7 Figures: Tax Day Edition

[Note: ‘7 Figures’ is a new, occasional series highlighting data and information from a variety of surveys and reports.] 1. The average federal tax rate for all households (tax liabilities divided by income, including government transfer payments) before taxes is 18.1 percent. Continue Reading...

Surrogacy As Human Trafficking

According to the Polaris Project, human trafficking is defined as, Human trafficking is a form of modern-day slavery where people profit from the control and exploitation of others. As defined under U.S. Continue Reading...

How Bitcoin Could Help the World’s Poor

Bitcoin is dead, long live Bitcoin. A few weeks ago the IRS killed off any chance that Bitcoin could become a mainstream currency. That’s probably for the best since it clears the way for it to become something much more important: the world’s first completely open financial network. Continue Reading...

Put Not Thy Trust In Politics

The “Christendom Show” really is over in America my friends. It’s a wrap. The culture of American politics is not simply made of up deists, agnostics, and atheists but men and women who are decidedly anti-Christian. Continue Reading...

Obamacare: America Says ‘Meh’

America has been underwhelmed by Obamacare. Beyond the website glitches and stories of waiting for hours to sign up, we can start assessing the actual program. An April 8 Rasmussen poll finds only 23 percent of Americans call Obamacare a “success,” and 64 percent believe it will be repealed. Continue Reading...

Is American Innovation Fading?

In a fascinating essay in Mosaic, Charles Murray examines the spirit of innovation in America. He asks, As against pivotal moments in the story of human accomplishment, does today’s America, for instance, look more like Britain blooming at the end of the 18th century or like France fading at the end of the 19th century? Continue Reading...