Push To Create ‘Trump IRAs’ Could Prove an Expensive Mistake
The proposal’s backers misread the savings behavior of the households they claim to help.
By VERONIQUE de RUGY
||Opinion (Columnists)
VERONIQUE de RUGY
Washington, D.C.
Veronique de Rugy is a columnist for The New York Sun.
Veronique de Rugy is the George Gibbs Chair in Political Economy and a senior research fellow at the Mercatus Center at George Mason University.
Latest Articles
The Marriage Gap Is the Biggest Cause of Inequality in America, but Gets the Least Attention
Government policies are to blame for the United States having the world’s highest rate of children living in single-parent households.
By VERONIQUE de RUGY
||Opinion (Columnists)
America’s Debt Crisis Is Inseparable From Its Health Care Spending Woes
An inconvenient truth that virtually every major political proposal is designed to avoid.
By VERONIQUE de RUGY
||Opinion (Columnists)
Clearing Up Delusions About Taxes and Spending, Now That April 15 Is Behind Us
Americans spend almost as much time filing their taxes as they do arguing about them — often based on myths.
By VERONIQUE de RUGY
||Opinion (Columnists)
Trump’s Budget Fails To Put America on a Sustainable Fiscal Path
It would be a mistake, though, to dismiss it as just another unserious document
By VERONIQUE de RUGY
||Opinion (Columnists)
The World Bank Goes Populist, Endorsing Industrial Policy Across the Globe
This is a significant reversal for an institution that spent decades pushing developing nations toward fiscal discipline, open trade, and market liberalization.
By VERONIQUE de RUGY
||Opinion (Columnists)
How To Prevent Iran War’s Price Tag From Swelling America’s National Debt
The cost of the military operation, including interest, is likely to run to some $300 billion.
By VERONIQUE de RUGY
||Opinion (Columnists)
Arguing for a Wealth Tax, Liberals’ Math Fails To Add Up
By driving high earners out permanently, the most likely ‘net present value’ of California’s proposed wealth tax is negative $24.7 billion.
By VERONIQUE de RUGY
||Opinion (Columnists)
Democrats’ Calls To Tax the Rich Overlook Urgent Need To Tame Reckless Government Overspending
There’s a hard empirical ceiling on how much revenue the government can actually extract, regardless of what tax rates it sets.
By VERONIQUE de RUGY
||Opinion (Columnists)
Tax Reform Is the Prescription for the Soaring Cost of Health Care
The core structural problem is that the person receiving care is almost never the person actually paying for it.
By VERONIQUE de RUGY
||Opinion (Columnists)
Four Fallacies Behind Trump’s Post-SCOTUS-Ruling Tariffs
The trade war isn’t ending. It’s just changing ZIP codes.
By VERONIQUE de RUGY
||Opinion (Columnists)
Federal Budget Watchdog’s Warning on Debt Tees Up a Choice Between Reform and Disorder
The cost of paying the interest on federal borrowing is now the central story, and it’s a grim one.
By VERONIQUE de RUGY
||Opinion (Columnists)