Daily Policy Digest

Tax and Spending Issues

Tax Code War on Women

A deduction for second earners of the type that existed in the U.S. tax code from 1981 to 1986 could yield significant economic activity by drawing more women into the workforce...

Mandatory Spending on the Rise

In 1962, mandatory spending was less than 30 percent of overall federal spending, but last year a whopping 60 percent of federal spending was "mandatory"...

Tax Reform in New York

New York's tax reform bill drops the corporate tax rate from 7.1 percent to 6.5 percent -- the lowest rate that New York businesses have seen since 1968...

Walgreens May Move to Europe for Tax Break

By redomiciling abroad, Walgreens could increase its earnings per share by a whopping 75 percent...

Sales Tax Relief Fund

Sales tax collections have increased for 46 months straight in Texas through January 2014, and they constitute 55 percent of total state tax collections...

Bailout on Track to Cost Government $27 Billion

The enormous bailout of the U.S. financial system at the height of the financial crisis in fall 2008 is on track to cost the federal government $27 billion...

Income Inequality and the NBA

The United States would likely see less effort from aspiring managers if greater effort and upward mobility meant exorbitant taxes...

States Trying to Give Control over Roads to Cities

The states that own the smallest percent of road networks are New Jersey (6 percent), Kansas (7 percent), Iowa (8 percent), Michigan (8 percent) and Massachusetts (8 percent)...

To Help U.S. Workers Find Jobs, Eliminate or Slash Corporate Income Tax

One major reason to reform the corporate income tax, which generates just 1.8 percent of the nation's gross domestic product, is to attract capital back to the United States to save the country from fiscal collapse, says Laurence Kotlikoff, a senior fellow with National Center for Policy Analysis...

Income Taxes Rise Worldwide in 2013

Governments in developed economies raised income taxes for the third straight year in 2013 in a drive to cut their budget deficits, while real incomes declined in a number of rich countries...


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