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Monthly Archives: November 2018

Thirteen colonies unite to form a new country

A big day for the USA — November 15, 1780 The Second Continental Congress approves the Articles of Confederation, which unifies the 13 American colonies under a weak central government and names this new country the United States of America. The document, a precursor to the Constitution, will be ratified by […]

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Has the Tax Cut increased revenues?

It’s important to recognize that the tax cut has, so far, reduced revenue compared to how much the federal government would have collected in the absence of the tax cut. But, total federal receipts are likely to end the current Fiscal Year up slightly from last year and at a […]

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