Daily Policy Digest

Tax and Spending Issues

Illinois Pension System a Total Mess

In Illinois, many retired teachers are making twice as much in pensions as they earned during their time in the workforce...

IRS Looks to Tax Employer-Provided Meals

In Silicon Valley, it is common for employers to provide complimentary food to their employees. But the Internal Revenue Service (IRS) sees the free meals as a source of revenue...

What Happens When You Tax Junk Food?

Health organizations and lawmakers across the country have sought to target junk food and curb obesity by taxing sweets...

Burger King Looks to Move to Canada, Escape U.S. Taxes

Canada's corporate tax rate is 26.5 percent -- nearly 10 percentage points below the 35 percent corporate tax rate in the United States...

Study: Political Competition Leads to Fiscal Irresponsibility

Communities that were more politically competitive had the least responsible pension plans...

A Private Charity Success Story

The welfare state lacks the right incentives to push people to become self-reliant...

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...


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