Taxes

Is U.S. Transportation Infrastructure Falling Down?

In August 2007, the Interstate-35W bridge across the Mississippi River in Minneapolis suddenly collapsed, killing 13 people. The event led many to decry the state of the nation’s infrastructure, and s…

Disability versus Work

Entitlement reforms usually focus on changes in Social Security retirement benefits and Medicare. However, the disability component of Social Security is growing faster than retirement benefits and r…

It Is Time to Make the R and D Tax Credit Permanent

In December 2010, Congress extended the research and development tax credit through tax year 2011, but it has since lapsed and has not yet been renewed for 2012. The tax credit was first enacted in 19…

Minimum Wage Myths

The federal minimum wage is currently $7.25 an hour, but some states and cities have minimum wages that are significantly higher. Furthermore, eight states raised their minimum wage, effective Ja…

Paying for Pet Projects at the Pump

The federal and state governments levy taxes on gasoline and diesel fuel primarily to fund highway construction and repair. These taxes average 40 cents on every gallon of gas purchased. However,…

Infrastructure Funding: Taking the Wrong Path

A recent American Society of Civil Engineers (ASCE) report estimated the United States will need to spend $2.2 trillion over the next few years to bring the country's infrastructure to acceptable leve…

Temporary Employment: The New Permanent?

As the United States recovers from the 2008 recession, many consider any employment growth to be a good sign. But uncertainties about future tax and health care costs could be inhibiting permanent job…

Is the Corporate Income Tax Regressive?

In a recent Iowa speech a heckler yelled at former Massachusetts Governor Mitt Romney to raise corporate taxes. Romney replied, 'Corporations are people, my friend.' He quickly clarified that statemen…




 
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