Taxes

The Case For The Tax Cut

Congress has passed a 10-year $792 billion tax cut bill that President Clinton has criticized as "gargantuan" and has vowed to veto. Put in perspective, however, the tax cut is small, and is justified…

Why All Taxpayers Deserve a Tax Cut

The tax burden is measured in different ways, but by almost every measure, federal taxes are at an unprecedentedly high level, Congress can solve that problem by moving quickly to reduce the tax burde…

The International Importance of Low Tax Rates

During the 1980s more than 50 countries including the United States and the United Kingdom sharply reduced their highest tax rates, particularly on capital. However, in the early 1990s most of the lar…

Tax Briefing Book

This book covers the burden of taxation, taxes and growth, spending and deficits, tax fairness, taxes on Work, and other tax issues.

The Underground Economy

Internal Revenue Service Commissioner Charles Rossotti recently estimated that the federal government is losing $195 billion per year in revenue due to the failure of people to report income and pay t…

Measuring the Burden of High Taxes

Not only would Americans have a higher standard of living if the tax rate had been at 21 percent of GDP, but based on public spending and indicators of social progress, it appears that the marginal be…

Taxing the Poor
In its haste to enact one of the largest tax increases in U.S. history, Congress has done precious little analysis of the social and economic impact of the proposed tobacco bill.
The Middle-Class Tax Squeeze

Since the sweeping tax cuts of 1981, little has been done to directly benefit middle-income American families - those with taxable earnings between $30,000 and about $65,000 a year. During that period…