Daily Policy Digest

Tax and Spending Issues

Corporate Tax Rates around the World

The average worldwide tax rate has been declining over the last decade, making the United States' high rate more and more unusual...

Export-Import Bank Funds Tiny Sliver of U.S. Exports

The Export-Import bank supports less than half of 1 percent of small businesses in the United States...

Social Security Needs Real Reform

Social Security needs an injection of $15 trillion today in order to earn enough interest to pay recipients full benefits over the next 75 years...

Why Are Catalog Orders Not Taxed?

August 18 is National Mail Order Catalog Day, a day to honor August 18, 1872, when Montgomery Ward issued the country's first modern mail order catalog to the general public...

Tax-Free Weekends: Good Policy?

Massachusetts is one of 17 states that have held, or will hold, a sales tax holiday in 2014...

Taxpayers Paying Public Employees to Do Union Work

There were 286 full-time IRS employees that were receiving paychecks from the government in 2012, despite working solely for the National Treasury Employees Union...

Flaws in Using Income Data to Measure Inequality

Because income is reported annually, it is not necessarily an indication of a person's wellbeing. Income tends to move in an arc over the course of a person's life...

Tax Credit Program Offers Little to the Poor

A new report from Sen. Tom Coburn (R-Okla.) exposes that a federal tax credit program is not benefiting the poor, rather it provides more than $1 billion in credits each year to large banks and investors...

Missouri Continues to Enhance Pensions

Those who stay in the teaching profession for many years receive a disproportionate amount of benefits relative to their contributions compared to teachers who leave early...

Is the Tax Code Driving Taxpayers from Wisconsin?

Wisconsin loses $136 million each year as its residents leave Wisconsin for other states...


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