Homestead

A man set to inherit his mother's Dallas home faces a steep property tax increase. Texas's over-65 homestead exemption freezes school taxes, but that ceiling ends when the owner dies. Once the home passes to him, the school portion of the tax bill will roughly double, illustrating how inheritance can trigger a major cost jump even without a sale.

On September 30, 1892, in the aftermath of the Homestead Steel Strike, union leaders faced prosecution for treason, the first time in U.S. history workers' leaders were charged with the crime. Henry Clay Frick, chairman of Carnegie Steel, persuaded the chief justice of Pennsylvania's supreme court to issue the treason charges. The case became a landmark example of how companies used the courts against organized labor.