EconomyCommentary
Obama’s New Death Tax Threatens Family Farms and Businesses
We all knew President Barack Obama’s lame-duck presidency would be bad, but for the millions of Americans who work at family farms and businesses, it’s… Read More
EconomyCommentary
The State of Tax Reform in 2016
Tax reform remains a central issue in Washington because of its overwhelming necessity. Tax reform is badly needed to revive the slow-growing economy and increase… Read More
EconomyNews
What Happened After This Blue State Introduced an Income Tax to Balance Its Budget
In 1991, Connecticut Gov. Lowell Weicker decried the state’s “orgies of spending,” and said his income tax proposal—which would include fiscal discipline—would balance the books. Connecticut… Read More
EconomyCommentary
The Astonishing Amount of Taxpayer-Financed Loans That Have Gone to Failed Businesses
Small businesses are America’s backbone. They employ more than half of America’s workforce, and for every large business (more than 500 employees), there are 1,500… Read More
PoliticsNews
‘Just a Charade’: House Conservatives Decry IRS Chief’s Capitol Hill Visit
Internal Revenue Service Commissioner John Koskinen made the rounds Wednesday on Capitol Hill to discuss his potential impeachment, meeting with two of the largest GOP… Read More
EconomyCommentary
Back Again: This Time Obama Administration Wants a Taxpayer Bailout for Puerto Rico
Less than two months after Congress passed a package aimed to provide financial relief for Puerto Rico, the Obama administration is already at it again—this… Read More
EconomyCommentary
Goodlatte’s Internet Sales Tax Plan Is Better, but Still Falls Short
House Judiciary Chairman Bob Goodlatte, R-Va., has reignited the debate over state taxes on out-of-state (mostly internet-based) sales in releasing draft legislation to allow such… Read More
EconomyCommentary
The Sneaky Way Obama Is Hiking Death Taxes
President Barack Obama isn’t afraid to enact his agenda over the will of Congress. At this late stage in his presidency, he’s still overreaching his… Read More
EconomyCommentary
These Tax Code Changes Could Save Average American Families Around $4,000 a Year
It’s a nuisance when an ATM charges you money to take money out. Imagine having to pay 31 cents for every dollar you withdraw. That’s how… Read More
EconomyCommentary
Soaring Business Taxes Hurt America’s Ability to Compete
Countries around the world have made maintaining low corporate tax rates, as well as reducing rates, a priority in recent years. Meanwhile, the United States… Read More
EconomyCommentary
What Government Action Poses the Greatest Risk to Growth
Proponents of higher government spending have used the Great Recession to argue that balanced government budgets hurt economic growth. In a new paper published by… Read More
EconomyNews
Conservative Leaders Rally Behind Stopping IRS Abuse of Donor Disclosures for Nonprofits
Legislation that would prevent the Internal Revenue Service from requiring tax-exempt organizations to include the names, addresses, or identifying information of donors in yearly returns… Read More
PoliticsNews
Conservatives Impatient With House Leadership on Impeaching IRS Chief
Conservatives’ campaign to impeach IRS Commissioner John Koskinen has yielded hearings but little else. As the congressional calendar slips by, some accuse House Republican leaders… Read More
EconomyAnalysis
House Republicans’ Blueprint Bodes Well for Pro-Growth Tax Reform
House Republicans released a blueprint for tax reform on Friday. If Congress follows the architecture the blueprint lays out, it will create a strongly pro-growth tax… Read More
PoliticsNews
New Revelations Turn Up Heat to Impeach IRS Commissioner
Lawmakers tore into the Internal Revenue Service days after new revelations surfaced about the tax collecting agency’s targeting of conservative groups. The House Judiciary Committee is… Read More
EconomyCommentary
Mexico Slapped a Big Tax on Sodas. What’s Happened Will Discourage Nanny Staters.
Just a few months ago, Mexico looked like the poster country for soda tax advocates. “One of the world’s highest soda taxes appears to be… Read More
EconomyCommentary
Tennessee on the Road to Becoming Income Tax-Free
Many people already think Tennessee is one of only a handful of states with no income tax, but as middle-class retirees can attest, it is… Read More
EconomyCommentary
Why Over Half of Prince’s Estate Will Go to the Government
It appears that the pop star Prince may have died without a will, leaving behind a multimillion-dollar estate. Although Prince has one full sister and… Read More
EconomyAnalysis
IRS Admits Tax Code Is Too Complex to Enforce
In an ideal world the federal government would collect all of the taxes that it was owed—and then spend only what it intended to. Unfortunately, things… Read More
EconomyNews
IRS Can Track Your Cell Phone, but Leaves Billions in Taxes Uncollected
While the Internal Revenue Service continues to leave uncollected tax money on the table, the agency beefed up its surveillance capabilities in a move that… Read More
EconomyNews
This Rail System Costs Taxpayers $22 Per Passenger
A Minnesota commuter rail line is costing taxpayers approximately $22 per passenger, per trip. “When you’re subsidizing about 80 percent of every trip on the… Read More
EconomyCommentary
Tax Day Doesn’t Have to Be So Frustrating
For many Americans, the days leading up to tax day are some of the most dreaded on the calendar. Over the past several weeks, Americans… Read More
EconomyAnalysis
9 Charts You Need to See for Tax Day
Tax Day is almost here. As Americans all across the country finalize their tax filings, let’s take a look at where all those tax dollars… Read More
EconomyCommentary
Obama Is Abusing His Authority to Try to Stop American Tax Inversions
The U.S. tax system makes it extremely difficult for international businesses to compete in the global market. A prominent and recent example of the lengths… Read More
EnergyAnalysis
Puerto Rico’s ‘Wal-Mart Tax’ Ruled Unconstitutional
A federal judge has ruled that a law enacted by Puerto Rico’s government to charge Wal-Mart more than three times the rate it charges other companies… Read More
EconomyCommentary
Steve Forbes on How a Flat Tax Would Reduce DC Cronyism
How do you get rid of cronyism in Washington? In my interview with Steve Forbes, chairman of Forbes Media and a former Republican presidential candidate, he… Read More
EconomyCommentary
How to Stop US Companies From Leaving the US
In his budget released earlier this month, President Barack Obama took some time to boast about his economic record, saying that “we rescued our economy… Read More
EconomyCommentary
Almost Half of US Residents Still Pay No Federal Income Tax
According to data published by the IRS and the U.S. Census Bureau, 44.2 percent of U.S. residents paid no federal income tax in 2013 (the… Read More
EconomyCommentary
Obama’s New Oil Tax Would Hike Gas Prices 22 Cents a Gallon
“Gas prices are too cheap!”—said no one ever. Wait, scratch that: The president himself actually believes that gas prices should be higher. Though those were not… Read More
EconomyNews
This Tax Treaty Would Authorize the Automatic Sharing of Americans’ Financial Information With Foreign Governments
In November, lawmakers on the Senate Foreign Relations Committee approved a number of seemingly innocuous tax treaties, which typically pass with little to no fanfare…. Read More
