Adam Michel focuses on tax policy and the federal budget as a policy analyst in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation.
View all authorsEconomyCommentary
The fundamentals of the U.S. economy are still strong, and the coronavirus won’t change that. Good policy also doesn’t change in a crisis, and Congress… Read More
EconomyCommentary
Small and midsize online stores are being put out of business one tax bill at a time. The Supreme Court ruled almost two years ago… Read More
EconomyCommentary
Until now, every major proposal to make the 2017 tax cuts permanent has neglected to address the expiration of the most pro-growth piece of the… Read More
EconomyCommentary
The White House is seriously thinking about pushing for new tax cuts to bring added relief to middle class families. This strategy stands in stark… Read More
EconomyCommentary
It’s no secret that Democrats want to raise taxes on the rich. They are less willing to admit that their plan would actually raise taxes… Read More
EconomyCommentary
This month marks the two-year anniversary of the Tax Cuts and Jobs Act, the most sweeping update to the U.S. tax code in more than… Read More
EconomyCommentary
In response to a French tax on the revenue of U.S.-based tech companies, such as Google, Apple, Facebook, and Amazon, the U.S. is threatening to… Read More
EconomyCommentary
Last weekend, FedEx became the latest company to face criticism from The New York Times for paying little or nothing in income taxes. The Times’ reporting… Read More
EconomyCommentary
America needs a bold agenda to solidify the current economic expansion and return hard-earned money to taxpayers. That runs counter to the consensus of those… Read More
Health CareCommentary
No other country in the world has been able to provide government-managed health care without soaking middle-class and lower-income taxpayers with high income and payroll… Read More
Health CareCommentary
Sin taxes of all types have unintended consequences. A new proposal in the House Ways and Means Committee to tax electronic cigarettes could harm the… Read More
EconomyCommentary
Senate Democrats are trying to chip away at critical elements of the 2017 tax cuts. Included in the 2017 tax cuts is the new $10,000… Read More
EconomyCommentary
By almost every measure, the U.S. has one of the most progressive systems of taxation in the world, in which high-income people pay the highest… Read More
EconomyCommentary
Before lawmakers left for August recess, the Democrat-controlled House voted to raise the federal minimum wage to $15 an hour. Such a move would backfire… Read More
EconomyCommentary
The U.S. economy is in the midst of the longest economic expansion in our history—more than 10 years of consecutive growth. The climb out of… Read More
EconomyCommentary
Illinois lawmakers recently moved one step closer to raising state income taxes. It’s the last thing Illinois needs—residents and businesses are already leaving the state… Read More
EconomyCommentary
Ever since the Tax Cuts and Jobs Act passed in late 2017, Democrats and a few Republicans have decried how the law’s $10,000 cap of… Read More
EconomyCommentary
On June 22, German workers celebrated their Tax Freedom Day—the day when taxpayers have finally earned enough money to pay the country’s tax bill. Germany’s… Read More
EconomyCommentary
Congressional Democrats are taking the lead to renew a list of long-dead tax subsidies at the behest of powerful corporate lobbyists. Their plan is to… Read More
EducationCommentary
Lawmakers intended with the 2017 tax cuts not only to promote economic growth and job creation and to allow families to keep more of their… Read More
EconomyCommentary
Many Democrats would like to repeal the 2017 tax cuts. But how would that affect ordinary Americans? If the tax cuts were reversed, the typical… Read More
EconomyCommentary
If Congress doesn’t act, Americans’ taxes will automatically increase in the coming years. The 2017 tax cuts are temporary, and some of those taxes are… Read More
EducationCommentary
Before Congress adjourned for Memorial Day weekend, Sen. Ted Cruz objected to a new retirement saving bill passed by the House because it left out… Read More
EconomyCommentary
It’s hard to escape the good economic news these days. New reports show that in the first quarter of 2019, the U.S. economy grew by… Read More
EconomyCommentary
It’s nice to have more money in your pocket. And thanks to the 2017 tax cuts, the typical American is now paying less in taxes…. Read More
EconomyCommentary
As Americans file their taxes this April, they might be in for a surprise: Most Americans got a tax cut last year. It shouldn’t be… Read More
EconomyCommentary
Retirement savings accounts, such as 401(k)s and IRAs, are crucial for personal retirement saving. They shield investments from being taxed twice and encourage people to… Read More
EconomyCommentary
Increasing taxes on investment is always a bad idea, and that’s exactly what a new bill in Congress aims to do. Sen. Tammy Baldwin, D-Wis.,… Read More
EconomyCommentary
A new tax proposal in Congress aims to stick it to the rich. But if passed, it could devastate the U.S. financial system and ruin… Read More
EconomyCommentary
There’s a pervasive myth out there that corporate stock buybacks are a sign of corporate self-indulgence, leaving workers hung out to dry and weakening the… Read More
