Robert Goulder and Joseph Thorndike of Tax Notes explore how America’s first tariffs shaped the nation’s fiscal policy and set the stage for today’s federal income tax.

The creator of a 2007 war game with eery similarities to what is happening now with Iran says it would have been nice if they had been run more recently.

Tech billionaires have upped their political ante in recent years. The latest cause d’action is the specter of a statewide vote on a billionaires tax in November. That proposal would impose a one-time ...

Sen. Bernie Sanders (I-Vt.) on Tuesday joined a rally in Los Angeles to push for California’s controversial wealth tax, which has been opposed by Gov. Gavin Newsom (D). “Enough is enough,” Sanders ...

A California Congressman hopes to end the mass exodus of California billionaires and trillions of dollare leaving the state by fighting a proposed wealth tax, which he labeled “fundamentally unfair.” ...

This is read by an automated voice. Please report any issues or inconsistencies here. Rep. Kevin Kiley says the proposed wealth tax would drive away California’s leading job creators. His proposal ...

A new political effort supported by the Google co-founder Sergey Brin and other Silicon Valley magnates is backing several ballot-measure campaigns aimed at undercutting a proposed wealth tax on ...

California’s largest transportation funding source, the fuel tax, is living on borrowed time. The growing number of fuel-efficient vehicles, hybrids and electric vehicles on the state’s roads means ...

Steve Forbes explains why California’s proposed one-time 5% tax on billionaires is wrongheaded and illustrates the awful consequences of a diminished U.S. dollar. California’s proposed wealth tax is ...