Daily Policy Digest
Tax and Spending Issues
|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.
|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...
|How to Pay for Medicare
Rising numbers of retirees and excess cost growth have made it imperative that we chance how the Medicare is financed – or the cost burden will crush taxpayers, according to a new study by NCPA Senior Fellows Andrew J. Rettenmaier and Thomas R. Saving...
|Texas Under Trump
NCPA Senior Fellow Pam Villarreal outlines the possible impacts of presidential candidate Donald Trump’s tax proposal in this article in the Trail Blazers Blog at Dallas Morning News...
|Hillary Clinton's Capital Gains Tax Proposal
If Hillary Clinton becomes president, returns on assets could be reduced by almost half compared to current law...
|How Do We Pay for a Growing Medicare Program?
Seniors have received Medicare benefits that are increasing relative to their preretirement income...
|U.S. Corporate Tax Code is Unhealthy for Medical Innovation
The U.S. Treasury has just dropped 300-plus pages of tax regulations designed to blow up the merger between Pfizer and Allergan...
|The Tax Rate on Capital
The corporate marginal tax rate in some industries tops 56 percent...
|We Should Be More Like Europe
The U.K. is taking steps to promote economic growth through lower tax rates and a simplified tax system...
|North Carolina Is on a Roll
North Carolina may have the opportunity for its citizens to vote on a referendum to reduce taxes and limit the growth of state spending...