Income Facts: Work Pays

Those for whom indignation is a way of life often inform us of the fact that families or households in the top 10 or 20 percent in income make far more money than people in the bottom 10 or 20 percent in income. What they almost never inform us of are how much money...

Ending the Double Taxation of Dividends

If President Bush and his team want a great argument to support their proposed elimination of the unfair double taxation of dividends and retained earnings, they should look to an excellent column in the “Week In Review” section of last month’s New...

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!”...