Daily Policy Digest
Tax and Spending Issues
|Can a Research and Development Tax Credit be Properly Designed for Economic Efficiency?
Losses owing to rent-seeking and policy uncertainty undermine the R&D tax credit...
|Cost of Police Misconduct Soars in Big U.S. Cities
Data shows rising payouts for police-misconduct settlements and court judgments...
|Political Incentives Harm Transportation Funding
Political agendas for transportation funding are leading to dangerous inefficiencies...
|The Success of SNAP (Food Stamps) and the Desirability of Taxing Food
The non-taxability of SNAP benefits reduces the regressivity of the sales tax in states that tax food...
|Uncertainty and the Geography of the Great Recession
Researchers find evidence for a causal role for uncertainty in increasing unemployment...
|Nominal Income and Real Income Vary By State
What is the real value of $100 in each state?...
|The Effect of Succession Taxes on the Family Business
Succession taxes lead to a more than 40 percent decline in investment around family succession…
|Highway Trust Fund Basics: A Primer on Federal Surface Transportation Spending
The Highway Trust Fund is nearly insolvent...
|Raising the Estate Tax Lowers Aggregate Capital and Output
Increasing the estate tax has an economic cost...
|An Effective Way for States to End the Federal Income Tax
Texas could effectively end the federal income tax by using two surprisingly simple and straightforward legislative maneuvers...CATO INSTITUTE