Daily Policy Digest
Tax and Spending Issues
| The Stubbornest Tax The United States now has the third-highest recorded combined corporate tax rate in the world, at 39.2 percent, with only the Democratic Republic of Congo and Guyana rating higher... |
| Trustees Issue Warnings on Medicare, but Make No Changes to Solvency Projections The Medicare Trustees must base their projections on current law, but it is unrealistic to think that Congress will allow reductions to providers to stand in the long term, say Tom Saving, a senior fellow, and John C. Goodman, president, at the National Center for Policy Analysis... |
| Understanding Tax Fairness While the number of tax returns filed jumped from 107 million in 1987 to 140.5 million in 2009, the number of taxable returns actually fell from 87 million to 82 million... |
| The U.S. Experience with Fiscal Stimulus Aggregate economic assessment suggests that, even with generous assumptions, the cost to the federal government to provide jobs via stimulus results in a net loss... |
| Frequently Asked Questions about the Expiring Bush Tax Cuts The Bush Tax Cuts helped the poor most because, after all rate cuts and credit expansions are included, they were allowed to keep the greatest percentage of their income... |
| U.S. Food and Nutrition Programs: Costs, Effectiveness and Impact on Obesity Currently, the U.S. government's numerous food and nutrition programs together reach about one out of every four Americans every day and cost about $100 billion per year... |
| Tax Time Pushes Some Americans to Take a Hike Last year, almost 1,800 people renounced their U.S. citizenship and handed in their Green Cards -- taxes remain the primary motivation, specifically taxes governing income that is earned abroad... |
| The Unfairness of the Buffett Tax The Buffett Rule will have the side effect of taking a larger portion of retirees' nest eggs if they are over $1 million in value... |
| State Government Tax Collections Increase $56 Billion in 2011 Overall government tax collections for states increased $55.7 billion to $757.2 billion in fiscal year 2011, according to the U.S. Census Bureau... |
| Evaluating State Tax Incentives for Jobs and Growth Twenty-five states and Washington, D.C., were found to be "falling behind" in a Pew Center on the States assessment evaluating the impacts of tax incentives... |
