Taxing Times

October 28, 2008
By Thomas Sowell
Chief Justice John Marshall said it all in one sentence: “The power to tax is the power to destroy.”
It is not the money that is taxed away that is destroyed. What is destroyed is the wealth that does not get produced in the first place, because high taxes make its production [...]

Obama and the Law

One of the biggest and most long-lasting “change” to expect if Barack Obama becomes President of the United States is in the kinds of federal judges he appoints. These include Supreme Court justices, as well as other federal justices all across the country, all of whom will have lifetime tenure.