Taxes

Taxing Away Success

Taxing Away Success

We are witnessing a troubling migration—a flight of capital and talent from states that have adopted increasingly aggressive tax policies. Elon Musk moved Tesla and X from California to Texas; Palantir relocated to Colorado. High-profile individuals and corporations are pulling up stakes and relocating to states with more favorable tax policies. A casual observer might...

By Mark Moses

The Free Money Trap: How Laundered Compassion Fuels a Culture of Abuse and Fraud

The Free Money Trap: How Laundered Compassion Fuels a Culture of Abuse and Fraud

The headlines are, by now, a wearying routine. In 2025, a federal takedown revealed $14.6 billion in Medicare fraud, involving kickbacks for allegedly unnecessary tests. In Minnesota, the Feeding our Future scandal saw $300 million vanish from a pandemic meal program, while childcare fraud drained another $100 million via ghost students. California, meanwhile, became the...

By Mark Moses

What to Do with California’s Billionaire Tax Proceeds

What to Do with California’s Billionaire Tax Proceeds

A health-care union’s ‘one-time fix’ for federal Medicaid cuts could easily become permanent. The Service Employees International Union (SEIU), one of the largest labor unions in the country, has launched an experiment in California to determine whether it can wring a large amount of revenue from the state’s billionaires. Its idea is a one-time retroactive...

By Marc Joffe