Daily Policy Digest

Time to Excise Fuel Duty?

Taxes comprise 60 percent of the cost of a liter of petrol or diesel in the United Kingdom...

Mismatched Data Hamper U.S. Accounting of Medicaid Costs

There was a $43 billion gap in Medicaid spending in 2009 when data was compared from the states and the U.S. Centers for Medicare and Medicaid Services...

Is Opposition to Genetic Engineering Moral?

Genetically modifying mosquitos has reduced the infected mosquito population by 80 percent in the Cayman Islands and by 90 percent in Brazil...

Tax Exodus: Five States that Residents Are Fleeing

People have begun to move to different states to avoid increased taxation, resulting in a net loss of revenue for some states...

Cigarette Smuggling

The Bureau of Alcohol, Tobacco, Firearms and Explosives estimates that illegal cigarette sales cost local, state and federal governments nearly $10 billion a year...

Diving Off the Fiscal Cliff

Lifting marginal tax rates will cost the economy $2.20 in lost income for every $1 of new tax revenue...

Danish Government Rescinds Its Unwieldy Fat Tax

After Denmark instituted a tax on saturated fats, 48 percent of families simply went to neighboring countries to stock up on fatty foods...

Two-Thirds of Millionaires Left Britain to Avoid 50 Percent Tax Rate

About 10,000 fewer people reported an annual income of more than £1 million in the United Kingdom after a 50 percent tax rate was introduced on top earners before the 2010 election...

Federal Student Lending Swells

Payments on 11 percent of student loan balances were 90 or more days behind in September, up from 8.9 percent at the end of June...

Regressive Effects of Regulation

Regulations tend to drive up the price of many goods and lower wages of workers in regulated industries...


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