Income Tax Turns 100 Years Old

Yes, it was indeed 100 years ago Sunday that the House passed a resolution to send the 16th Amendment to the states for ratification, thereby establishing the federal income tax.
Since then, teenage socialists everywhere quickly realized the sins of their ways the day they received their first paycheck….or, the percentage they were allowed to [...]

Another Day at the Office

Our video production guys at Cato put together an awesome video on the stimulus. In case you haven’t seen, we also ran a full page ad in all major newspapers showing that hundreds of economists  oppose the bailout.
Anyway, here’s what I’ve focused my day on today: