And Why Too Many Black Leaders Refuse to Talk About It
In politics, policies are often judged by their intentions. In economics, they are judged by their outcomes.
That distinction matters when examining the estate tax proposal being pushed by Zohran Mamdani, which would dramatically lower the estate-tax exemption in New York from roughly $7 million to about $750,000 while raising the top rate as high as 50 percent.
Supporters frame the proposal as a tax on the wealthy.
But when viewed through the lens of economic reality, the estate tax proposal could...
A line from the political drama House of Cards captures a truth that applies far beyond politics. The character Frank Underwood once said:
“Money is the McMansion in Sarasota that starts falling apart after 10 years. Power is the old stone building that has stood for centuries.”
That quote perfectly explains the debate surrounding the recent distribution changes involving The Breakfast Club, including...