Editors at Issues and Insights ponder a potential seismic shift in federal tax policy. The federal income tax is abusive. It is inconsistent with liberty. It has, as Chief Justice John Marshall noted, the power to destroy.…
At a hearing in Albany last week, New York City Mayor Zohran Mamdani lobbied state lawmakers to help him balance the city’s finances with a two-percentage-point hike in the city’s income tax on people making over $1 million.…
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