Economy News
Tax Reform Likely to Have Human ‘Dynamic’ Because of Him
It’s the first such proposal in almost 30 years, and incumbent members of the House of Representatives have no desire to see the complicated measure… Read More
EconomyNews
Lawmaker Moves to Tax Sugary Drinks
A Connecticut lawmaker hopes to open another front in the war on childhood obesity and diabetes. On Wednesday, Rep. Rosa DeLauro, a Democrat, introduced a… Read More
LawNews
Lawmakers Ponder Ways to ‘Get Politics Out of the IRS’
Could the IRS be governed by multiple commissioners? Some lawmakers hope so. The House Oversight and Government Reform Committee yesterday heard pitches for proposed reforms… Read More
EconomyCommentary
Businesses Don’t Leave the U.S. Because of Lack of Patriotism
President Obama will deliver a speech today railing against corporate inversions. That is the process whereby a U.S. business merges with a foreign business and… Read More
EconomyCommentary
Memo to Congress: True Patriotism Is Axing Taxes to Keep Companies in U.S.
The Obama administration announced new rules this week that will effectively punish American companies who move facilities and jobs overseas to save on taxes. Labor… Read More
EconomyNews
Conservative Groups Respond to Liberal Criticism of Kansas Tax Cuts
Conservative groups came together for a conference call Thursday, arguing against left-leaning media claims that Kansas’ steep income tax reductions have contributed to the downfall… Read More
EconomyCommentary
Congress Thinks the Trillion Dollar Tourism Industry Needs Government Money
Some in Congress seem to think the federal government can do a better job marketing and promoting tourism to America than the $1.5 trillion industry… Read More
EconomyNews
Gary Johnson: ‘Abolish the IRS’
SANTA FE, N.M. — For 2012 Libertarian Party presidential candidate and former New Mexico Gov. Gary Johnson, the ongoing controversy at the Internal Revenue Service… Read More
LawNews
Judges Set Clock Ticking for IRS to Explain, Recover Missing Emails
The IRS has less than 30 days to detail under oath and in writing the circumstances surrounding the disappearance of former official Lois Lerner’s emails… Read More
LawNews
Issa on IRS Scandal: Obama Team Wants to ‘Outlast Us’
Rep. Darrell Issa, the House’s top investigator of the IRS targeting scandal, isn’t holding his breath for those missing Lois Lerner emails. Obama administration officials have… Read More
EconomyCommentary
Memo to Krugman: Unchecked Liberalism Creates Economic Mayhem
Paul Krugman of the New York Times took a shot at economist Arthur Laffer and others who advise governors around the country to cut taxes… Read More
EconomyNews
Can Chris Christie Fix New Jersey’s Budget ‘Disaster’?
New Jersey’s budget mess is so bad a judge last week ruled it a “disaster.” It could be even worse in the new fiscal year… Read More
EconomyNews
A Taxing Decision for LeBron James
NBA superstar LeBron James became a free agent this week, prompting speculation about where the four-time league MVP will call home next season. James is… Read More
EconomyCommentary
Being Pro-Growth Is Pro-Family
I want to thank Ramesh Ponnuru for an enlightening debate on the idea of expanding the child tax credit (CTC). His latest posts are here… Read More
LawNews
IRS Emails Show Lois Lerner Suggested Audit of GOP Senator
New emails obtained by Congress show IRS official Lois Lerner, acting on misdirected correspondence, suggested auditing a Republican senator who has been critical of the Obama administration… Read More
EconomyNews
D.C. Votes to Tax Gym Memberships
If you live in D.C., your fitness plan just got more expensive. The D.C. Council passed a 5.75 percent sales tax on gym memberships and… Read More
EconomyNews
Taxpayers Buck Proposal to Pay for New NBA Arena
Wesley Edens and Marc Lasry, the new owners of the Milwaukee Bucks, have a combined net worth of $2.9 billion. The two New York investment… Read More
EconomyCommentary
We’re All Pro-Growth and Pro-Family
The tax reform debate about the child tax credit (CTC) continues. Hopefully the discussion sheds light on whether the CTC expansion is the best policy…. Read More
IRS Admits Wrongdoing, to Pay $50,000 in Leaking of Marriage Group’s Tax Return
Two years after activists for same-sex marriage obtained the confidential tax return and donor list of a national group opposed to redefining marriage, the Internal… Read More
EconomyAnalysis
Child Credit Expansion Could Crowd Out Growth
At National Review Online’s The Corner, Ramesh Ponnuru (defending Robert Stein) and Steve Moore have discussed the merits of a larger tax credit for children…. Read More
EconomyNews
Another Business Moves Abroad, Leaving Behind High U.S. Taxes
Yet another business is moving abroad to escape America’s high tax rates. Medtronic, one of the world’s largest medical device companies, recently acquired Covidien for… Read More
EconomyNews
Internet Tax Ban Moves a Step Closer to Becoming Permanent
Tension between federal and state powers over a permanent ban on Internet access taxes took the spotlight this week on Capitol Hill. Unless Congress votes… Read More
EconomyCommentary
Economic Crisis Survival: Germany Shows That Preparation Is Key
What do countries that weathered the Great Recession better than others have in common? They got in better shape before the crisis struck. Germany is… Read More
EconomyCommentary
The Surprising States That Have Greater Income Inequality
For those in Washington obsessed with reducing income inequality, the standard prescription involves raising taxes on the well-to-do, increasing the minimum wage, and generally expanding… Read More
EconomyCommentary
Bobby Jindal: An Economic Lesson for Obama and Hollande
President Obama continues his European tour today with a stop in Paris. As he and French President Francois Hollande discuss options to resolve the ongoing… Read More
EconomyCommentary
A Global Wealth Tax Is a Lousy Idea
Thomas Piketty’s best-selling treatise “Capital in the 21st Century” elates liberals because it argues on behalf of soaking the rich with excessive taxation. Mr. Piketty’s… Read More
EconomyNews
How Smarter Policies Can Transform the States, Renew the Nation
His state doesn’t have pass-through taxes, so owners of small businesses don’t pay taxes on profits as part of their individual tax returns. In little… Read More
EconomyCommentary
Obamanomics Cost Now Tops $5,000 Per Family
This morning’s depressing revised calculation of the growth of the economy in the first quarter of 2014 (-1.0 percent) makes it official: The Obama expansion… Read More
EconomyAnalysis
Permanent ‘Bonus Depreciation’ an Important Move Toward Tax Reform
The present tax system is biased against savings and investment in many ways. One of the most important is that, unlike other expenses, businesses must… Read More
EconomyAnalysis
Thomas Piketty’s Questionable Data
Thomas Piketty made some questionable choices in adjusting and presenting the data that underlies his bestselling economics tome, “Capital in the Twenty-First Century.” Chris Giles,… Read More
