Taxes

The Case for Abolishing Death Taxes

The estate tax is a bad tax. It raises little revenue. It does not redistribute wealth. It imposes large costs on the economy. And it is complicated and unfair. It should be abolished.

Why Treasury's Numbers Don't Add Up

One of the most important factors in evaluating tax legislation is the distributional impact of the tax changes. The Treasury Department produces tables showing the effects of tax cuts and tax increas…

Will a Cigarette Tax Increase Really Help Uninsured Children?

Senators Orrin Hatch and Ted Kennedy have joined forces to establish a new government program to finance children's health insurance. They propose to fund the program by increasing federal cigarette…

Should We Abolish the Estate Tax?

While the estate and gift tax is insignificant in terms of federal revenue, it is quite significant economically. It wastes resources. It discourages work, saving and investment. And it does virtually…

The Economic Effects of the Dole Tax Plan

This study examines the economic effects of the Dole plan using a computable general equilibrium (CGE) model, an economic model that has been published in several peer-reviewed journals.

The Case For An Across The Board Tax Rate Reduction

Federal taxes have reached their highest level in history. To bring federal taxes to a tolerable level will require not just tax reform, but a complete overhaul of the federal budget as well.

Fighting the Rising Tax Burden

Recently released data from the Department of Commerce reveal that federal, state and local taxes consumed a record 31.3 percent of gross domestic product last year - the highest level in U.S. history…

The Economic Effects of A Flat Tax

Using an economic model published in several peer-reviewed journals - a computable general equilibrium (CGE) model - this study examines the effects of a 17 percent flat tax on the various sectors of…