Rep. Paul Ryan (R-Wis.) announced on Tuesday the Republican budget plan to take into the election debate; it is in sharp contrast to the Obama administration’s budget announced last month. Two key differences stand out: reducing the number of income tax brackets from the current six to just two (10 percent and 25 percent), and cutting corporate income tax rates from 35 percent currently to 25 percent. The Obama administration wants to raise taxes instead.

For proof that the Obama “recovery” remains unimpressive compared to previous recoveries, Cato Institute scholar Dan Mitchell gathered evidence from a number of sources to make his point.

Encyclopædia Britannica’s president Jorge Cauz (left) announced on Tuesday that his company would no longer print its 129-pound, 32-volume sets of its iconic print encyclopedias. He put the best face possible on the decision:

Everyone will want to call this the end of an era, and I understand that. But there’s no sad moment for us. I think outsiders are more nostalgic about the books that I am…

The print set is an icon. But it’s an icon that doesn’t do justice to how much we’ve changed over the years.

transactionIn an economic transaction, who should be the one saying thank you — the buyer or the seller? Or in an employment relationship, who should be thanking the other — the employer or the employee?

Senator Jim DeMint (R-S.C., left) introduced the Energy Freedom & Economic Prosperity Act (EFEPA) in February and then offered his bill as an amendment to the Transportation Bill last week. Had it passed it would have eliminated all energy tax credits not only for wind, solar, biomass and biofuels but for coal, oil and natural gas as well. Said DeMint:

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