It all started in 1913 with the ratification of the 16th Amendment to the Constitution. In a moment of fiscal irresponsibility, the states approved a federal income tax without limits and without any ...

U.S. philantropist and oil magnate John D. Rockefeller gives a dime to a child. After “robber barons” like Rockefeller amassed a staggering amount of wealth in the late 19th century, the progressive ...