Inheritance taxes are older than income taxes. Caesar Augustus instituted a 5% tax on all inheritances (except gifts to children and spouses) to provide retirement funds for the military. During the George W. Bush administration, congressional Republicans and Democrats vociferously debated the wisdom of cutting income taxes and inheritance taxes (which the Republicans call the […]
The U.S. Supreme Court ruled in 2002 that school voucher programs do not violate the Establishment Clause of the First Amendment, provided that parents, not the state, direct where the money goes. Educational vouchers are increasingly used in various parts of the United States. Suppose that the government offers poor people a $5,000 education voucher, […]
A Day at the Vomitorium Café It is a beautiful fall weekend. You are on Break Week and enjoying your visit to Tortstown, Ontario. You are enjoying your vacation sipping wine in the Vomitorium Cafe eating your chicken parmesan when you hear the seven-foot-tall bartender, Peter Pourmaster, say to the staggering, wobbling, and obviously drunken […]
Various small businesses decided to accept American Express cards as payment in their stores. When a store decides to accept American Express cards, it must enter into a Card Acceptance Agreement. This standard form contract outlines the basic relationship between American Express and the merchant. A clause within the agreement requires arbitration of all claims […]
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