In the heated political debate that Americans are having about federal spending and revenue, advocates of higher taxes often cite the 1950s as a Golden Age. Then, it is claimed, the wealthy paid higher federal taxes and the system was fairer. A closer look at the facts, however, does not support this assertion.
full articleGlobal defence spending fell by 0.5% to $1.75 trillion last year. This is the first...
With the U.S.' deadline for filing income tax returns for 2012 upon us today, we thought it might...
The Obama administration proposes limiting the tax deductibility of retirement savings.
Though the United States has fewer women in the workforce (68 percent compared to Sweden’s...