February 11, 2013

No, according to Louis Michael Seidman. He wants to keep the government but toss the Constitution, arguing that it was written by a very specific set of people from a very different time period. So, rather than debate the merits of an issue, we debate what people who died a long time ago would’ve thought…

February 6, 2013

How well does Congress reflect the people it “serves” (“rules” might be a better word)? Not very well, it turns out. How else could lawyers make up 37% of the U.S. Congress, both now and in 1789? Not to pick on lawyers either…out of the 209 “businesspeople” in Congress, how many do you think are clerks, bakers,…

February 4, 2013

It’s been one hundred years since the modern income tax was created, via the 16th Amendment to the U.S. Constitution. Back then income tax rates ran from 1% for annual incomes over $3, 000 to 7% for annual incomes over $500,000 (that’s $11.6 million in today’s dollars!). Current tax rates run from 10% to 39.6%….