Preston is a research fellow for tax policy in The Heritage Foundation’s Grover M. Hermann Center for the federal budget.
View all authorsPoliticsCommentary
Students learn in civics class—or at least they used to—that under the U.S. Constitution, Congress passes the laws, and the president and the rest of… Read More
SocietyCommentary
“By the sweat of your face you shall eat bread, till you return to the ground, for out of it you were taken; for you… Read More
SocietyCommentary
Marriage is increasingly rare among younger American adults. Back in 1970, 83% of Americans aged 25 to 34 were married. Today, only 41% in that… Read More
EconomyCommentary
Just because the government raises taxes, doesn’t necessarily mean it will raise more revenues. The Biden administration is discovering that the hard way. In August… Read More
EconomyCommentary
Someone with a million dollars of credit card debt probably wouldn’t celebrate if his interest rate skyrocketed. Yet some analysts are touting rising interest rates… Read More
EconomyCommentary
“This is an urgent message! If you do not respond within 24 hours, we will be forced to terminate your account and foreclose on your… Read More
EconomyCommentary
Compared to Western Europe, the American middle class has it pretty good when it comes to taxes. Of course, that’s more of an indictment on… Read More
EconomyCommentary
The House of Representatives passed the Limit, Save, Grow Act on Wednesday, marking a significant victory for House Speaker Kevin McCarthy, R-Calif. McCarthy managed to… Read More
EconomyCommentary
House Speaker Kevin McCarthy, R-Calif., released text April 19 of legislation dubbed the Limit, Save, Grow Act. The bill, a focus of internal negotiations among… Read More
EconomyCommentary
The IRS released its strategic operating plan on April 6, describing its intentions for spending the nearly $80 billion of supplemental funding it’s receiving under… Read More
