Political Capital

Posts tagged: taxation

Cypriots during a protest against an EU bailout deal outside the parliament in Nicosia on March 18, 2013.

Photograph by Patrick Baz/AFP via Getty Images

Cypriots during a protest against an EU bailout deal outside the parliament in Nicosia on March 18, 2013.

Fed Opposed Cyprus-Like Bank Tax — in 1941

More than half a century ago, the Federal Reserve opposed the idea of a tax on bank deposits similar to the one Cyprus has imposed. It wasn’t the threat of bank runs that was the problem so much as fairness....

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A Washington, D.C. 'TAXATION WITHOUT REPRESENTATION' license plate on Vice President Joseph Biden's limousine.

Photograph by Alex Wong/Getty Images

A Washington, D.C. 'TAXATION WITHOUT REPRESENTATION' license plate on Vice President Joseph Biden's limousine.

Washington Statehood: ‘New Columbia’

Taxation without representation. It’s a storied complaint in American history. In Washington, D.C., it’s a license plate. For all the failures of Washingtonians to gain recognition from the Congress that operates in their own home town, a long-denied bid for...

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