Publications -- Taxes
Jul 01, 2007 |
ST #299 – Medicare: Past, Present and FutureAlthough Social Security reform has received considerable attention in recent years, Medicare is the far-bigger problem. Medicare is growing at a faster rate and has an unfunded liability six times the size of Social Security. |
Jun 22, 2007 |
ST #300 – Taxing the PoorThe income tax is highly progressive. It takes a higher portion of the income of the rich than the poor. But federal, state and local governments raise revenues in a number of ways that are regressive, taking a greater portion of the incomes of the poor than the rich. In some cases, the total dollar amounts paid by the poor are higher than the amounts paid by the rich. |
Jun 01, 2007 |
ST #298 – Does It Pay to Save?Does it pay to save? The answer is often no. In fact, penalties for saving are astronomical for some households, particularly young, single-parent and lower-income families. But these are the very people who need the strongest incentives to save for retirement. |
May 21, 2007 |
BA #587 – Texas Health Care ReformPolicymakers are debating changes to the state's Medicaid program - the joint federal-state health care program for the poor - and discussing ways to provide coverage to the state's large uninsured population through the private insurance market. Medicaid now takes 26 percent of the state budget, double the portion it consumed a little more than a decade ago. |
May 17, 2007 |
BA #586 – Is Health Spending Out of Control?Since 1975, total spending on health care in the United States has doubled, and it now comprises one-sixth of the U.S. economy, or about $2.2 trillion. By 2016, some projections show total health spending almost doubling to $4.1 trillion and consuming one-fifth of the nation's gross domestic product. |
Apr 19, 2007 |
BA #585 – Insuring the Uninsured: Five Steps to Improve the Massachusetts PlanMassachusetts enacted an ambitious plan for near-universal health insurance coverage in 2006, the product of a compromise between then-Gov. Mitt Romney and the state Legislature. The cornerstone of the plan is mandatory health insurance. Individuals must purchase insurance directly or get it through an employer or Medicaid. |
Apr 07, 2007 |
BA #584 – A Wiser Way For Retirees to DonateCharitable gift funds are more than a toy of the nearly rich. They offer a surprising advantage to retirees with ordinary incomes. Using a charitable gift fund, a retired couple can increase their giving or increase the amount they spend on themselves. Or they can do a bit of both. |
Mar 19, 2007 |
BA #583 – Pension Reform in Chile: Closing the Gap, Not Scrapping the SystemA quarter-century ago, Chile replaced its traditional social security system with personal retirement accounts funded by workers and invested in stocks and bonds. Chile's president recently proposed several modifications to its pension system, including a new retirement benefit funded by general government revenues. |
Feb 08, 2007 |
BA #580 – Twelve Reform Steps for TexasTexas needs to end its addiction to inefficient, unresponsive public policies. To that end, the Legislature should go cold turkey and consider 12 radical changes. |
Nov 21, 2006 |
ST #292 – Taxes and Economic GrowthSome activities of government clearly contribute to economic growth. Beyond some minimum level, however, government becomes a net drain on the economy. Empirical evidence shows that as the tax burden rises beyond a certain level, the rate of economic growth slows. |
