ACC Archives

Tag: taxes
Tariffs Hit Those Trump Wants to Help: U.S. Factories

Tariffs are taxes. They are almost always tools of crony capitalism as we’ve said before. They tend to warp the economy generally in the effort to help specific constituencies. As such tariffs often create disruptive unintended consequences that can then...

NAFTA 2.0: Free Trade or Central Planning?

By Ron Paul Last week the United States, Mexico, and Canada agreed to replace the North American Free Trade Agreement (NAFTA) with a new United States-Mexico-Canada Agreement (USMCA). Sadly, instead of replacing NAFTA’s managed trade with true free trade,...

Chicago “Task Force” Looks At Implementing Universal Basic Income

Crony capitalism comes in many forms. Sometimes it’s big tax credits to massive companies, sometimes it’s government unions stealing dues from non-union members, sometimes it’s subsidies for “farmers” who live in the city. There are many kinds. The common element...