Obama Calls for a VAT
President Obama has consistently ducked the question on whether he is considering a massive tax hike in the form of a value added tax (VAT)… Read More
President Obama has consistently ducked the question on whether he is considering a massive tax hike in the form of a value added tax (VAT)… Read More
A recent poll by Rasmussen shows that 58 percent of Americans lack confidence that they will receive their promised Social Security benefits in their entirety. … Read More
Last Friday, The Heritage Foundation hosted three experts on international monetary policy for a lecture titled, “The Dollar, The Euro, and the International Monetary Order:… Read More
Richard Florida, who is the author of “The Rise of Creative Class,” posed the following vital questions in his recent article “Free, Tolerant, and Happy”… Read More
Earlier this year, after Congress passed an increase in the debt ceiling, was deliberating over a trillion plus health care package, and the President’s Budget… Read More
One of many bureaucratic boondoggles in the Senate financial “reform” legislation is a “Bureau of Consumer Financial Protection Protection.” Just how exactly would the proposed… Read More
So now President Obama is threatening to veto financial reform legislation Democratic leaders in Congress are working to pass if it is not tough enough… Read More
Conservatives say the Dodd Finance Bill means Wall Street Bailouts Forever. Progressives say the Dodd bill “makes bailouts impossible.” Who’s right? Well lets ask Treasury… Read More
Believe it or not, there is currently no death tax. The 2001 and 2003 tax cuts repealed it but because of budgetary quirks the death… Read More
The folks over at Reason.tv have produced a great video explaining how public sector unions are stifling economic recovery. It notes that unionized workers already… Read More
The capstone of President Obama’s the “Glut the Beast” strategy is to maneuver the country into accepting a massive new Value-Added Tax (VAT). This as… Read More
The Associated Press reported last week: “Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it’s simply somebody else’s… Read More
The United States is on an unsustainable financial course, and everyone seems to know it. As Heritage highlighted in our recently published 2010 Budget Chart… Read More
Looking for a raise during these tough economic times? You may want to try working for a larger company. Though largely unpublicized, the fact that… Read More
Today is tax day, the day when taxes are due and Americans send in their money to the federal government. These taxes go to fund… Read More
President Obama met today with members of Congress to jawbone them on the pending financial reform bill. A key part of his message: “we must… Read More
Professor Stephen Bainbridge, who is the William D. Warren Professor of Law at UCLA, shares the following insight on economic freedom: I’m happy to acknowledge… Read More
When Chilean President Sebástian Piñera was sworn into office last month, he did so with the walls around the National Congress rattling, as an aftershock… Read More
Is the Federal Communications Commission building a case for government-subsidized news? It’s not hard to imagine that will be the outcome of the Commission’s “Future… Read More
Treasury Secretary Timothy Geithner stumps for Sen. Chris Dodd’s (D-CT) finance reform bill in today’s Washington Post: As the Senate bill moves to the floor,… Read More
A recent GAO report warns that GM and Chrysler may need even more taxpayer money. This comes after GM and Chrysler received the overwhelming bulk… Read More
Economic realities are slapping states in the face as they come to terms with the fact that they can’t afford costly government programs amid declining… Read More
President Obama’s push to enact a massive tax increase in the form of a new value-added tax (VAT) is now clearly underway. Earlier this week,… Read More
The federal budget is on an unsustainable course with red ink as far as the eye can see, so it is especially important for Americans to understand spending, taxes, and debt.
The Heritage Foundation’s Budget Chart Book is a user-friendly way to learn about the federal budget in pictures.
It’s been nearly a year since the Obama administration took the reins of General Motors, and if today’s headlines are any indication, things aren’t looking… Read More
The taxpayer-funded auto bailout was largely the result of a number of poor decisions made by General Motors and Chrysler. Along with the excessively high… Read More
In a huge win for the free market and limited government, a federal appeals court today put a halt to the Federal Communications Commission’s attempt… Read More
After the first few lines of liberal columnist Thomas Friedman’s piece in Sunday’s New York Times, you would have thought he had finally seen the light:… Read More
Roberton Williams and Rosanne Altshuler’s Five Myths About Your Taxes in the Washington Post on Sunday was such a useful piece one hesitates to criticize,… Read More
Americans are endlessly paying taxes–on their income, on their property, on almost anything they purchase. But the heavy burden that the U.S. government places on… Read More
