Tag Archives: politics

How many members of Congress have read Profiles in Courage?

This is an unfortunately timeless paragraph from John F. Kennedy’s Pulitzer Prize winning Profiles in Courage: “Today the challenge of political courage looms larger than ever before. For our everyday life is becoming so saturated with the tremendous power of mass communications that any unpopular or unorthodox course arouses a storm of protests such as [...]

Is US Tax Policy Really Progressive?

An article in this week’s issue of The Economist compared tax policies across a number of countries. Specifically, the article looked at the way countries’ tax revenues were sourced from income, consumption, and property taxes. Apparently, the US is the only industrial country without a VAT (value added tax) on products. The Economist claims this [...]