Romney’s Taxes: Too Little or Too Much?
Much has been made of Mitt Romney’s asserted 15 percent or so tax rate. There is both a material error and an irony to this… Read More
Krueger Tries and Fails to Disguise an Anti-Growth Tax Plan in Keynesian Garb
The remarks of Alan Krueger, chairman of Obama’s Council of Economic Advisers, asserting that taxing the rich can spur economic growth demonstrate that he and… Read More
Morning Bell: It’s Time to Kiss the Tax Code Goodbye
Ready for a new year and another bout with the Internal Revenue Service, deductions, exemptions, pens and pencils, calculators, receipts, 1040s, W-2s, accountants, Quicken, TurboTax,… Read More
Congress Should Stop Subsidizing Warren Buffett’s Health Care, Not Increase His Taxes
Reports have surfaced that conservatives in Congress may propose further increasing income adjustment in Medicare to lessen the program’s insolvency. This is a great idea…. Read More
Obama Wants to Cut Taxes? Don’t Believe It for a Second.
Liberals stumping for tax cuts are as rare as three-dollar bills and hardcover digital books, and for good reason. Devoid of any other organizing principle,… Read More
Supercommittee Dithers on Tax Hikes – But Where are the Spending Cuts?
What’s a supercommittee to do? Total national debt just hit a new record at $15 trillion, an increase of approximately $700 billion since the Supercommittee’s… Read More
Supercommittee: Maximize Nonsecurity Spending Cuts, Do Not Raise Taxes
The Heritage Foundation has consistently urged, and continues to urge, that the congressional Joint Select Committee on Deficit Reduction, known as the Supercommittee, “go big”… Read More
Austerity Successes in Previous Downturns
The left continues to resist any suggestion of spending cuts right now. In their view, a depressed economy is no time to slash spending; that… Read More
Morning Bell: Straight Talk for the Super Committee
It has been 12 months since the American people spoke resoundingly at the polls against overtaxing, overspending, and overborrowing, but memories can be short in… Read More
Job Creators Call for Bold Solutions on Tax Reform, Deficit Reduction
Washington politicians talk a good game when it comes to job creation. But when it comes to actually doing something, they’ve been unable to provide… Read More
Myths of Austerity Failures
Evidence shows that “austerity” during a sharp downturn in 1920 coincided with quick economic recovery and robust growth throughout the rest of the decade. Nevertheless,… Read More
Does ‘Austerity’ Work?
Remember the Great Depression of the 1920s? If not, that’s because it didn’t happen. The recession of the early ‘20s quickly ended after spending and… Read More
EconomyNews
Senate Finance Republican’s Tax Recommendations a Good Start
The Republican members of the Senate Finance Committee recently submitted their recommendations for tax reform to the deficit reduction super committee. Their recommendations lay out… Read More
Energy News
Energy Production = Deficit Reduction
Today, the House Natural Resources Committee released its list of recommendations to the deficit reduction super committee. Their recommendations would go a long way to… Read More
IRS’s Difficulty Collecting Obamacare Tanning Tax Is a Troubling Sign
President Obama is fond of saying he hasn’t raised anyone’s taxes. How soon he forgets the $500 billion tax hike in his health care law…. Read More
Morning Bell: 1,000 Days Under President Obama
Today marks the 1,000th day of Barack Obama’s presidency, and unfortunately for America, those days have been marked by deeper deficits, lost jobs, prolonged unemployment,… Read More
Illinois Shows that Taxing and Spending Has Consequences
In January 2011, newly elected Illinois governor Pat Quinn imposed a 67% income tax increase on citizens and a sharp increase in the corporate tax rate… Read More
Poor Sales or Economic Uncertainty Preventing Stronger Recovery?
Various organizations and media outlets have attempted to refute the notion that government policy is creating uncertainty and hindering economic growth. However, when properly analyzed,… Read More
Online Chat on the Millionaires Tax
Click here to join us right now for our “Lunch with Heritage” online chat. We are joined by Heritage’s Senior Tax Policy analyst Curtis Dubay…. Read More
Morning Bell: Jobs Plan Fails, but Obama Doesn’t Get the Message
When President Barack Obama began his Midwest “jobs tour” in August, he set out to campaign for the passage of a yet-to-be-released plan to turn around… Read More
In Pictures: How High Will Taxes Go?
What’s the latest plan from the left to pay for President Obama’s latest batch of stimulus spending? More taxes on high-income earners, of course. And… Read More
Morning Bell: Still Jobless After All These Years
Yesterday at the White House, President Barack Obama faced the media to once again plug the American Jobs Act–his plan for more stimulus spending, paid… Read More
In Pictures: How Much the Top Earners Already Pay in Taxes
America has heard a lot of talk about the “Buffett Rule” — President Barack Obama’s plan to make the tax code more “fair” by permanently… Read More
Heritage Libertad Radio: Terrorism, Health Care, More…
Listen to last Sunday’s Heritage Libertad Radio Show in Spanish or English. The Spanish segment kicked off with a discussion of President Obama’s recent speech to the Congressional… Read More
‘Buffett Rule’ Tanks in California, Is Bad News for Tech Startups
President Obama is touting his new mega tax on millionaires–a.k.a. “the Buffett Rule”–as the best thing since sliced bread (or since his plan to spend… Read More
Obama’s Attack on Big Oil: Fair Share or Targeted Tax Hike?
President Obama says he wants big corporations, including oil companies, to pay their “fair share” in taxes. His deficit reduction plan includes eliminating what he… Read More
Top 10 Reads: September 20, 2011
Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe FACT CHECK: Are rich taxed… Read More
Morning Bell: $1.5 Trillion in New Taxes
Two years ago, as the United States was coming out of the last recession, President Obama was asked how raising taxes on anyone would help… Read More
Washington in a Flash: Same Old, Same Old in Obama’s Deficit Plan
Driving the conversation: President Obama released his deficit reduction plan on Monday, which would reduce the national debt by $3 trillion over ten years through… Read More
Heritage Responds to Obama’s Debt Reduction and Tax Proposal
Heritage’s experts watched President Barack Obama’s debt reduction and tax increase proposal. Here are their immediate reactions: Obama’s Plan Is More Bad News for Defense… Read More
