Scholar

How the Wealthiest of America's Rich Make Their Money

The top one-tenth of one percent has long received at least half of all the income flowing to everyone in the top one percent. What can we learn by comparing these very wealthy Americans to the rest of the wealthy, now and in previous decades?

By Alexander Hicks

The Strange Math of the Heritage Foundation's Immigration Report

The report declares that, if immigration reform were to pass with a path to citizenship for the currently undocumented, “over a lifetime, the former unlawful immigrants together would receive $9.4 trillion in government benefits and services and pay $3.1 trillion in taxes,” sticking taxpayers with $6.3 trillion in supposed new costs. But the true cost is a fraction of what Heritage claims.

By Richard Alba