EconomyNews
Ohio’s Opportunity Has Speaker Feeling ‘Pretty Optimistic’
COLUMBUS, Ohio—Ohio is making changes in many ways, especially when it comes to opportunity. That’s the sense one gets from Republican Speaker Matt Huffman of… Read More
LawCommentary
Too Much SALT Could Ruin the ‘One Big, Beautiful Bill’
President Donald Trump’s “one big, beautiful bill” could be in jeopardy over a major SALT disagreement. Not the kind of salt that you keep in… Read More
Trump Wants to Abolish a Tax That Costs Americans $2.4T a Year
Editor’s note: This is a lightly edited transcript of the accompanying video from professor Peter St. Onge. It’s official: Donald Trump wants to abolish the… Read More
Economy Analysis
Podcast: Lt. Gov. Dan Forest Fights for Conservative Principles in North Carolina
On today’s podcast, we’re featuring an exclusive interview with North Carolina Lt. Gov. Dan Forest. He recently visited The Heritage Foundation while in Washington and… Read More
EconomyNews
Citing Tax Cuts, McDonald’s Serves Up Tuition Benefits for Employees
Fast-food icon McDonald’s will supersize its 3-year-old education benefits program for hundreds of thousands of employees. McDonald’s Corp. will allocate $150 million over five years… Read More
EconomyNews
Tax Reform Would ‘Liberate Free Enterprise in America,’ House Conservatives Say
Tax reform will strengthen the nation’s economy and save Americans both time and money, conservative members of the House’s largest Republican caucus say. “Tax reform… Read More
EconomyNews
Failure to Repeal Obamacare Not Bad Omen for Tax Reform, Key GOP Lawmaker Says
The chairman of the largest Republican caucus in the House of Representatives said Americans should be confident tax reform will pass, even though a repeal… Read More
EconomyCommentary
4 Ways to Change Our Tax Code to Boost Economic Growth
In a national speech on Wednesday, President Donald Trump framed the tax reform debate that will continue to unfold when Congress returns next week. The… Read More
PoliticsNews
Conservative Leader Says Congress Must Make Good on ‘Bold’ Tax Reform
The chairman of a conservative House caucus said Wednesday that he wants tax reform to be so bold and sweeping that IRS employees will be… Read More
PoliticsNews
Treasury Secretary Says Tax Reform Will Happen Within the Year
Tax reform will happen within the year, Treasury Secretary Steve Mnuchin says. “We will have success,” Mnuchin said Monday during an event hosted by Freedom… Read More
EconomyCommentary
Recent Elections Speak Loud and Clear: Americans Want Regulatory Relief and Pro-Growth Tax Reform
Democrats like House Minority Leader Nancy Pelosi and Sen. Elizabeth Warren, D-Mass., often decry Republican policy proposals as “unfair” or as catering exclusively to the… Read More
PoliticsNews
Ryan Shares Vision for Tax Reform, Pledges Action in 2017
House Speaker Paul Ryan, R-Wis., promised that “transformational” tax reform will be accomplished in 2017 during an address Tuesday. “Once in a generation or so,… Read More
Here’s What We Can Do to Make Next April 15 Less Painful
Historically speaking, April 15 has never been a day marked by good fortune. The Titanic sank on that day in 1912 (after striking an iceberg… 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
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
Congress to Mega Banks: It Was All Your Fault—Pay No Attention to the GSEs
Last week, Chairman Dave Camp (R–MI) outlined a new reform proposal that included a punitive tax on some of the largest banks in the U.S…. Read More
3 Ways to Make April 15 Less Painful
Yesterday you told us what you think Washington should be doing—and more than a few of you said dealing with our horrendous taxes. Representative Dave… Read More
Heritage’s Macroeconomic Estimate of Camp’s Tax Reform Proposal
The Heritage Foundation’s Center for Data Analysis recently completed a preliminary macroeconomic analysis of House Ways and Means Committee chairman Dave Camp’s (R–MI) Tax Reform… Read More
Tax Reform at Last?
Today, House Ways and Means Committee Chairman Dave Camp (R) of Michigan jumpstarts the tax reform debate. It’s about time. The tax code stables in… Read More
Heritage’s Moore Urges Lawmakers to Embrace Winning Economic Messages
Economic issues consistently rank as the most important problem facing Americans — and one of the biggest challenges in Washington. Today, House Republicans turned to… Read More
VIDEO: Senator Mike Lee Outlines Reform Agenda to Unite Conservatives
With tensions between GOP establishment and conservative groups reaching a fevered pitch, Senator Mike Lee (R-UT) outlined a plan he believes would unite Republicans and… Read More
Baucus Heads Wrong Way on Important Part of Tax Reform — Again
Chairman of the Senate Finance Committee Max Baucus (D–MT) continues to release draft proposals on important parts of tax reform. His latest draft proposal is… Read More
Baucus Joins International Tax Reform Debate, but His Plan Falls Short
Chairman of the Senate Finance Committee Max Baucus (D–MT) released his draft proposal for reforming the tax treatment of multinational businesses. It is a positive… Read More
Congress Should Do These 3 Things in the Next 31 Days
In the next 31 days—starting today—the budget conference committee will try to accomplish something Congress has failed to do for the past four years… Agree… Read More
3 Trillion Reasons Not to Raise Taxes Again
Do you know how much President Obama has raised taxes? Oh, by about $3 trillion. In a new paper, Heritage expert Curtis Dubay reminds us:… Read More
A Constructive First Step to Reform Social Security
Dave Camp (R–MI), chairman of the House Ways and Means Committee, has announced a series of hearings on bipartisan entitlement reform proposals, the first of… Read More
Internet Sales Tax: Wishful Thinking Can’t Make It Pro-Growth
A new study argues that the misnamed Marketplace Fairness Act (MFA), better known as the Internet sales tax, would be good for economic growth. But… Read More
Gandolfini’s Death and the Need to Repeal the Death Tax
James Gandolfini died of a heart attack last month while traveling in Rome. The Sopranos star was estimated to be worth nearly $70 million, leaving… Read More
Deficient GAO Report Hurts Tax Reform Efforts
There is broad consensus that corporate tax reform is necessary to unleash business investment that the currently uncompetitive system prevents. Regrettably, some will use a… Read More
