Daily Policy Digest
Tax and Spending Issues
| Social Security's War on Working Wives In the status quo, one-earner couples get a higher rate of return on their Social Security contributions... |
| CBO Updates TARP Tally: $24 Billion Cost to Taxpayers The latest update from the Congressional Budget Office projects the Troubled Asset Relief Program will ultimately wrap up at a cost of $24 billion... |
| The End of Social Security's Self-Financing The payroll tax holiday marks the first time that lawmakers have pivoted from the self-financing structure of Social Security... |
| Corporate Taxes, the Myths and Facts The U.S. corporate tax rate stands a full 14 percentage points above the average rate among major advanced economies... |
| States Moving Away From Taxes on Tangible Personal Property For businesses, the tangible personal properties tax is distortionary because it can disincentivize buying equipment or accumulating capital... |
| Simulating the Economic Effects of Romney's Tax Plan Mitt Romney's tax plan is a viable solution for an economy plagued with budget concerns and high unemployment rates... |
| Restoring a True Safety Net From 2008 to 2010, spending on welfare programs increased from $475 billion to $666 billion, a 40 percent increase after inflation... |
| A World without Income Taxes If the Federal Reserve increased the money supply by roughly 3.5 percent per year, the economy could have close to perpetual price stability... |
| Fiscal Policy Report Card on America's Governors: 2012 Just four state governors were awarded an "A" grade on the Cato Institute's 11th biennial fiscal report card on the governors... |
| Next Year's Tax Brackets If the Bush tax cuts expire, the tax rate for the lowest income bracket will be 15 percent and the rate for the highest income bracket will be 39.6 percent... |
