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The new White House proposal to impose a Medicare tax on investment income would reduce demand for investment, which is the last thing that the economy needs right now.
The results in this paper are based on the specific tax policy proposals of Senator Barack Obama and Senator John McCain. The economy improves under each plan as compared to the CBO baselinethat assumes that all of the Bush tax cuts disappear. While bothcandidates plan to reduce taxes compared to this scenario and eachachieves his stated goal, their approaches are quite different.
The "American Option," introduced by Senator Jim DeMint (R-SC),avoids the discredited Keynesian consumption-based stimulus andinstead follows the tried and true method of cutting taxes onbusinesses.
Executive Summary Over the past half-century, the American union movement has moved into government. Despite highly publicized efforts to curtail collective bargaining powers of government unions in Ohio and Wisconsin, almost all changes to government collective bargaining statutes over the past 20 years have increased, not decreased, the powers enjoyed by government unions.
The Obama Administration has proposed a series of mandates, regulations, and taxes to control the energy sector of the American economy.