Twenty-one years and two months have passed since the last American helicopter left Saigon, leaving behind a war-torn country in the wake of a humiliating U.S. military defeat. For Americans who lived through that era, the casualty statistics are still haunting: more than 58,000 names grace the Vietnam Veterans Memorial in our nation's capital and Vietnamese casualties may have exceeded two million.
What could be wrong with a bill that promotes environmental protection, preserves a fundamental civil right and does so at minimal, if any, additional cost to the government? Plenty, according to some environmental extremists, most members of the Senate Democratic minority and the Clinton Administration.
Medical Savings Accounts (MSAs) give people a new way to pay for health care.
It's no wonder the 20th Century is called the "American Century." Not only was our nation triumphant in two World Wars, the 50-year Cold War, and the race into space, but it served as the beacon of hope and economic opportunity for the world.
After more than 30 years of the War on Poverty, the federal government has proven one thing: it does a bad job of dispensing welfare. Hardly anybody is happy with the result. However, there is a better alternative: taxpayer choice.
Recently released data from the Department of Commerce reveal that federal, state and local taxes consumed a record 31.3 percent of gross domestic product last year – the highest level in U.S. history. Even at the height of World War II in 1945 total taxes only consumed 25 percent of GDP.
As Ronald Reagan reminded us, ideas have consequences. And sometimes very quickly.
Using an economic model published in several peer-reviewed journals – a computable general equilibrium (CGE) model – this study examines the effects of a 17 percent flat tax on the various sectors of the economy, on the income of different income groups and on government revenues.
For every one of us, death is inevitable. Premature death, however, is not. Through some reasonable mix of public and private strategies, we can substantially reduce the chance that we will die before our time.