Preston is a research fellow for tax policy in The Heritage Foundation’s Grover M. Hermann Center for the federal budget.
View all authorsEconomyCommentary
America may be entering a new phase of economic malaise. While inflation dominated the public consciousness in 2021 and 2022, troubling developments in the labor… Read More
EconomyCommentary
With Congress continuing its nearly three-year-long inflation-driving spending spree and adding several new federal taxes—not to mention 87,000 new IRS agents—it’s easy to miss a… Read More
EconomyCommentary
Next month, the U.S. Postal Service will be busier than usual. Not because of late Christmas cards or thank-you letters, but because of the extra… Read More
PoliticsCommentary
You can learn a lot about a man by seeing how he spends his money. You can learn about a congressman by seeing how he… Read More
EconomyCommentary
The nonpartisan Congressional Budget Office on Nov. 29 released an analysis describing its “current view of the economy in 2023 and 2024 and the budgetary… Read More
EconomyCommentary
It’s almost certainly true that the company president didn’t set the price of the last product you bought at Walmart, Costco, or Amazon. If the… Read More
EconomyCommentary
The shopping spree is a fun concept. The winner of a game show or sweepstakes gets five minutes to race through a store piling high… Read More
EconomyCommentary
In 2021, the IRS issued a report that described what the tax-collecting agency could do with nearly $80 billion in new funding, if only Congress… Read More
EconomyCommentary
Where will President Joe Biden and congressional Democrats get the money to finance their large expansion of subsidies for green energy and extension of Obamacare… Read More
EconomyCommentary
Congress “invested” in the American economy to the tune of $7 trillion over two and a half years. The result? Inflation is through the roof,… Read More
