When President Grover Cleveland tried to implement an income tax in 1894, the Supreme Court declared it to be unconstitutional because it violated Article 1, Section 2 of the Constitution, which says taxes must be levied in proportion to a state’s population. In response, the supporters of income taxation passed the Sixteenth Amendment, ratified...
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Selective excise taxes may raise revenue for the public sector by targeting the consumption of things that elites disdain, but they do not save millions of lives.

Backing down on the wall and blaming it on the Democrats will cost him nothing politically.

President Trump is going back on his campaign promise of making Mexico pay for “the wall”.

With polarization has come intolerance: people abandon their friends and family when they seem to have the wrong political views.

Special interest politics is behind the Supreme Court’s decision.

Blight, the Yale historian, is hardly unique in his misrepresentation of the classical liberal tradition.

As 2017 was rushing to its end, the U.S. House and Senate passed different versions of income tax reform legislation, one of the Trump Administration’s top policy priorities. If a reconciled bill emerges from conference committee and is approved by majorities in both chambers of Congress before year’s end, the legislative effort would fulfill...
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The House and Senate have each passed their versions of a tax reform bill. Those bills now go to a conference committee consisting of members of the House and Senate to reconcile their (minor) differences so that both houses can vote on and pass the same bill. The conference committee is just a formality....
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It appears the Congress is getting closer to passing a tax reform bill. While there are differences between the current House and Senate versions, they are close enough that it is easy to see that they can be reconciled and tax reform legislation can be passed this year. Reform on the individual income tax...
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