Daily Archives: October 7, 2013
Federal Income Tax: 100 Years Today
Alexander Hamilton won in the end. As Treasury Secretary in the 1790s he championed an array of “internal” taxes to supplement federal revenues from import tariffs. Thomas Jefferson despised Hamilton’s internal taxes as assault on liberty, and when elected in 1800 he made sure that they were abolished.
Why the Government Shutdown Is a Welcome Development
With the partial government shutdown now in its fifth day, the rhetoric among Democrats and among the pro-Beltway mainstream media has reached a fever pitch, with the leaders of the Republican opposition…
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