While the health care debate consumes our public attention, don't forget that a bigger fiscal wound has already been inflicted.
While there has been much discussion in the media about the potential long-term negative impact of some health care reform proposals pending in Congress on the U.S. fiscal deficit, scant attention has been paid to the potential impact of the recently enacted stimulus bill on the long-term deficit.
Establishing a pathway for biogeneric competition is an important but challenging task facing lawmakers today.
Your beverage might soon contain the cost of universal health care.
Lawmakers need to take a closer look at how to treat fraud at the Patent and Trademark Office.
An Obama tax proposal would reduce charitable donations by $125 billion over ten years.
Congress should establish a bipartisan commission to address our long-term fiscal imbalance.
Despite their political appeal, $500-per-worker tax credits will do very little to actually boost the economy.
Tax Notes
December 22, 2008
The United States could lower its corporate tax rate without losing any revenue.
How should an honest fiscal conservative view Obama's tax plan?
Tax Notes
October 20, 2008
Different types of tax provisions shape effective marginal tax rates on income, and some basic principles should govern the roles of these provisions in setting effective marginal tax rates.
Tax Notes
September 8, 2008
Different types of tax provisions shape effective marginal tax rates on income, andsome basic principles should govern the roles of these provisions in setting effective marginal tax rates.
Barack Obama's proposed "tax cuts for the middle class" are actually marginal rate hikes in disguise.
Social Security reform should be approached incrementally and alongside broader retirement security reform.
While the U.S. labor market has deteriorated in the last few months, aggregate conditions are not worse than they were when extended unemployment insurance benefits were enacted in 2002.
By eliminating the deductibility of interest, accelerating depreciation schedules, and reducing the corporate tax rate, we can reduce the effective marginal tax rate and improve U.S. competitiveness.
There are several key principles for a sound, long-lasting economic stimulus, but it is not likely that Washington will apply them.
The biggest tax increase will result not from Democratic proposals but from the pending expiration of the 2001 and 2003 tax cuts.
There is a longstanding tradition of legislative intervention to address the consequences of economic change. How might the economic outlook shape the congressional agenda?
Congress has the wrong priorities on trade policy.
Amicus brief on the Writ of Certiorari to the Court of Appeals of Kentucky.
ALaffer curve has existed in the international corporate tax sphere since the 1980s.
Tax hikes on private equity firms will hurt the ordinary investor most.
Congress's current immigration debate is long on enforcement but short on economics.
Congress must address pressing financial needs without raising taxes in such a way that it does not harm the economy.
Geography and the literal political landscape are helping shape the response to the alternative minimum tax.
Do consumers discount the future correctly?