Daily Policy Digest

Tax and Spending Issues

Tax Credit Program Offers Little to the Poor

A new report from Sen. Tom Coburn (R-Okla.) exposes that a federal tax credit program is not benefiting the poor, rather it provides more than $1 billion in credits each year to large banks and investors...

Missouri Continues to Enhance Pensions

Those who stay in the teaching profession for many years receive a disproportionate amount of benefits relative to their contributions compared to teachers who leave early...

Is the Tax Code Driving Taxpayers from Wisconsin?

Wisconsin loses $136 million each year as its residents leave Wisconsin for other states...

Bus Systems Are More Cost Effective than Rail Transit

Rail lines are limited in their ability to serve multiple areas, whereas buses can reach many more individuals throughout a city...

Workers Would Benefit from Abolishing the Corporate Income Tax

According to a Congressional Budget Office study, workers bear 70 percent of the corporate tax burden...

Abolishing the Corporate Income Tax Could Be Good for Everyone

Most Americans see the corporate income tax as a tax that affects only businesses, but it is ultimately American workers that bear the burden of the tax...

The Hidden Social Security Debt

Social Security promises are not officially recorded as debts, meaning that the federal government has a hefty set of financial obligations that are kept off the books...

Does the Ex-Im Bank Cost Taxpayers Money?

Supporters of the Export-Import (Ex-Im) Bank contend that the agency makes a profit...

Social Security Will Be Bankrupt in 2033

Social Security collected $752.2 billion in non-interest income in 2013, yet it spent $822.9 billion...

Senior Fellow Larry Kotlikoff Testifies on Social Security's Insolvency, Complexity

Determining when to collect Social Security benefits is important, but few people realize when they should do so...


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