Studies have shown that each one percent tax increase lowers output per worker by about two percent. That finding has been confirmed by state-by-state comparisons between high-tax and low-tax states.
Economy
Massive Downward Jobs Revision Reveals The Media Lied About Biden’s Economic Record
Media not only misled the public but may have delayed needed policy shifts, like Fed rate cuts. Americans deserve transparency, not gaslighting. The U.S. Bureau of Labor Statistics (BLS) delivered a body blow to the corporate media industrial complex’s narrative of a robust Biden economy. In its preliminary benchmark revision, the agency slashed its estimate...
September 22, 2025