Resurrect the Estate Tax

Dan Duncan died at the end of March. The Houston gas pipeline mogul left behind a spouse, four children, four grandkids, and a fortune worth $9 billion. Duncan, a prominent philanthropist who supported cancer research and the Boy Scouts, left behind another...

A Main Street and MLK Boulevard Stimulus

“What good is having the right to sit at a lunch counter if you can’t afford a hamburger?” Dr. Martin Luther King Jr. asked in 1968. Today, many of us who fought for lunch-counter rights have children and grandchildren who can’t afford a...

Racial Wealth Divide now a Vast Gulf

The gap between the net worth of African American and white families has exploded in the past generation, according to new research released by scholars at Brandeis University. An initial wealth gap of $20,000 between black and white families expanded between 1984 and...

Tough Budget Choices

With the health-care legislation completed and the climate-change debate derailed by the BP oil disaster, Congress should get to work on the federal budget. Yet Capitol Hill has been slow to tackle this perennial challenge. Even though entitlement...

Wake Me Up When It’s June

The poet who said April is the cruelest month obviously didn’t know about our May. As the month began, that unpronounceable Icelandic volcano kept spewing out tons of black smoke, soot, grit, acidic gases, and all manner of obnoxious things. Airports in Spain,...