Daily Policy Digest

Tax and Spending Issues

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...

Explaining the Social Security Disability Insurance Program

The SSDI program is currently running a deficit, and, according to recent estimates, the program will be insolvent in 2016...

FATCA: Punishing Law-Abiding Americans Living Abroad

The Foreign Account Tax Compliance Act burdens Americans living abroad with massive financial and legal costs...

Federal Tax Revenue Sets Record

Federal tax revenue for Fiscal Year 2014 is growing at a record pace...

Wasted Tax Dollars

A close look at the federal budget reveals a number of ridiculous spending projects...

Rubber-Stamping Disability Claims

The Fiscal Times reports that some judges are approving disability insurance at an alarming rate, often approving claims without holding hearings...

IRS Threatens to Expand an Obsolete Tax

The Internal Revenue Service (IRS) has spent years battling the now-bankrupt company WorldCom over telephone excise taxes...

Cities Move to More Costly and More Inefficient Rail Transit

The globe has seen an explosion in new rail transit that provides low-capacity transit at high cost...

Federal Budgets Do Not Accurately Reflect Costs

Rather than paying for the programs that it enacts out of general revenues, Congress often uses a less transparent and less accurate method of funding: issuing government loans and credit guarantees...


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