EconomyCommentary
Fix Social Security With Ownership, Not More Government
The trustees for Social Security have just issued their annual report. And, as we have learned annually over recent years, the system cannot meet its… Read More
EconomyCommentary
5 Ways to Help Avoid Going Over the Looming 2025 Tax Cliff
A large tax increase is scheduled to hit almost all taxpayers at the end of next year—that is, unless Congress comes up with, and agrees… Read More
EconomyNews
‘Economic Suicide’: Biden Admin Justifies Tax Hike Based on Racial Criteria
The Biden administration’s analysis of its revenue proposals for fiscal year 2025 argues targeted tax hikes that disproportionately affect white people would ease racial wealth inequality…. Read More
EconomyCommentary
Recipe for Economic Train Wreck: Biden’s FY ’25 Budget’s 10 Massive Tax Increases
President Joe Biden released his proposed budget for fiscal year 2025 on Monday. There’s something in his budget for everyone—everyone who loves tax hikes, that… Read More
EconomyCommentary
Taxation Without Reason
My income tax is due in a few weeks! I hate it. I’m pretty good at math, but I no longer prepare my own taxes…. Read More
EconomyCommentary
Leftists’ Wealth Tax Proposal Means Poorer Standard of Living for All
A group of far-left lawmakers has introduced yet another bill to soak the rich. The new bill is called the Oppose Limitless Inequality Growth and… Read More
Response to Club for Growth’s Chocola: Let’s Not Raise Taxes with the Extenders
In today’s Wall Street Journal, the estimable Chris Chocola, former congressman from Indiana and current president of the Club for Growth, writes that Congress should… Read More
Top 1 Percent Pays Effective Tax Rate Nearly Three Times That of Middle Class
New data from the Congressional Budget Office (CBO) show that President Obama’s much-discussed Buffett Rule, which would require families earning more than $1 million a… 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
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
