A Scottish Shopping Mall Just Sold for Less…

The Postings Shopping Centre in Kirkaldy, Scotland, U.K. Source: Allsop Auction House Source: Allsop Auction House A shopping mall near Edinburgh was sold at auction for just 310,000 pounds ($403,000), underscoring the perilous state of…

Land of Cheap Money Marks 20 Years Since…

Trendsetters: Haruhiko Kuroda when he was at the finance ministry in 2002, with the then BOJ Governor Masaru Hayami. Photographer: Alex Wong/Getty Images Photographer: Alex Wong/Getty Images Long before the U.S. and Europe embraced radical…

Twins’ Jim Pohlad Joins Bidding for Fox Sports…

Jim Pohlad Photographer: Hannah Foslien/Getty Images Photographer: Hannah Foslien/Getty Images Another Major League Baseball owner is jumping into the bidding for the 21 regional-sports networks being sold by Walt Disney Co. Minnesota Twins owner Jim…

The Real Lesson of 70 Percent Tax Rates…

Key Findings Recent debates over income inequality have focused on the role of higher income tax rates during the 1930’s through the 1980s. Some assert these higher rates reduced income inequality, relative to today, when…

State and Local Sales Tax Rates, 2019

Key Findings Forty-five states and the District of Columbia collect statewide sales taxes. Local sales taxes are collected in 38 states. In some cases, they can rival or even exceed state rates. The five states…

What the U.S. Can Learn from the Adoption…

Recent discussions of a proposed wealth tax for the United States have included little information about trends in wealth taxation among other developed nations. However, those trends and the current state of wealth taxes in…