Daily Policy Digest

Tax and Spending Issues

The Consequences of the "Great Society"

In the 50 years since the onset of the "Great Society," the United States has spent nearly $22 trillion and implemented 80 welfare programs...

Government Spending Tax Dollars on Social Media

In 2013, the U.S. State Department spent $630,000 purchasing Facebook "likes"...

What Can You Buy with Food Stamps?

Cupcakes and gourmet cakes are considered food under the food stamp program, no matter the price...

New Research Highlights Flaws in the Mortgage Interest Deduction

The Mortgage Interest Deduction encourages high-income earners to purchase homes up to 20 percent larger than the homes they would have bought without the deduction...

Obamacare Increases Marginal Tax Rate on Labor by Six Percentage Points

Obamacare increases marginal tax rates on labor by 6 percent, making it one of the largest tax increases of the past seven decades...

Average U.S. Workers Pay 30 Percent of Earnings in Taxes

The average American earner faces an individual income tax and a payroll tax equal to 31.3 percent of his pre-tax income...

Cutting Down on Welfare Abuse in Indiana

Indiana's crackdown on unlawful welfare benefit spending has been a success...

Sugar Subsidies: Not So Sweet

If the federal sugar program were eliminated, businesses dependent on sugar, such as confectioners, would be able to add up to 20,000 new jobs...

Record Number of Americans Renounce U.S. Citizenship

The 1,001 U.S. citizens and green-card holders renouncing their citizenship in the first quarter of 2014 is on pace to surpass the 2,999 renunciations last year...

Help the Poor by Repealing the Texas Franchise Tax

Texas' poor would see genuine economic benefits from the elimination of the state's franchise tax...


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