August 7, 2017

The mortgage interest deduction is a political sacred cow.  Mention of abolishing it is the political equivalent of touching the electrified third rail.  Even Reagan, who opposed the deduction, caved to political pressure.  That's because homeowners have long relied on...

July 9, 2017

The tax code is convoluted, inconsistent, incoherent and inequitable.  Nobody would argue with that.  The question is how do we fix it.  The answer may require us to understand how we got here in the first place. 

As an example, lets look at how...

July 5, 2017

When we use the term "welfare", we generally mean payments made by the government to a class of individuals living in poverty.  The political conversation often turns to whether this class of people deserve to receive the payments.  

The question of deserving...

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