Daily Policy Digest
|Taxing Carried Interest
Over the past several years, there has been much debate about how to tax the compensation of the managers of private equity, venture capital and hedge funds. The issue is important because these funds provide capital for businesses at various stages of development or seek to minimize risks for investors, and raising taxes on these funds would reduce the rate of return to fund investors, writes NCPA Research Associate John White.
|The Disappearing Gender Pay Gap
Women actually make at least 93 cents to 95 cents for every dollar a man makes "for the same work," perhaps even more, writes NCPA Research Associate Colin Combs...
Gold is a useful hedge against inflation and uncertainty, but investing in it speculatively is not always a good strategy. In 2011, the price of gold climbed to historic heights; but since then, it has fallen significantly, though not to pre-Great Recession levels, writes NCPA Research Associate Colin Combs...
|Yes, We Can Defeat Terrorism
The president refuses to know that our current adversary in radical Islam lives by an apocalyptic worldview -- one that relies on unconscionable levels of slaughter to bring about its final caliphate, writes Lt. General (Ret.) Michael T. Flynn, NCPA Executive Director Allen West and NCPA Senior Fellow David Grantham...
|Health Construction Shrinks Twice As Fast As Other Construction in June
The see-saw in health facilities construction continues. Health construction starts dropped 1.4 percent in June, versus a drop of 0.6 percent for other construction. However, there was a significant difference between the private and public segments. The remarkable volatility in health construction starts from month to month suggest more uncertainty in the health facilities market than previously data had indicated, writes NCPA Senior Fellow John R. Graham.
|Soda Taxes Make the Poor Poorer, Maybe Fatter
Philadelphia Mayor Jim Kenney recently approved an ordinance imposing a 1.5¢ per ounce tax increase on sugar-added and artificially sweetened soft drinks, including diet sodas, in an attempt to curb obesity. But there is evidence that a soda tax increase would have little effect on obesity, writes NCPA Research Associate John McDonald...
|First, Do No Digital Harm: Regulating Telemedicine
Telemedicine, whereby physicians use email, phone, text, or video for prescribing and consultations, is growing rapidly. Seeking to encourage faster uptake of telemedicine, many well-intentioned parties are prodding Congress to take actions which will likely have harmful unintended consequences, writes NCPA Senior Fellow John R. Graham...
|Obamacare's Perverse Job Creation Program
The latest jobs report gave the stock market a boost and injected some optimism into public sentiment about our economic prospects. Unfortunately there's a problem with the current employment situation that few understand: Obamacare has likely led to too many jobs in health care, drawing labor from more productive functions, writes NCPA Senior Fellow John R. Graham...
|Why the Divest Movement Would Hurt More Than Israel
The self-styled Boycott, Divestment and Sanctions (BDS) movement has been seeking to discredit and reverse Israeli policies with respect to the Palestinian Territories since 2005. BDS promotes an international boycott of Israeli products, divestment from Israeli companies, and exclusion of artists and academics from the Jewish state, among other things, writes NCPA Research Associate Danielle Zaychik and Senior Fellow David Grantham...
|Cancer Payment Reform: Medicare is Missing the Elephant in the Room
Last May I wrote about the uproar over Medicare's proposed changes to how it will pay doctors who inject drugs in their offices. I did not think the reform would have a positive impact, but I also thought criticism was overblown. Well, Medicare has managed to irritate all the affected interest groups to such a degree that it is likely to toss the proposal and go back to the drawing board, writes NCPA Senior Fellow John R. Graham...