Income Tax

Texas has no income

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Texas has no income tax, which is a big draw for corporate executives who do business there. But it’s hardly tax-free. The property taxes are high for a Southern state. The sales taxes are high. One study found that the bottom 20 percent of the Texas population pays 12 percent of its income in state … Read more

Edmund Wilson was our

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Edmund Wilson was our greatest American literary critic because he was more than a literary critic: He was a fearless, even radical judge of the society he lived in. (See, for example, _A Piece of My Mind_; _The Cold War and the Income Tax_; the introduction to _Patriotic Gore_.) Our conventional critics cannot forgive him … Read more

Legal plunder can be

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Legal plunder can be committed in an infinite number of ways; hence, there are an infinite number of plans for organizing it: tariffs, protection, bonuses, subsidies, incentives, the progressive income tax, free education, the right to employment, the right to profit, the right to wages, the right to relief, the right to the tools of … Read more

Fewer and fewer people

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Fewer and fewer people are paying larger and larger percentage of the tax burden, as you know, almost half the people pay no income taxes at all. We’re going to have more people in the wagon than we got pulling the wagon before long and that’s not going to work. Those jobless numbers, you know, … Read more