar over holding executives accountable and threatening them with criminal probes. 70 Mexican officials also investigated.
California Cannabis Tax Revenues Soar as Industry Gets Going, But Black Market Still Dominates by Wolf Richter • Aug 19, 2020 • 70 Comments Growth during the Pandemic. And the state sure needs the money.
US Gross National Debt Jumps by $1.2 Trillion in Fiscal 2019, to $22.7 Trillion, Hits 106.5% of GDP by Wolf Richter • Oct 1, 2019 • 133 Comments But what happens if there’s actually a recession?
Inflation Data Shows Tariffs Are Not a Tax on Consumers but on Foreign & US Corporations by Wolf Richter • Aug 13, 2019 • 70 Comments Here is where inflation runs hot – and it’s not imported consumer goods.
Federal Disability Policy Poses Insidious Problems for Disabled People Who Want to Generate Income by Michael Gorback, M.D. • Jun 24, 2019 • 56 Comments How to Bring the Disabled Out of the Economic Closet
The Countries with the Most Monstrous Corporate Debt Pileups: US Fizzles in 24th Place! Canada Shines in 11th Place by Wolf Richter • Jun 10, 2019 • 73 Comments China’s corporations deleverage, forced or otherwise.
