Deficient GAO Report Hurts Tax Reform Efforts
There is broad consensus that corporate tax reform is necessary to unleash business investment that the currently uncompetitive system prevents. Regrettably, some will use a… Read More
Baucus–Hatch “Blank Slate” Tax Reform a Positive Step but Too Narrowly Focused
Chairman of the Senate Finance Committee Max Baucus (D–MT) and Ranking Member Senator Orrin Hatch (R–UT) recently proposed a “blank-slate” approach to tax reform. This… Read More
Morning Bell: What Did Apple Do Wrong?
Members of Congress called Apple executives to testify on Capitol Hill yesterday. Why? Because the company makes money overseas, and some Senators want to get… Read More
EconomyNews
Hunting for Surprises in the Obama Budget
It is somehow fitting President Obama released his budget for Fiscal Year 2014 after Easter, a mere 65 days late—but who’s counting? Fitting because going… Read More
A Step in the Right Direction: Obama’s Chained CPI Proposal
Outside the President’s general, grow-the-government, increase-the-debt, tax-the-rich budget themes lies a commonsense proposal to use a more accurate measure of inflation when calculating government benefit… Read More
Cyprus Bank Bailout: Russia Partly to Blame
As Cypriots come to grips with this week’s agreement to bail out its banks, Russian policymakers need to think about why their citizens are involved… Read More
Senate Budget Tax Plan: Slowing Opportunity for Americans to Grow Income
Senator Patty Murray’s (D–WA) budget tax plan directly calls for $975 billion in new tax increases over the next decade. Indeed, the Senate budget is… Read More
Morning Bell: 6 Things the Next U.S. Budget Should Do
It’s time for Congress to make a real budget—and not just any budget. It’s been four years since the U.S. had a real budget. While… Read More
Simpson–Bowles Redux: Another $600 Billion Tax Increase
Erskine Bowles and Alan Simpson, former co-chairs of the 2010 White House deficit-reduction panel whose plan failed, released an outline for a new proposal on… Read More
Small Business Owners to Congress: Fix the Debt with Entitlement Reform
The National Small Business Association’s economic report finds, “The growing national debt is the number one thing small businesses thin[k] Congress and the administration should… Read More
