![Stephen Moore speaking at Americans for Prosperity Foundation event in 2008](https://upload.wikimedia.org/wikipedia/commons/1/1c/Stephen_Moore_speaking_at_Americans_for_Prosperity_Foundation_event_in_2008.jpg)
Stephen "Steve" Moore (born February 16, 1960) is an American conservative writer and television commentator on economic issues. He co-founded and served as president of the
Club for Growth
The Club for Growth is a 501(c)(4) conservative organization active in the United States, with an agenda focused on cutting taxes and other economic policy issues. Club for Growth's largest funders are the billionaires Jeff Yass and Richard U ...
from 1999 to 2004. Moore is a former member of the ''
Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'' editorial board. He worked at the
Heritage Foundation
The Heritage Foundation (abbreviated to Heritage) is an American conservative think tank based in Washington, D.C. that is primarily geared toward public policy. The foundation took a leading role in the conservative movement during the preside ...
during the period from 1983 to 1987 and again since 2014. Moore advised Herman Cain's 2012 presidential campaign and
Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021.
Trump graduated from the Wharton School of the University of P ...
's 2016 presidential campaign.
Moore advocates tax cuts and other
supply-side policies. Moore's columns have appeared in outlets such as the ''
Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'', ''
The Washington Times
''The Washington Times'' is an American conservative daily newspaper published in Washington, D.C., that covers general interest topics with a particular emphasis on national politics. Its broadsheet daily edition is distributed throughou ...
'', ''
The Weekly Standard
''The Weekly Standard'' was an American neoconservative political magazine of news, analysis and commentary, published 48 times per year. Originally edited by founders Bill Kristol and Fred Barnes, the ''Standard'' had been described as a "re ...
'' and ''
National Review
''National Review'' is an American conservative editorial magazine, focusing on news and commentary pieces on political, social, and cultural affairs. The magazine was founded by the author William F. Buckley Jr. in 1955. Its editor-in-chief ...
''. Along with
Larry Kudlow
Lawrence Alan Kudlow (born August 20, 1947) is an American conservative television personality and financial program host for the Fox network who served as the Director of the National Economic Council during the Trump Administration from 2018 ...
, Moore advised the Trump administration during the writing and passage of the
Tax Cuts and Jobs Act
The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, , is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs A ...
. On March 15, 2019, President Donald Trump announced that Moore would be nominated to serve as a
governor
A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political ...
of the
Federal Reserve
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a ...
. On May 2, 2019, Moore withdrew his name from consideration amid bipartisan resistance in the Senate.
Education
Moore grew up in
New Trier Township, Illinois. He attended Saints Faith Hope & Charity School in
Winnetka and graduated from
New Trier High School in 1978. He received a
Bachelor of Arts
Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four year ...
(B.A.) from the
University of Illinois at Urbana–Champaign
The University of Illinois Urbana-Champaign (U of I, Illinois, University of Illinois, or UIUC) is a public land-grant research university in Illinois in the twin cities of Champaign and Urbana. It is the flagship institution of the Univer ...
and a
Master of Arts
A Master of Arts ( la, Magister Artium or ''Artium Magister''; abbreviated MA, M.A., AM, or A.M.) is the holder of a master's degree awarded by universities in many countries. The degree is usually contrasted with that of Master of Science. Th ...
(M.A.) in
economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes ...
from
George Mason University.
Career
From 1983 to 1987, Moore served as the Grover M. Hermann Fellow in Budgetary Affairs at the
Heritage Foundation
The Heritage Foundation (abbreviated to Heritage) is an American conservative think tank based in Washington, D.C. that is primarily geared toward public policy. The foundation took a leading role in the conservative movement during the preside ...
. In 1987, Moore was the research director of President
Ronald Reagan's Privatization Commission. Moore spent ten years as a fellow of the
Cato Institute
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch Ind ...
, a
libertarian think tank
A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmenta ...
.
As senior economist of the
U.S. Congress Joint Economic Committee under Chairman
Dick Armey
Richard Keith Armey (; born July 7, 1940) is an American economist and politician. He was a U.S. Representative from Texas's (1985–2003) and House Majority Leader (1995–2003). He was one of the engineers of the "Republican Revolution" of t ...
of
Texas
Texas (, ; Spanish: ''Texas'', ''Tejas'') is a state in the South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by ...
, Moore was said to be "instrumental in creating the
FairTax proposal".
In 1999, Moore co-founded and became president of the
Club for Growth
The Club for Growth is a 501(c)(4) conservative organization active in the United States, with an agenda focused on cutting taxes and other economic policy issues. Club for Growth's largest funders are the billionaires Jeff Yass and Richard U ...
, a group advocating tax cuts and a reduction in government spending, along with supporting political candidates who favored free-market economic policies.
While president of the group, Moore targeted "
Republicans in Name Only" whom he viewed as not aligned with his anti-tax views; he criticized Republican Senators who did not readily embrace tax cuts, including
Arlen Specter
Arlen Specter (February 12, 1930 – October 14, 2012) was an American lawyer, author and politician who served as a United States Senator from Pennsylvania from 1981 to 2011. Specter was a Democrat from 1951 to 1965, then a Republican fr ...
,
Olympia Snowe
Olympia Jean Snowe (; born February 21, 1947) is an American businesswoman and politician who was a United States Senator from Maine from 1995 to 2013. Snowe, a member of the Republican Party, became known for her ability to influence the outcom ...
, and
George Voinovich.
At the Club for Growth, Moore sought to change the Republican party and in a 2003 interview said, "We want to take over the party's fund-raising. We want it to be, in 10 years, that no one can win a Senate or a House seat without the support of the Club for Growth."
From 2003 to 2004, the Club for Growth was the single largest fundraiser for Republican House and Senate candidates, only being outdone by the Republican party itself.
In December 2004, the Club for Growth's board voted to remove Moore as president, with his opponents within the organization upset by his criticism of
President George Bush and by the narrow defeat of
Senator Pat Toomey, who had the group's support. After Moore's departure, lawyers for the group sent letters to him and members of his new organization, the Free Enterprise Fund, threatening legal action for allegedly stealing the group's mailing list to raise funds for his new organization; Moore's partner
Mallory Factor stated the list was acquired elsewhere.
After he left the Club for Growth, Moore founded the
501(c)(4)
A 501(c) organization is a nonprofit organization in the federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501(c)) and is one of over 29 types of nonprofit organizations exempt from some federal income taxes. ...
Free Enterprise Fund with other former Club for Growth members including
Arthur Laffer
Arthur Betz Laffer (; born August 14, 1940) is an American economist and author who first gained prominence during the Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–1989). Laffer is best known for the La ...
and Mallory Factor.
In 2005, Moore left the Free Enterprise Fund to serve on the editorial board of the ''
Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
''.
On September 19, 2005, the
Federal Election Commission
The Federal Election Commission (FEC) is an independent regulatory agency of the United States whose purpose is to enforce campaign finance law in United States federal elections. Created in 1974 through amendments to the Federal Election Cam ...
(FEC) filed suit against the Club For Growth, alleging that the group had failed to register as a
political action committee in the 2000, 2002, and 2004 election cycles "despite spending millions of dollars on federal campaign activity during the 2000, 2002, and 2004 election cycle." In 2007, the FEC and the Club for Growth agreed to settle the lawsuit, paying $350,000.
Moore was involved with the consulting firms Arduin, Laffer & Moore Econometrics, and 32 Advisors. In May 2015, Moore co-founded the advocacy group Committee to Unleash American Prosperity with Laffer,
Larry Kudlow
Lawrence Alan Kudlow (born August 20, 1947) is an American conservative television personality and financial program host for the Fox network who served as the Director of the National Economic Council during the Trump Administration from 2018 ...
, and
Steve Forbes
Malcolm Stevenson Forbes Jr. (; born July 18, 1947) is an American publishing executive and politician who is the editor-in-chief of ''Forbes'', a business magazine. He is the son of longtime ''Forbes'' publisher Malcolm Forbes and the grandso ...
.
Moore advised
Herman Cain, a former presidential candidate and business executive, on his
9-9-9 Tax Plan for his
2012 presidential campaign.
In 2014, the
Heritage Foundation
The Heritage Foundation (abbreviated to Heritage) is an American conservative think tank based in Washington, D.C. that is primarily geared toward public policy. The foundation took a leading role in the conservative movement during the preside ...
announced that Moore would rejoin the think tank as chief economist.
Since March 2015 his profile on the Heritage website has described him as a "Distinguished Visiting Fellow."
In 2017, Moore worked with
Larry Kudlow
Lawrence Alan Kudlow (born August 20, 1947) is an American conservative television personality and financial program host for the Fox network who served as the Director of the National Economic Council during the Trump Administration from 2018 ...
on overhauling the US tax policy for the Trump administration, which was eventually passed into law by Congress.
In 2017, he left
Fox News Channel to join
CNN
CNN (Cable News Network) is a multinational cable news channel headquartered in Atlanta, Georgia, U.S. Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel, and presently owned by ...
as a senior economic analyst, leaving that position in early 2019.
Writings and statements
In July 2008, as the Fed had for months been rapidly cutting interest rates as the economy weakened into what became the
Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At ...
, Moore stated, "I happen to believe we should be raising rates, not cutting them."
Moore supports abolishing the income tax, and replacing it with a national sales tax.
Moore rejects the
scientific consensus on climate change. In 2009, he described
climate change
In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to ...
as "the biggest scam of the last two decades." In columns and
op-eds, Moore called those with concerns about climate change "Stalinistic" and has accused
climate scientists of being part of a global conspiracy to obtain money via research grants. In an April 2019 interview, Moore said that the Federal Reserve should not consider the
economic impacts of climate change
The economic impacts of climate change vary geographically and are difficult to forecast exactly. Researchers have warned that current economic, may seriously underestimate the effects of climate change, and point to the need for new models that g ...
in decision making.
Moore wrote a 2014 ''Kansas City Star'' opinion piece entitled, "What's the matter with
Paul Krugman
Paul Robin Krugman ( ; born February 28, 1953) is an American economist, who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for ''The New York Times''. In 2008, Krugman was ...
?," responding to Krugman's earlier opinion piece "Charlatans, Cranks and Kansas," which had discussed a recent major tax cut in Kansas. Moore said that job creation had been superior in low-taxation states during the five years ending June 2009 following the recession. After errors were found in Moore's data, he sought to correct the errors with different data that were also incorrect. Miriam Pepper, editorial page editor for the ''Star'' stated "I won't be running anything else from Stephen Moore."
In a 2014 op-ed in the Washington Times, Moore cited the role of a "culture of virtue" in America's economic success, writing, "What is irrefutable is that marriage with a devoted husband and wife in the home is a far better social program than food stamps, Medicaid, public housing or even all of them combined."
Moore has often expressed support for some variation of a gold standard. In 2015 he declared, "We have got to get rid of the Federal Reserve and move towards a gold standard in this country!" Few economists support a gold standard.
During a 2016 debate on the minimum wage, Moore stated, "I'm a radical on this. I'd get rid of a lot of these child labor laws. I want people starting to work at 11, 12."
Moore served as one of the top economic advisers to
Donald Trump's 2016 presidential campaign.
Moore is known to be a strong supporter of President Trump.
In 2018, Moore and Laffer wrote the book ''
Trumponomics'', in which they lauded the Trump administration's economic policies
and criticized the economic performance of the
George W. Bush
George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he ...
years. Trump endorsed the book in a March 2019 tweet. In the book, Moore and Laffer argue that the Trump administration's 2017 tax plan would raise GDP growth rates to as much as 6% and not increase budget deficits.
In a 2019 review of the book, conservative
N. Gregory Mankiw
Nicholas Gregory Mankiw (; born February 3, 1958) is an American macroeconomist who is currently the Robert M. Beren Professor of Economics at Harvard University. Mankiw is best known in academia for his work on New Keynesian economics.
Mankiw h ...
, an economics professor at Harvard University and head of the
Council of Economic Advisors
The Council of Economic Advisers (CEA) is a United States agency within the Executive Office of the President established in 1946, which advises the President of the United States on economic policy. The CEA provides much of the empirical resea ...
under President George W. Bush, described the book as "snake-oil economics," writing that Moore and Laffer's analysis was based on "wishful thinking" rather than "the foundation of professional consensus or serious studies from peer-reviewed journals."
Moore asserted in a December 2018 appearance on CNN that the Federal Reserve was causing deflation in the economy, although Commerce Department data showed there was consistent inflation.
In April 2019 Moore asserted deflation was "the whole reason the economy was so poor in late 2018," although inflation was 2.2% in the fourth quarter of 2018.
In September 2018, Moore wrote a ''Wall Street Journal'' opinion piece entitled, "The Corporate Tax Cut Is Paying for Itself," in which he asserted that "faster-than-expected growth has produced a revenue windfall." Corporate tax receipts for the fiscal year ended September 2018 were down 31% from the prior fiscal year, the largest decline since records began in 1934, except for during the
Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At ...
when corporate profits, and hence corporate tax receipts, plummeted.
In February 2019, Moore stated, "There's no bigger swamp in Washington than the Federal Reserve Board. It's filled with hundreds of economists who are worthless, who have the wrong model in their mind. They should all be, they should all be fired and they should be replaced by good economists."
Before his nomination to the Federal Reserve Board, in late December 2018 Moore stated, while on a radio talk show, that he believed "the people on the Federal Reserve Board should be thrown out for economic malpractice".
On March 13, 2019, Moore co-authored a column in the ''Wall Street Journal'' which asserted that the
Federal Reserve
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a ...
's policies were slowing the economy and causing "wild swings in the stock market," at a time the Dow was up 13% for the year. He also asserted that the Fed should focus more on commodities price changes rather than overall price changes.
Larry Kudlow
Lawrence Alan Kudlow (born August 20, 1947) is an American conservative television personality and financial program host for the Fox network who served as the Director of the National Economic Council during the Trump Administration from 2018 ...
, the Director of the U.S.
National Economic Council, showed the article to President Trump, who decided he wanted to place Moore on the Federal Reserve Board.
Moore called for higher interest rates when the economy was recovering from the Great Recession under Barack Obama, but has called for lower rates when the economy has fully recovered and continues to grow under Donald Trump.
Moore stated in August 2018, "I have to confess: I was wrong about inflation in 2009 and 2010. I thought there would be a lot of inflation with the Fed lowering rates to practically zero, and that was wrong."
In April 2020, Moore referred to individuals who protested stay-at-home orders during the coronavirus pandemic as "the modern-day Rosa Parks — they are protesting against injustice and a loss of liberties." He ran a group named Save Our Country, which argued for the reopening of the economy amid the coronavirus pandemic. Moore argued against coronavirus relief in the form of unemployment benefits, arguing that "giving people money" was not an
economic stimulus
In economics, stimulus refers to attempts to use monetary policy or fiscal policy (or stabilization policy in general) to stimulate the economy. Stimulus can also refer to monetary policies such as lowering interest rates and quantitative easi ...
.
More said, if it were true that it was stimulus, "we could just give everybody $100,000 and we'd all be rich right? It’s just so stupid."
Unsuccessful nomination to Federal Reserve Board
Nomination
On March 22, 2019, Trump announced he would nominate Moore to fill one of the two vacant seats at the
Federal Reserve Board of Governors
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the m ...
.
After the nomination was announced, Moore stated "I’m kind of new to this game, frankly, so I’m going to be on a steep learning curve myself about how the Fed operates, how the Federal Reserve makes it decisions, and this is a real, exciting opportunity for me."
Reactions
Democratic Senators denounced Moore as unqualified for the post, and called upon Trump to drop the nomination.
[Alan Rappeport, Jim Tankersley & Glenn Thrush]
Stephen Moore;s Unpaid Taxes Underscore Trump’s Vetting Woes
''New York Times'' (March 28, 2019). Democrats also criticized Moore over an unpaid $75,000 tax lien entered against him.
Though some key Republican senators expressed support for Moore's nomination, including members of the
Senate Banking Committee
The United States Senate Committee on Banking, Housing, and Urban Affairs (formerly the Committee on Banking and Currency), also known as the Senate Banking Committee, has jurisdiction over matters related to banks and banking, price controls, ...
, enough Republican senators voiced concerns about Moore to place his confirmation in jeopardy.
Republican senator
Richard Shelby said, "I've always said they could use diversity, you don’t need to be a Nobel laureate or University of Chicago professor."
The nomination stirred immediate criticism by economists,
and was widely viewed as the most political appointment to the Federal Reserve Board since the 1980s.
Benn Steil, director of international economics for the
Council on Foreign Relations, stated he found the decision appalling.
Monetary economist
George Selgin stated he believed Moore was unfit to serve on the Board.
Economist
Justin Wolfers
Justin James Michael Wolfers, born in 1972, is an Australian economist and public policy scholar. He is professor of economics and public policy at the Gerald R. Ford School of Public Policy at the University of Michigan, and a Senior Fellow at ...
called the selection of Moore "the first genuinely bad Trump pick for the Fed" and called on the Senate not to confirm Moore.
Harvard economics professor
Greg Mankiw
Nicholas Gregory Mankiw (; born February 3, 1958) is an American macroeconomist who is currently the Robert M. Beren Professor of Economics at Harvard University. Mankiw is best known in academia for his work on New Keynesian economics.
Mankiw ...
said that Moore "does not have the intellectual gravitas" for the position.
Economist Menzie Chinn noted that Moore has not authored or co-authored any peer-reviewed journal articles.
In April 2019, 105 professors, former government officials and analysts signed a one-sentence letter expressing support for Moore's candidacy for the Federal Reserve Board. Signatories included
Steve Forbes
Malcolm Stevenson Forbes Jr. (; born July 18, 1947) is an American publishing executive and politician who is the editor-in-chief of ''Forbes'', a business magazine. He is the son of longtime ''Forbes'' publisher Malcolm Forbes and the grandso ...
,
Ed Feulner, and Bill Ford, the former President of the
Federal Reserve Bank of Atlanta
The Federal Reserve Bank of Atlanta, (informally referred to as the Atlanta Fed and the Bank), is the sixth district of the 12 Federal Reserve Banks of the United States and is headquartered in midtown Atlanta, Georgia.
The Atlanta Fed cover ...
. Endorsements for Moore's nomination also came from his long-time collaborator
Larry Kudlow
Lawrence Alan Kudlow (born August 20, 1947) is an American conservative television personality and financial program host for the Fox network who served as the Director of the National Economic Council during the Trump Administration from 2018 ...
, who recommended the appointment,
and from Adam Brandon, president of the conservative advocacy group
FreedomWorks
FreedomWorks is a conservative and libertarian advocacy group based in Washington, D.C. FreedomWorks trains volunteers, assists in campaigns, and encourages them to mobilize, interacting with both fellow citizens and their political representat ...
.
Moore's former employer, ''The Wall Street Journal'' editorial board, endorsed Moore for the Fed on March 28, 2019. In an appearance on
Fox Business Network
Fox Business (officially known as Fox Business Network, or FBN) is an American business news channel and website publication owned by the Fox News Media division of Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenu ...
, political commentator
Charlie Gasparino
Charles Gasparino is an American journalist, blogger, occasional radio host. He frequently serves as panelist on the Fox Business Network program segment '' The Cost of Freedom'' and the stocks/business news program ''Cashin' In''.
Early life and ...
described Steve Moore as "the counterweight to
hair of the Federal Reserve JeromePowell’s hawkishness." Journalist
Fred Barnes defended Moore as "a disrupter, like Trump."
In April 2019, CNN and ''The New York Times'' reported on several articles Moore had written in the ''
National Review
''National Review'' is an American conservative editorial magazine, focusing on news and commentary pieces on political, social, and cultural affairs. The magazine was founded by the author William F. Buckley Jr. in 1955. Its editor-in-chief ...
'' in the early 2000s that disparaged women, which Moore dismissed as spoofs or jokes. ''The Times'' reported, "Congressional Republicans say
oore's views on interest rates and the gold standardare less likely to impede Mr. Moore’s confirmation prospects than concerns over his personal life and past statements."
Moore's call on the Federal Reserve to lower interest rates was also controversial. Lowering interest rates was supported by Trump but opposed by Fed chairman Powell and other policymakers at the time. The Federal Reserve later lowered rates by a quarter of a percent in September 2019 and again the next month. Moore reacted by calling it "an example of where I was right, and where my critics were wrong."
Withdrawal and aftermath
On May 2, 2019, Moore withdrew his name from consideration, saying "The unrelenting attacks on my character have become untenable for me and my family and 3 more months of this would be too hard on us." Following his withdrawal, Moore penned an op-ed in the
''Wall Street Journal'' where he decried his critics, writing, "What did me in was not my economic ideas but gutter campaign tactics and personal assaults." Some Senate Republicans expressed relief that they would not have to cast a vote for or against him, because of his history of remarks deprecating women as well as a concern that he would not be independent of the White House.
After his nomination was withdrawn, Moore returned to his previous positions with FreedomWorks, The Heritage Foundation, and Committee to Unleash Prosperity. Additionally, Moore became chief economic officer of Frax, a cryptocurrency company that branded itself "the world’s decentralized central bank."
Personal life
Moore was married to Allison Moore until 2011.
In 2012, a
Virginia
Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the Atlantic Coast and the Appalachian Mountains. The geography and climate of the Commonwealth ar ...
court held Moore in
contempt of court for failing to pay his ex-wife $300,000 in spousal support, child support and other obligations in his divorce settlement.
Moore did not respond to repeated court requests to make payments and failed to appear for a deposition before the court threatened to have him arrested and ordered him to sell his home to make the payments; the court revoked the order at Moore's request after he made a $217,000 payment.
In January 2018, the
IRS
The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax ...
obtained a
tax lien
A tax lien is a lien which is imposed upon a property by law in order to secure the payment of taxes. A tax lien may be imposed for the purpose of collecting delinquent taxes which are owed on real property or personal property, or it may be ...
against Moore for $75,328 in unpaid federal taxes, interest and penalties, alleging Moore had filed a "fraudulent" tax return in 2014. Moore contended that his accountant made an error in improperly deducting child support payments and that the lien was the result of an IRS miscalculation,
though Moore claims to have paid the lien and Montgomery County, Maryland Circuit Court records show the case is closed. In addition to the child support payments, the IRS also disallowed other deductions Moore had claimed.
Moore has three sons
and as of 2019, is married to Anne Carey.
Selected bibliography
* ''Trumponomics: Inside the America First Plan to Revive Our Economy,'' with
Arthur B. Laffer. (All Points Books, 2018)
* ''Crash Landing: How Bush, Bernanke, Pelosi and Obama Have Wrecked the U. S. Economy (And How To Salvage America's Future)(Audio CD)''(Blackstone Audio, 2014)
* ''The End of Prosperity'' with
Arthur B. Laffer and Peter Tanous (
Threshold Editions
Threshold Editions is an imprint of publishers Simon & Schuster, a division of ViacomCBS, specializing in conservative non-fiction. The publisher is Louise Burke; Mary Matalin was its founding editor-in-chief.
Threshold Editions was founded to ...
, 2008)
* ''Bullish On Bush: How George Bush's Ownership Society Will Make America Stronger'' (Madison Books, 2004)
* ''It's Getting Better All the Time: 100 Greatest Trends of the Last 100 Years'' with
Julian L. Simon (Cato Institute, 2000)
* (editor) ''Restoring the Dream: What House Republicans Plan to Do Now to Strengthen the Family, Balance the Budget, and Replace Welfare'' (Times Mirror, 1995).
* ''Still an Open Door? U.S. Immigration Policy and the American Economy'' (American University Press, 1994)
* ''Privatization: A Strategy for Taming the Deficit'' (The Heritage Foundation, 1988)
References
External links
*
{{DEFAULTSORT:Moore, Stephen
21st-century American economists
1960 births
George Mason University alumni
Living people
Supply-side economists
The Heritage Foundation
The Wall Street Journal people
University of Illinois Urbana-Champaign alumni
Writers from Chicago
Illinois Republicans
New Trier High School alumni