The Supreme Court had surprisingly bad news for billionaires today
Even this very conservative Court appears reluctant to blow up the federal government’s power to tax rich people.
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Even this very conservative Court appears reluctant to blow up the federal government’s power to tax rich people.
There are very strong arguments that the debt ceiling violates the Fourteenth Amendment.
The American economy today is mixed: It is partly free, vibrant, prosperous, and entrepreneurial—and partly unfree, obstructed, and lethargic. The free part is governed by the principles of our Founding and the U.S. Constitution, which safeguard private property and contract rights that permit us to gain, hold, use, and dispose of property. This legal structure has produced the most prosperous and innovative economy in human history.
States are turning back into “laboratories of democracy.”
In a little-noticed case on pork production, the justices could pare back the tools that California and other progressive states use to regulate a wide array of industries.