John Stossel

Want to pay no federal income tax? Move to Puerto Rico. Really. If you move to the island, you can legally pay none. There's also no capital gains tax. You just have to give 4% of your income to Puerto Rico. The tax break was started by a Puerto Rican politician who'd watched years of high taxes fail to improve life on the island. He decided to try something different.

How can it be that with so much cattle in America, we sometimes can't buy meat? At the beginning of the pandemic, Costco, Wegmans and Kroger limited purchases of beef. Hundreds of Wendy's outlets ran out of hamburgers. “How the hell can this be?” says Rep. Thomas Massie, R-Ky., in my new video. “They (Wendy's) were out of hamburger, yet you could see cattle from the drive-thru!” It happens…

Some Western leaders envy dictators' powers. President Donald Trump said, when North Korea's Kim Jong-un speaks, “his people sit up at attention. I want my people to do the same.” President Barack Obama told reporters it would be so much easier to be the president of China. Canada's foolish Prime Minister, Justin Trudeau, said he admires China because “their basic dictatorship is allowing them…

Rents have reached record highs. But have no fear, renters! In the Minnesota cities of St. Paul and Minneapolis, progressives persuaded people to vote for rent control. That'll punish those greedy landlords! Except, profits are what persuade builders to build things. When profits are high, other builders build. That's what creates more housing and, eventually, lower rents. Put limits on prices…

Parents still struggle to find baby formula. The left and most media (sorry, same thing?) blame “corporate power run amok.” House Speaker Nancy Pelosi says, “There might be a need for indictment!” They blame Abbott Laboratories, because it shut down a Similac plant. The Food and Drug Administration says unsanitary conditions led to deaths of two infants, but Abbott denies that its formula…

Planning to fly this summer? Good luck. Delays are up. Cancellations, too. Why? Because of the pilot shortage. A pilot shortage? How can this be? Flying is a popular job. Some people fly small planes just for fun. Why aren't there enough commercial pilots? Because the government passed another dumb law. In 2009, after a Colgan Air crash near Buffalo, New York, killed 50 people, Congress…

The price of gas keeps rising. “The reason for that is because of Putin's war,” said President Joe Biden. But that's impossible. Most of the price rise came before Putin attacked Ukraine. So some politicians simply blame “corporate greed.” Sen. Sheldon Whitehouse accuses the oil industry of collecting “excess profit.” Sen. Elizabeth Warren even introduced a bill to ban “price…

Activists have convinced Americans that “organic” food is better -- healthier, better-tasting, life-extending. As a result, poor parents feel guilty if they can't afford to pay $7 for organic eggs. This misinformation is spread by people like Alexis Baden-Mayer, political director of the Organic Consumers Association. She says organic food is clearly better: “The nutrition is a huge difference…

Did you know that in some states, if you miss one tax payment, local politicians will take your home, sell it and keep all the profits? Really. Tawanda Hall was behind on her taxes. She was on a payment plan but had missed $900. She didn't expect Southfield, Michigan, to take her entire house because of that. It was worth $286,000 more than what she owed. “I'm still in shock,” says Tawanda…

I love Wikipedia. I donated thousands of dollars to the Wikimedia Foundation. Before Wikipedia, all we had were printed encyclopedias -- out of date by the time we bought them. Then libertarian Jimmy Wales came up with a web-based, crowd-sourced encyclopedia. Crowd-sourced? A Britannica editor called Wikipedia “a public restroom.” But Wales won the battle. Britannica's encyclopedias are no…

The media's ignorance about basic economics is galling. I expect it from politicians. I expect it from The New York Times. But it's sad to see in the New York Post, my town's rare alternative to Democrat media. Recently the tabloid freaked out over higher prices imposed by ride-share companies. “New Yorkers are fed up with forking over excessive amounts for Uber and Lyft…

Bookstores now sell only certain kinds of children’s books. “Go into Barnes & Noble,” says Bethany Mandel in my new video, “and you will be met with a wall of biographies. Probably 27 different books about former Supreme Court justice Ruth Bader Ginsburg. Great. A ton about Kamala Harris. Great.” But where are the biographies on conservatives? There weren’t any. She found lots on people…

President Joe Biden says he never talked business with his son. Maybe he didn't. Maybe that Ukrainian gas company paid Hunter Biden half a million dollars because he has unique business skills that no one else noticed. It's possible. But unlikely. Now a Justice Department investigation may tell us whether Hunter is a sleazy opportunist who broke the law and whether his father knew, or even…

Millions flee Ukraine. Where will they go? Some want to come to America. But doing that legally is hard. A complex system is supposed to determine which people deserve to get in line to get in. “The line is broken,” explains Reason Magazine editor at large Matt Welch in my new video. For example, America has a nursing shortage, but immigration authorities turn away foreign nurses.