A Little ‘Happy’ Song for Your Tax Day
Does dividing business and personal expenses — and seeing how the government wasted your money — get you down? Whether or not you’ve heard Pharrell’s… Read More
Where Did Your Tax Money Go?
It’s pretty unreal when you see it. Your 2013 tax dollars—which are due today—went primarily to pay for government benefits. Major entitlements (Medicare, Medicaid, and… Read More
Most Small Businesses Burdened by Costly Tax Preparation Process Support Tax Reform
Small businesses are increasingly burdened with tax preparation costs, with a majority spending over a week per year on federal tax preparation and thousands of… Read More
Paul Ryan’s Budget Won’t Pass. This Is Why It Still Matters
Even symbolic gestures can sometimes be important. Consider “The Path to Prosperity,” drafted by Rep. Paul Ryan’s (R–Wis.) budget committee and passed by the House… Read More
CBO Report Estimates 2014 Deficit at Half a Trillion Dollars: Why The Real Deficit Number is Actually Higher
Today the Congressional Budget Office (CBO) released its updated projections for the 2014 federal budget. CBO reports the 2014 deficit at $492 billion, just shy… Read More
What No One Wants to Admit About Social Security Taxes
It’s a bummer when you see how much income tax comes out of your paycheck. But when you see that Social Security line item, do… Read More
Obamas, Bidens Pay About Same in 2013 Income Taxes, Returns Show
Four days before the April 15 filing deadline, the White House today released 2013 income tax returns for President Barack Obama and Vice President Joe… Read More
Constructive Small Business Expensing Bill Introduced
Representatives Pat Tiberi (R–OH) and Ron Kind (D–WI), both Ways and Means Committee members, have introduced the America’s Small Business Tax Relief Act of 2014… Read More
President Obama Should Lift Ban on Energy Exports
America’s Founders felt the freedom to export was so important that they included it in the U.S. Constitution: “No Tax or Duty shall be laid… Read More
Energy Exports: Free Trade for Me, but Not for Thee
Some corporate interests are lining up to fight economic freedom in the United States by maintaining the government’s restrictions on energy exports. Their efforts are… Read More
As Fed Tapers, More Central Bank Independence Needed
This week finance ministers and central bank officials from around the world will converge on Washington for the spring meetings of the World Bank and… Read More
Getting Your Neighbor’s Mortgage Off Your Lawn
Did you know you are probably responsible for your neighbors’ mortgage payments? What? Heritage expert Norbert Michel explained: Nearly all new residential mortgages are currently… Read More
What Women Want in Work-Life Balance
More mothers are staying home with their kids, says a new Pew report. The number of stay-at-home mothers reached an all-time low of 23 percent… Read More
Trade, Not Aid, Could Protect 100,000 Children in Africa
President Obama’s proposed 2015 budget continues to put aside money for malaria prevention worldwide in the battle to help the 3 billion people at risk… Read More
Tax Refunds Cause for Concern, Not Celebration
Tax Day, April 15, is fast approaching. Americans’ general dislike or sometimes outright disgust toward paying taxes is typically cushioned by the widespread receipt of… Read More
CBO Affirms What We’ve Known All Along: Reducing National Debt Will Grow the Economy
House Budget Committee Chairman Paul Ryan’s (R–Wis.) steps to reduce the budget would help boost economic growth. Ryan’s 2015 budget proposal contains more than $5… Read More
State Occupational Licensing: A Burdensome Barrier
The latest report from the Bureau of Labor Statistics shows that barriers such as excessive state occupational licensing are thwarting opportunity for low-income workers. Occupational… Read More
Regulation A+ Proposed Rule Needs Work
The Securities and Exchange Commission (SEC) is to be commended for recognizing the debilitating problems with the existing Regulation A, but unless the proposed rule… Read More
Two Ways to Hurt Women in the Workplace
Today is “Equal Pay Day” for those who believe that The Man is keeping women down. Convincing people that injustice is taking place is a… Read More
Univision Partners with U.N. to Push Climate Change Agenda
Walter Cronkite once said, “In seeking truth you have to get both sides of the story.” Well, if that’s the case, then our country’s biggest… Read More
SEC Continues Clash with Financial Stability Oversight Council
The 2010 Dodd–Frank Act is a colossal regulatory mess that gave us, among other things, a new set of turf battles among regulators. The latest… Read More
Even Captain America Wants Tax Breaks
Today’s the day: #CaptainAmerica #WinterSoldier explodes into theaters worldwide! Got your tickets yet? pic.twitter.com/wYPUK21c1r — Captain America (@CaptainAmerica) April 4, 2014 “Captain America: The Winter… Read More
The Chamber in Silicon Valley: Looking for the Next Bill Gates?
The Chamber of Commerce announced this week it is opening a second office in Silicon Valley. The Chamber is no doubt in the hunt to… Read More
March Jobs Report: No Change in Unemployment Rate
The March employment report showed modest job gains of 192,000 with the unemployment rate unchanged at 6.7 percent. Unemployment remains highest among teenagers (20.9 percent)… Read More
Economy News
What the Left Doesn’t Want You to Know About Equal Pay for Women
“Equal Pay Day” is slated for April 8—plenty of time for Democrats to start playing the gender card in hopes of galvanizing female voters ahead… Read More
Unions Getting Creative in Election-Year Struggle
If it seems like unions are making a fuss lately, it’s because they are. It’s an election year, and they need money. Just one in… Read More
Jordan Weissmann Thinks Economics Is a Gimmick
Jordan Weissmann of Slate writes that using modern economic methods in budgetary analysis is a “trick…gimmick…fantasy…miraculous…flight of fancy…picking a number out of a hat.” Weissmann’s… Read More
Economic Freedom: America’s Entrepreneurial Pulse at Risk
April 15, better known as Tax Day, is approaching again. The “Yes, We Can” Administration, which has squandered billions of hard-working Americans’ tax dollars every… Read More
In Peru, Trade—Not Aid—Works Best
Peru Bosques, a $38 million project included in the Peru Trade Promotion Authority that was meant to help the Peruvian government write a new forestry… Read More
AFL-CIO Stages Protest Outside Heritage for Higher Minimum Wage
About 30 protesters, chanting “You can’t survive on $7.25” and “Poverty wages have got to go,” marched today in support of a higher minimum wage… Read More
