News
Bloomberg | Camp Floats Biggest Tax Shift to Partnerships in 60 Years
Congress is debating the biggest rewrite of U.S. partnership rules in 60 years, which may lead to higher taxes for real estate and finance businesses or prompt them to restructure operations to avoid new costs.
Blogs
Heritage Foundation | Carbon Tax: Australia’s Experience Is a Chance for the U.S. to Get It Right
“This is the most effective and efficient way to drive innovation to find better, less-polluting ways of producing power, goods and services,” Australian Treasurer Wayne Swan said at the passage of Australia’s carbon tax in July 2012. One wonders if he would say the same today—or, perhaps more importantly, if those proposing a similar scheme in the U.S. have any clue about the extra burden the tax is putting on Australia’s businesses.
Heritage Foundation | Obamacare Pre-Existing Conditions Coverage: Low Enrollment, High Costs
One of Obamacare’s main selling points during the health care reform debate was the need to provide insurance coverage to those with pre-existing conditions—but like other aspects of the law, the plan is failing those it was intended to help.