Tax Succor or Sucker Punch
For years, big-government pro-taxers have often deployed parliamentary tricks to thwart the vote on a permanent Internet tax fix. This time, however, there may be nowhere to hide.
Comparing the Major Candidates' Tax Plans
Most of the major presidential candidates have released tax reform plans with enough specifics to run them through an economic model. On tax policy, Republicans tend to focus on economic growth, while Democrats tend to focus on distributional effects.
Why Losing Welfare Benefits Helps Welfare Recipients
As an Oregon welfare reform pilot program demonstrated in the 1990s, when people looking for welfare benefits were told they would have to work for their benefits, about a third walked out saying if they had to work they’d find their own job.
Economics in Action: Wal-Mart Raises Wages Then Closes Stores
Higher wages are nice, but not when it costs you your job.
Data That Suggest a Coming Recession
The country has experienced three recessions in the past 30 years, and in each instance, median household income began to decline about a year to 18 months prior to the start of a recession. A 2013 report showing how median household income began to again decline hints that a recession may be around the corner.
Missing the Biggest Point on Corporate Tax Reform
The corporate tax is actually a hidden tax on employees, shareholders and consumers. When we raise taxes on corporations, they simply pass the tax along in the form of lower wages, lower dividends, and higher prices.
Obama Prepares to Defend His Failed Record
A president’s last State of the Union Address is often about defending his legacy. And he will have to because no one else will.
When 'Full Employment' No Longer Is Full Employment
The U.S. is approaching what economists call "full employment," in which everyone who wants a job can find one. So why are so many people unemployed and desperate for work?
Just in Time for Christmas! It's Text Spam
When a company is seeking to use government regulation to pad its own bottom line the government should reject the proposal.
Can Social Security and Medicare Be Counted as Part of Seniors' Wealth?
Future Social Security and Medicare benefits can't be counted as part of seniors' wealth because they don't own those accounts. But if seniors did own them, they wouldn't just be "counted" as wealthy, they would be wealthy.
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