By Robert Kuykendall With America’s longest war apparently – and finally – coming to an end, the Biden administrations faces critical decisions when it comes to the transition out of Afghanistan. Of particular importance, the lives and welfare of thousands of Afghan translators and their families depend on being granted safe passage to […]
Tag: tax
Biden Yearns for Great Depression Days with Punitive Tax and Regulation Plan
By Peter J. Ferrara, Heartland Institute Democrat Presidential nominee Joe Biden has already said the first thing he is going to do if elected President is “repeal those Trump Tax Cuts.” He means specifically that he would repeal the 2017 Tax Cuts and Jobs Act. Biden’s plan would involve a tax increase of […]
President Trump Doesn’t Need Congress to Cut Taxes
By Lewis K. Uhler and Peter J. Ferrara President Trump and congressional Democrats are still battling over another big spending Covid-19 “bailout bill” that would add trillions to the national debt. But the best solution to reduce unemployment and get Americans back to work is not paying them more in unemployment insurance than […]
The race for CARES Act (taxpayer) broadband funds
By Johnny Kampis, Taxpayers Protection Alliance As the race for broadband funds from the CARES Act heats up, policy experts and taxpayer advocates hope the money ends up in the right place to help close the digital divide. The relief package, passed and signed into law in March, included $150 billion in relief […]
Ferrara: Obama & Biden Produced Worst Recovery Since the Great Depression
By Peter J. Ferrara, Senior Fellow at The Heartland Institute Perhaps the most important issue facing the country during the next four years is how our President will steer the economy and bring us out of the coronavirus recession. If history is any indicator, a Joe Biden Presidency would stifle the economic recovery. […]
Inflation on the horizon?
By Dr. Juan Castañeda and Professor Tim Congdon, courtesy of IEA In 2020 the world economy is likely to experience an output fall and increases in unemployment rates comparable to those in the Great Depression years of the early 1930s. The policy reaction to the pandemic will increase budget deficits massively in all the […]
Cut Red Tape to Boost the COVID-19 Recovery
By Oliver McPherson-Smith, American Consumer Institute Recent employment data suggests that America is on the road to economic recovery in the wake of the COVID-19 lockdowns. Despite the nascent evidence of better times ahead, the economy in 2020 will not inevitably look like it did in late 2019. To help workers find jobs in this new […]
Washington Beyond the Headlines: Tax Cuts at Stake In November
By Andy Blom, TES Washington Editor Wow! Busy week. Some states are opening, some states are dragging their feet, the stock market is climbing, employment is rocketing back up but people are still social distancing unless they’re protesting. And, in the true American spirit, some people just have never stopped working through it all, […]
Alaska can’t afford an income tax!
The price war begun by Saudi Arabia and Russia is claiming more collateral damage, including the finances of the state of Alaska (which decades after peak production in the 1980s still pumps around 500,000 barrels per day). The financial crunch is prompting some Alaskan lawmakers to consider imposing a state income tax […]
Emergency stimulus plan will cost billions
“A response to the Chancellor’s new package of support” By Carl Emmerson, Tom Waters and Xiaowei Xu, courtesy of the Institute of Fiscal Studies The Chancellor, Rishi Sunak, has today announced a substantial package of support that will incentivise employers to keep hold of their employees over the next few months […]