Serial: Taxes - How the Income Tax Began
When the Constitution was written and ratified, the only taxes allowed by America’s founding document were to pay the debt and provide for the common defense and general welfare. “Welfare” meant the general well-being of the people, not government handouts to people who didn’t work for a living. D…
Serial: Taxes - What is a "Fair" Income Tax Rate?
Americans hear the refrain “fair share” virtually every day from left-wing sources like socialist Bernie Sanders and progressive Hillary Clinton who believe businesses and the rich must pay their fair share of taxes. So what is the fair share for the wealthy? It’s nearly impossible to pin the left…
Serial: Taxes - The Reagan Years
During the presidential election of 1976, then president Gerald Ford and candidate Jimmy Carter battled over taxes in a debate. Carter’s class warfare argument resonated with enough Americans to help win the election. Under Carter, taxes remained over 70 percent for the wealthiest Americans while t…
Serial: Taxes - 2016 & the Candidates
Proponents of high income taxes have long had one undeniable problem: The facts are not on their side. When taxes go up, revenues go down. However, the answer to that problem for high taxation advocates is simple — ignore it. Instead, they change the argument and focus on fairness, playing on Ameri…