Why Our Education System Is Failing

Two unrelated events last week provide some clues as to why our education system is failing. First, Canada College in San Mateo, California, held a job fair — for kindergartners! Apparently there is nothing too silly to spend the taxpayers’ money on, even...

A Tax Plan Worse Than Nothing

The Bush administration is rapidly losing control of the tax legislative process. Its unwillingness to acknowledge that its plan needed to be totally rethought once a $350 billion revenue loss cap was imposed in the Senate has created an anarchic situation in...

It’s a Gas

Although he’s in Houston and I’m in Washington without one of those phone cams that the Iraq war made famous, I can see Marshall Adkins jumping up and down with enthusiasm. “Rigs are going to go berserk for the next five or six years!”...

Exempting Dividends from Taxation

President Bush’s plan to eliminate the double taxation of corporate profits, by exempting dividends from taxation, appears to be on life support. Even before his tax package was reduced from $726 billion to $550 billion in the House and $350 billion in the...