News
WSJ | House Passes Research and Development Tax Credit
The House passed a bill Friday to make permanent an important tax break for business research, in a move that highlights the difficult choices Congress faces this year on a raft of temporary tax incentives.
Econ Comments & Analysis
Forbes | Sen. Ron Wyden Gets The Corporate Tax Right For All The Wrong Reasons
In a recent op-ed for the Wall Street Journal, Senator Ron Wyden (D-OR) correctly pointed out that the U.S. corporate tax rate of 35% is too high, and is “painfully complicated.” He’s right that the rate should come down, but his reasoning for why leaves much to be desired.
AEI | A tax on public health
Last week, the Food and Drug Administration issued a proposal to regulate electronic cigarettes as a tobacco product. While public health and industry experts debate this much-anticipated regulation, a handful of Senate Democrats are quietly promoting the pernicious idea of extending tobacco taxes to e-cigarettes. Taxing e-cigarettes would threaten public health by penalizing a product that holds the promise of luring people away from the traditional cigarettes that have caused so much death and disease.
Blogs
Heritage Foundation | High Taxes Are Not What We Need
In public policy, bad ideas — no matter how many times they have been discredited — never completely go away. They seem to pop up over and over. Enter the hot new book that has captured the imagination and attention of the left because it endorses an 80 percent tax rate on the rich in the name of “leveling” incomes.
