Tax Resistance and the Birth of the American Revolution
On April 18, 1689, eighty-six years and a day before the “shot heard ‘round the world” at Lexington and Concord, the people of Boston and surrounding towns rose up and overthrew the royal governor in a rebellion against taxation and arbitrary power. It was no mere...
The Supreme Court Was Wrong About Taxes
Along with some good decisions, Supreme Court justices made some mistakes in the term just ended. One mistake involved taxes—and it is likely to bedevil the court in future cases. Moore v. United States posed the question of whether Congress could tax corporate...
How the Federal Reserve Backstops the Biggest Government in History
The Federal Reserve is the engine that drives the biggest government in history. Without the central bank’s machinations, the U.S. government wouldn’t be able to borrow and spend to the extent that it does. Congress wouldn’t be able to sustain...