Capitalism has helped create extraordinary innovation, new industries, millions of businesses, and opportunities for generations of Americans. Entrepreneurship and competition should remain fundamental parts of our economy. But capitalism works best when there are rules, competition is real, workers have opportunities to advance, consumers are protected, and corporations are held accountable for their actions. I...
America’s tax system should reward hard work, entrepreneurship, and investment—but it should not provide one set of rules for ordinary Americans and another for the ultra-wealthy. One of the clearest examples is a tax-planning strategy commonly known as Buy, Borrow, Die. The strategy can allow extremely wealthy individuals to accumulate appreciating assets, borrow against those...
For millions of Americans, owning a car is not a luxury—it is a necessity. In much of the New American Republic, reliable transportation is essential for getting to work, taking children to school, accessing healthcare, and participating in everyday life. Yet when a vehicle breaks down, many families face a financial crisis. Unexpected repair bills...
