EconomyCommentary
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
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
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
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
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
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
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
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
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
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
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
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
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
“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
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
EconomyNews
On Thursday, the Internal Revenue Service and the Treasury Department withdrew a proposal that would give nonprofits the option of collecting personal information, including the… Read More
EconomyNews
The IRS incorrectly issued more than $46 million in refunds for tax year 2013, government inspectors discovered. The Treasury Department released an internal audit Monday faulting a… Read More
EconomyCommentary
Chalk up another win for the San Antonio Spurs—another stadium deal at taxpayer expense. With $18 million from the city and Bexar County, the NBA… Read More
EconomyNews
Taxing sugary foods and drinks likely would impose increased costs on consumers without significantly altering behavior, researchers argued this week. Donald Marron, director of economic policy… Read More
EconomyCommentary
Early Wednesday morning, the House Rules Committee posted text for the Consolidated Appropriations Act of the 2016 fiscal year (FY). This $1.1 trillion spending package,… Read More
EconomyNews
On the eve of Congress’ Christmas recess, two lawmakers have renewed an effort to give states the power to collect online sales taxes from out-of-state… Read More
EconomyNews
On Capitol Hill, the tax-extender scramble is a Christmas tradition. And now, again, just weeks before lawmakers head home for the holidays, Congress is trying… Read More
EconomyCommentary
The annual ritual is upon us. Congress is busy at work crafting a bill to extend the approximately 50 tax-reducing policies that expire each year,… Read More
EconomyCommentary
Last week, the Tax Foundation released its State Business Tax Climate Index for 2016. This annual report ranks all fifty states (plus D.C.) on how… Read More
EconomyAnalysis
The 2016 tax brackets just announced by the Internal Revenue Service don’t include dramatic changes, largely because of low inflation last year. The brackets will… Read More
EconomyCommentary
The so-called “progressives” love to talk about how their policies will create a worker’s paradise, but then why is it that day after day, month… Read More
EconomyNews
Should taxpayers keep funding public libraries? The majority of Americans, 66 percent, believe that closing public libraries would have little to no impact on themselves… Read More
EconomyNews
In an analysis of Internal Revenue Service income statistics and migration data, Americans for Tax Reform—an advocacy group for lower and simpler taxes—concluded that in… Read More
EconomyNews
Free employee meals may be slapped with a price tag as the Internal Revenue Service inches closer to deciding whether to tax the complimentary perk…. Read More
EconomyNews
The Tax Foundation, a non-partisan research organization, recently unveiled a study indicating the value of $100 in all 50 states. The value of $100 is… Read More
