Baucus Continues Losing Streak with Energy Tax Reform Draft
Chairman of the Senate Finance Committee Max Baucus (D–MT) released a draft bill to reform the way the tax code treats energy. This latest draft… Read More
Why Conservatives Don’t Like the Ryan-Murray Budget Deal
Next week, the Senate will consider the Ryan-Murray budget deal — a spending plan that disappoints conservatives and believers in a limited government that manages… Read More
The Budget Deal — and Why We’re $17 Trillion in Debt
Country singer Aaron Tippin’s old hit song “You’ve Got to Stand for Something (or You’ll Fall For Anything)” could be the new theme song for… Read More
3 Things You Need to Know About the Congressional Budget Deal
Many had high hopes that the first budget conference in four years would make a substantial down payment toward fixing the U.S. spending and debt… Read More
Congress Wants to Tax Your Christmas Tree
Christmas trees are pretty unpopular, right? The House must think so, since its farm bill would pave the way to set up a Christmas Tree… Read More
JFK Cutting Taxes: A Fiscal Camelot
As the country marks the 50th anniversary of President Kennedy’s assassination, there are many reflections about the man and his legacy. For those old enough,… 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
Mexico’s Bloated Junk Food Taxes
Mexican President Enrique Peña Nieto has proposed a steep excise tax on junk food in an effort to curb Mexico’s obesity problem—and raise nearly $20… Read More
Tax Increases Really Hurt Growth and Jobs
Some lawmakers, led by Senate Budget Committee chair Patty Murray (D–WA), are seeking to raise taxes in the budget conference to replace the modest spending… Read More
How President Obama Is Killing Jobs
Five years on and President Obama still refuses to assume responsibility for his woeful economic record. The buck stops with Republicans, other countries, changes in… 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
Updated JCT Methodology Will Improve Scoring of Tax Bills
The Joint Committee on Taxation (JCT) finally updated the antiquated way it analyzes business taxes. The update is an important and long-overdue step that will… Read More
Why Is Obama Needlessly Scaring Seniors?
Apparently things aren’t ugly enough in Washington, so President Obama has started scaring senior citizens. “In a government shutdown, Social Security checks still go out… Read More
Cloakroom: September 29 – October 5
House Cloakroom Analysis: On Saturday, the House did its part to take a government shutdown off the table by passing a bill that funded the… Read More
Japan’s Revolving Door Tax
Prime Minister Shinzo Abe is likely to increase Japan’s sales tax from 5 percent to 8 percent next year. Abe and his close ally Haruhiko… Read More
Goodlatte: 7 Things to Consider Before Taxing Internet Shopping
Efforts in Congress to give state tax collectors power to tax out-of-state (mostly Internet) sales hit a roadblock Wednesday, as House Judiciary Committee chairman Bob… Read More
CBO Long-Term Budget Outlook Shows Tax Hikes Unnecessary—Again
The Congressional Budget Office (CBO) released its long-awaited long-term outlook on the budget today. As surely as the sun rises in the east, it shows… Read More
A Swedish (Economic) Lesson for President Obama in One Chart
President Obama is making the first ever bilateral visit to Sweden by a sitting U.S. President. As The Heritage Foundation and Swedish think tank Timbro… Read More
News
The Obama Administration, Marriage, and the States
Just as families are getting ready to head out the door for a long holiday weekend, the Obama Administration has rolled out new policies that… Read More
The Most Effective Obamacare Delay Is Full Defunding
There is nothing controversial about stopping Obamacare. A majority of Americans dislike the law and want it repealed. Obamacare is disastrous for individuals, businesses, and… Read More
Family-Run Retailer: Internet Sales Tax Would Put Me Out of Business
Rick Smith’s 14-year-old, family-run gourmet kitchen utensil business has a lot to lose if the Internet sales tax becomes law. And he’s not alone. While… Read More
Subsidies and Taxes Complicate the Future of Nuclear Power
Rising maintenance costs and a sharp decrease in natural gas prices have put the future of some nuclear power plants into question. But other plants… Read More
Wind Power: Only When the Wind Blows and the Subsidies Flow
Wind turbines produce power only when the wind is blowing. But perhaps more importantly, wind production builds only when the subsidies are flowing. The wind… Read More
Obama on Infrastructure: Wrong Again on Government “Investments”
In yet another summer speech on the economy yesterday, President Obama trotted out familiar tax-and-spend ideas, this time pairing his latest call for a tax… Read More
Reid Throws Major Roadblock in Front of Tax Reform
Senate Majority Leader Harry Reid (D–NV) has just thrown a roadblock in front of tax reform that could stall the strong momentum that has been… Read More
3 “Kitchen Table” Topics for Obama’s Speech Today
President Obama says he’s ready to get back to the “kitchen table” issues we’re all talking about. After months of focusing on gun control, amnesty… Read More
Morning Bell: The Administration’s Obamacare Denial
Obamacare was supposed to go so well, we were told. The mandates. The long-term care insurance. The Medicaid expansion. All going swimmingly, right? Only in… Read More
Phil Gramm’s Excellent Tax Reform Game Plan Has Just One Flaw
The momentum for tax reform continues to build. Adding to it is former Senator Phil Gramm (R–TX), who wrote an op-ed in The Wall Street… Read More
Former Virginia Governor Jim Gilmore: Internet Sales Tax Hurts Small Businesses
The misnamed Marketplace Fairness Act (MFA), commonly called the Internet sales tax, recently passed the Senate and awaits action in the House. If it becomes… Read More
Most Americans Oppose an Internet Sales Tax
Imagine being forced to collect sales tax for a state government where your business has no presence or facing audits from a state that is… Read More
