William Howard Taft News
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One hundred years ago this week, U.S. Secretary of State Philander C. Knox presided over an important step in the creation of the modern federal income tax.
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If the U.S. had the same income tax rules it did when the levy started 100 years ago this weekend, 86 percent of households would be exempt from paying it.
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As the 19th century wound down, the industrialization of the U.S., by then the world's largest and most productive economy, was piling up fortunes of unprecedented size.
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You won’t find much evidence of a presidential campaign here in Vigo County, on the western border of Indiana, with its table-flat farmland and small-town ways. President Barack Obama hasn’t visited, nor has Republican Mitt Romney. There are few yard signs and fewer canvassers working to get out the vote.
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Since the financial collapse of 2008, the advocates of regulation and the supporters of competition (via breaking up the banks) have echoed a debate that took place 100 years ago.
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In 1912, as in 2012, issues of personal wealth and corporate power were at the heart of the presidential campaign.
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The 2012 presidential election could be effectively settled shortly after 8 p.m. Eastern Standard Time, when all polls will have closed in three of the biggest battleground states: Florida, Virginia and Ohio.
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Nov. 26 (Bloomberg) -- Each year, during November, a charity called Movember encourages men to grow mustaches to raise money and awareness for men's health issues, specifically prostate and testicular cancer initiatives. Because of the unique relationship, throughout history, between the American lawyer and the mustache, we salute some of the most famous attorneys to wear a lip rug. William Howard Taft Donald Verrilli Eric Holder Jan Schlichtmann Johnnie Cochran Oliver Wendell Holmes, Jr. Alan Dershowitz Douglas H. Ginsburg Clarence Thomas Adam Reposa The staff of Bloomberg Law is carrying on in this grand tradition of legal cookie dusters. We've been growing our lip toupees all month long in support of men's health. If you'd like to contribute to the cause, visit the Movember page of Team Grow Me Maybe. (Source: Bloomberg)
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New Jersey Governor Chris Christie told ABC’s Barbara Walters that being overweight shouldn’t bar him from seeking the presidency.
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Last week, President Barack Obama gave a speech whose location, tone and language consciously evoked an address by Theodore Roosevelt at the outset of the 1912 presidential campaign. The deliberate historical echo, however, raised an intriguing question: Will Obama’s 2012 effort bear a closer resemblance to the one waged by Woodrow Wilson, Roosevelt’s opponent, than to the race run by TR himself?
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