EconomyCommentary
Most Americans Say It’s Time to Update the Tax System
The last major update to the U.S. tax system was in 1986—over 29 years ago. Think about how much has changed since then. In 1985,… Read More
EconomyCommentary
Why Higher Tax Rates Don’t Necessarily Mean More Revenue
TOP TAX RATES AND TOTAL RECEIPTS One of President Obama’s major agenda items when he came into office was raising tax rates on the wealthy…. Read More
EconomyCommentary
How Government-Imposed ‘Net Neutrality’ Is Recipe for Crony Capitalism
The Federal Communications Commission’s Feb. 26 regulation imposing highly restrictive regulations on the Internet (“Open Internet Order”) threatens to undermine the vibrant economic growth and… Read More
EconomyCommentary
What Exactly Congress Is Spending Your Dollars On
Let’s say you were a financial adviser, and a family came to you with the following situation. They make the median family income in the United States—$52,000. But… Read More
EconomyCommentary
How Wisconsin’s Right to Work Laws Could Boost Union Members
Many wonder how right-to-work laws will affect Wisconsin. To see how, consider another question: Do monopolies help or hurt customers? Until now, unions have had… Read More
EconomyCommentary
Americans Want to Drive, Not Take Mass Transit. But Government Spending Doesn’t Reflect That.
The Highway Trust Fund—which provides funding for building and maintaining the nation’s roads and bridges as well as transit, such as buses, streetcars, light rail… Read More
EconomyCommentary
$15.7 Billion Company Receives $259 Million Loan (of Your Money)
Alcoa is a company with a market capitalization rate of $15.7 billion, $23 billion in sales in 2013 and a CEO making $18.2 million. One… Read More
EconomyCommentary
Congress Should Resist Latest Efforts to Break Up Large Banks
Senator Sherrod Brown (D–OH) offered a budget amendment today that he claims will “end ‘too big to fail’ bailouts.” But the change could ultimately give… Read More
EconomyCommentary
The 2016 Senate Budget Vote-a-rama Begins!
This morning the Senate concluded debate on the budget resolution and started off on an unofficial procedure known as “vote-a-rama,” a fast-track budget process of… Read More
EconomyNews
How a $300 Million Bet on Australian Satellite Company Went Wrong for Export-Import Bank
As lawmakers grapple with whether to reauthorize the Export-Import Bank, an Australian satellite company with a “significantly uncertain” future that received more than $300 million… Read More
EconomyCommentary
Budget Resolutions Need More Transparency
It’s a big week for the new GOP-controlled Congress. Unlike the past when Congress was divided, this year there is no one to blame if… Read More
EconomyCommentary
How Republicans Could Use Budget Maneuver to Repeal Obamacare
As the budget season heats up, congressional Republicans are focused on two key issues: how much defense spending should be and whether to use a… Read More
EconomyCommentary
If You’re a Middle Class Taxpayer Who Gets a Raise, Government Will Take This Much
How high is the marginal tax rate on each additional dollar the average American earns? In other words, if you got a raise of one… Read More
EconomyInternationalCommentary
China’s Economy—Hard or Soft Landing?
A panel at The Heritage Foundation on March 11 discussed whether China’s economy is heading toward a “hard” or “soft” landing. Heritage’s Walter Lohman chaired… Read More
EconomyAnalysis
What the Domino’s CEO Would Change on Taxes, Obamacare
Here’s a question that has been puzzling Patrick Doyle, the CEO of Domino’s, for months, as he puts it: “How do we list the calorie content of… Read More
EconomyNews
How Steve Forbes Would Turbocharge the ‘Molasses-Like Economy’
Steve Forbes made the flat tax the centerpiece of his two presidential campaigns. Now, he’s promoting the idea once again as he relaunches an organization… Read More
EconomyAnalysis
What Percent of 75-Year-Olds Are Still Working?
One of the major trends in the U.S. workforce during the early 21st century is seniors’ expanding participation in the labor force. People who qualify… Read More
EconomyCommentary
The $7.2 Trillion Difference Between Obama’s Budget and House GOP Budget
Sometimes in Washington it seems as George Wallace used to grouse: “There ain’t a dime’s worth of difference between the two parties.” Well when it… Read More
EconomyCommentary
How Much a Family Would Spend If They Were Like the Government
American families understand that adhering to a budget is relatively simple: Don’t spend more than you take in, and don’t borrow more than you can… Read More
EconomyCommentary
Four Common Myths about the Flat Tax
America’s tax code is riddled with problems. It imposes high rates on families, businesses, investors, and entrepreneurs. Its double taxation of capital gains and dividends… Read More
EconomyCommentary
Cartoon: Washington’s Idea of ‘Budgeting’
Interested in learning more about the budget? Check out The Heritage Foundation’s analyses of the Republican House and Senate budgets—and whether Republicans were willing to… Read More
EconomyInternationalCommentary
The KORUS FTA at 3: Strengthening the U.S. Economy, Not Weakening
The retiring President and CEO of the Federal Reserve Bank of Dallas, Richard Fisher, once famously noted, [P]rotectionism is the crack cocaine of economics. It… Read More
EconomyCommentary
Federal Spending Per Household Has More Than Doubled Since 1962
Just how large has government grown over the past couple decades? To answer that, take a look at the increase in the amount the government… Read More
EconomyCommentary
How Does the Senate Budget Measure Up?
Following the House budget which was released Tuesday, the Senate Budget Committee released its fiscal year 2016 budget blueprint today. Any good budget should balance within… Read More
EconomyNews
Republicans in House, Senate Split on How to Boost Defense Spending
Republicans in the House and Senate unveiled their separate budget proposals this week, kicking off debate over the federal government’s spending for fiscal year 2016…. Read More
EconomyCommentary
The Top 1 Percent Pay 35 Percent of Federal Income Taxes
The answer given by many on the left when faced with the problem du jour—deficits, inequality, etc.—is simply to raise taxes on the rich. But… Read More
EconomyNews
House Conservatives Cite Obamacare Repeal as ‘Motivating Reason’ for Supporting GOP Budget
As budget negotiations begin this week, conservatives in the House of Representatives say they will only support a fiscal blueprint that allows for a full… Read More
Certainty Will Come by Eliminating Handouts for Ethanol and Wind
Energy policy was a hot topic for prospective Republican nominees for President at last week’s Iowa Agriculture Summit (Ag Summit). Unfortunately, a number of the… Read More
EconomyCommentary
How Does the House Budget Measure Up?
Today the House Budget Committee released its fiscal year 2016 budget blueprint. Any good budget should balance within 10 years or less, without raising taxes… Read More
EconomyAnalysis
The Breakdown of Where Your Tax Dollars Go
Tax dollars paid for about 85 cents of every dollar spent in 2014—the rest was borrowed. Where did all that money go? Your 2014 tax… Read More
