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In the 1940s and putting together the concept of income we now use today under the income tax they were neglecting the adverse effect on the labor force and it wasnt unknown. The godfather of the income tax henry simons and one of the two leading godfathers admitted that it would damage the economy and his current disciples dont want you to remember that or theyve forgotten it. Heres what simons said about Income Taxation. Income taxation is broadly an instrument of economic control. A means of mitigating economic inequality which well assume that moderation of inequality is an important objec...

I would like to welcome you to the Supreme Court Institute Spring book fair. When i was a kid i looked forward to my School Book Fair and now i am lapy in the position i get to go to the law school one. Here i want to thank Anthony Franze especially for coming up with the idea and recruiting this wonderful panel on authors. Really looking forward to hearing about books i will actually want to read. Not mocking law articles or briefs but it is starting to get old so i am looking forward to hearing what these folks have come up with. We have tony mauro here to led the discussion. We has been cov...

Care, a new tax code and getting our Monetary System back on track for the first time in almost half a century. Steve forbes, live on booktvs indepth sunday june 5th, noon eastern time. Peter ferraras newest book is called power to the people. Is it possible to reform the entitlement programs politically . Yes, only the way described in this book. It is possible. These reforms are positive, poplar, progrowth, the book decides how to reform every major entitlement program. Social security, medicare, welfare, obamacare, medicaid, medicare. This is based on 30 years of experience starting with th...

The last theres been a lot of talk about over last generation, the last 40 years really highlights the challenges of measuring economic values. A lot of people take the view that there hasnt been much progress, much growth in incomes, economic stagnation over that period of time. And i often try to put the lie to that assertion by asking people to whether theyre low income, middle income, high income, raise your hand if you wanting to back to 1975 and there usually arent a lot of takers. But one think is undeniable is we have been living through a period of economic stagnation and im peter and...

According to investigative files obtained by cnn, German Authorities not only knew he had contacts with these proisis operatives but that he had spoken several times about launching attacks in germany. Now the manhunt is on not just for him but anyone who may have helped him slip away. Evan perez is with me, our cnn justice correspondent so evan what specifically did the u. S. Know about this guy and what did they do about it . Well, brooke, what they first did was put him on a no fly list. This is based on information they were able to give them from their counterparts in germany, german inte...