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The stimulus plan scheduled for debate in the Senate should includean extension of the 2001 and 2003 tax reductions and a reduction oftax rates for individuals, small businesses, and corporationsthrough 2013.

Current proposals for health care reform would exacerbate existingproblems in the U.S. health care system and weaken the economy. Inparticular, the proposed surtax on high-income individuals wouldimpose deadweight losses on the economy, depressing employment andslowing economic growth. True reform would change outdated rulesand regulations to give consumers greater choice and autonomy intheir health care spending. Such reforms would lead to a moreefficient and more effective health care system w...

While Senator Obama claims to raise taxes only on the "rich," the group he is targeting is mostly entrepreneurs. More than a third of small businesses that file taxes as partnerships or S-Corps have incomes in the range that Obama would target with a tax increase. Those in the top 1 percent face a tax rate 11 percentage points higher under Obama's tax plan.

Under federal tax law, individuals may deduct the income and property taxes that they pay to their state and local governments, as well as any interest they receive from owning state or local bonds, from their total income when filing their federal taxes. In recent years, individuals have been allowed to choose between deducting their income tax or sales taxes.

The Tax Cut and Jobs Act (TCJA), signed into law by President Donald Trump in December 2017, is one of the most significant policy reforms passed by Congress in recent times. Following this tax reform, individuals, families, and communities across the country have been reaping the benefits of bigger paychecks, lower taxes, and more economic opportunities. In this study, we model the effect of the TCJA on every state and congressional district in the country.

Abstract: Since 1996, Congress after Congress has voted to lighten the tax burden on Americans. The current Congress will decide this fall whether to continue this policy or to significantly raise personal income taxes. President Obama has advanced a plan that reverses the long-standing successful policy: The President and his supporters are calling for tax increases, primarily on upper-income taxpayers and businesses— including small businesses, the primary job creators in the country.

Obamacare will burden already struggling businesses with new costs and punish individuals for not having high-paying jobs.

During the 2015 United Nations Climate Change Conference in Paris, President Barack Obama met with world leaders from around the globe to discuss plans to combat climate change. The general consensus from the summit was that the use of natural resources, such as coal, oil, and natural gas—which provide 80 percent of the world’s energy needs—should be avoided. Furthermore, industrialized, rich countries should pay for poor countries to build more renewable power and address climate change.

Abstract: On January 1, 2013, the Bush tax cuts will expire and other new taxes that congressional leaders have recognized would damage the economy will take effect. President Barack Obama’s proposal to increase taxes on only “high-income earners” would also be economically destructive, reducing economic output by an average of $196 billion per year over 2013–2022 relative to current tax policy. Congress and the President would better serve the country by reforming the tax code in a pro-...