The power to tax is the most ubiquitous of all government powers. It reaches directly or indirectly to all classes of people, all industries, all elements of society. Taxes always place at least some ...

Neither the US nor the UK, where the tax systems are among the oldest in the world—are similar in some ways, but in others they differ significantly. The tax systems of the US and the UK have much in ...

In his first State of the Union message, President Eisenhower promised to return the nation to the sane policy of living within its income, to reduce taxes “only as we show we can succeed in bringing ...

This past Monday was the 250th anniversary of the publication of Adam Smith’s profoundly impactful book, An Inquiry into the Nature and Causes of the Wealth of Nations. It’s too bad its brilliant—and ...

April 15 th is the day that every American is expected to have filed their federal income tax form. Some of us may have done it long before the deadline, some of us will wait until just before the ...