Are Property Taxes Regressive?

Local governments balance property taxes with sales taxes to reach its revenue objectives. Sales taxes are considered regressive since the poor consume a higher proportion of their income and thus pay a high portion of their income on sales taxes. States try to...

The Electoral College Reader

From Jeff Jacoby, In Defense of the Electoral College: It’s easy to score rhetorical points by claiming smugly that “the people chose Hillary Clinton,” but the American method of choosing a president has been in place for two centuries. The...

The Great Enrichment

from the Cato Policy Report, Deirdre McCloskey writes How Piketty Misses the Point: What caused the Great Enrichment? It cannot be explained by the accumulation of capital, as the very name “capitalism” implies. Our riches were not made by piling brick upon brick,...

Misguided Outrage On Campaign Finance Ruling

From The Cato Institute, A Free Speech Kind of Thing By John Samples This article appeared on Spectator.org, December 15, 2005. Excerpts: Eugene McCarthy’s campaign depended on two factors, shifting public opinion and money. Public support for the Vietnam War remained...