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Taxes - The Heritage Foundation

Taxes - The Heritage Foundation
A powerful lesson of recent months is that gimmickry makes good bumper stickers but lousy economic stimulus.
View Article - Wed, 08 Sep 2010 11:42:00 -0400

Proponents of raising taxes have offered many straw man arguments and myths to support their case.
View Article - Tue, 07 Sep 2010 01:00:00 -0400

As we celebrate Labor Day, let’s remember what makes this holiday possible in the first place: American workers. For the most part that means small business.
View Article - Tue, 31 Aug 2010 01:00:00 -0400

The CEO of Intel has joined the ranks of those labeling big government as the cause of our economic slump, not the solution.
View Article - Sat, 28 Aug 2010 01:00:00 -0400

President Obama has called for a huge tax increase to take effect on January 1, 2011. Instead of reducing spending, he proposes to raise taxes on a wide swath of taxpayers—including small businesses—despite the weak economic recovery. Congressional Democrats stand poised (immediately following the November elections) to endorse the President’s request and threaten to go much further. Proponents of letting the tax cuts expire—which would indeed be a tax hike—have offered a wide array of justifications for this wrongheaded policy. Heritage Foundation fiscal policy expert J. D. Foster wades through the myths and straw arguments to set the record straight.
View Article - Thu, 26 Aug 2010 11:29:00 -0400

Curtis Dubay discusses the merits of extending the Bush tax cuts, including cuts for the middle class.
View Article - Wed, 25 Aug 2010 01:00:00 -0400

Bill Beach discusses whether a national tax holiday would encourage more lending.
View Article - Mon, 23 Aug 2010 01:00:00 -0400

The Economic Freedom Act, proposed by Representative Jim Jordan, would terminate the ineffective Troubled Assets Relief Program (TARP), and substitute a proven way to stimulate the economy: tax relief—from permanent repeal of the capital gains and death taxes to significant reductions in payroll taxes and the top corporate tax rate. Analysts at The Heritage Foundation’s Center for Data Analysis (CDA) conducted static and dynamic analyses of the act (H.R. 5029), finding that over the long term, dynamic economic effects would offset much of the cost of the tax relief. In the short term, the act would increase the deficit if it was not coupled with reductions in spending. This means a specific plan for spending cuts is imperative. The CDA analysts detail the economic and fiscal effects of the Economic Freedom Act’s spending and tax cuts.
View Article - Thu, 19 Aug 2010 10:30:00 -0400

Bill Beach discusses the possible outcomes of a flat tax.
View Article - Thu, 19 Aug 2010 01:00:00 -0400

In many respects, Dan L. Duncan was the embodiment of the American dream, the self-made man incarnate. He transformed $10,000 and two propane trucks into a natural gas empire and a personal net worth of $9 billion—making him the richest person in Houston, and the 74th wealthiest individual in the world.
View Article - Wed, 18 Aug 2010 01:00:00 -0400

J D Foster discusses the possibility of an American VAT.
View Article - Wed, 11 Aug 2010 01:00:00 -0400

Imagine you are one of House Speaker Nancy Pelosi’s top political strategists. The polls show your party needs a game-changer, something that will transform what looks like a losing political hand into a winner. “I know,” you shout, “let’s push for a large tax increase on the ‘fortunate few’ — the 2 or 3 percent of the population with so much money they won’t even miss a few thousand bucks. The other 97 or 98 percent will feel no pain, and we’ll be able to call ourselves deficit hawks when all those billions start rolling in.”
View Article - Tue, 10 Aug 2010 01:00:00 -0400

President Obama wants to drastically raise taxes in January
View Article - Thu, 05 Aug 2010 17:57:00 -0400

The CBPP's critique is based on faulty economic analysis and fundamental misrepresentations.
View Article - Tue, 03 Aug 2010 11:00:00 -0400

Liberals in Congress have a plan to raise your taxes after the elections this fall, something they must do to continue feeding the Obama Administration’s spending addiction. Watch for them to act after the midterm elections under the cover of the report from the bipartisan National Commission on Fiscal Responsibility and Reform.
View Article - Mon, 02 Aug 2010 01:00:00 -0400

Curtis Dubay returns to The Ed Show to discuss jobs and extending the Bush tax cuts.
View Article - Mon, 02 Aug 2010 01:00:00 -0400

Curtis Dubay discusses renewing the Bush tax cuts to support economic growth.
View Article - Tue, 27 Jul 2010 01:00:00 -0400

The death tax: What does it kill? Who does it affect? It affects hundreds of thousands of small-business owners across the country—as well as their employees and community residents who benefit from the senior and day care centers, playgrounds, charities, and learning centers that are built or supported by small-business owners. Like water and sunlight in an ecosystem, small businesses provide sustenance essential to building and preserving communities. So high is the death tax that a large portion of heirs to small companies cannot afford to pay it after the business founder dies, and see themselves forced to sell to giant corporations—which have no personal ties to the communities of their new acquisitions, and thus no incentive to commit to local institutions. What does the death tax kill? The best of American life and civil society itself. The death tax is simply antithetical to the core of the American dream.
View Article - Mon, 26 Jul 2010 10:53:00 -0400

Millions of Americans face potential financial ruin because they bought homes they couldn't afford. Often, these homeowners were lured by initially low interest rates that provided the illusion of affordability. After a few years, these "teaser" rates reset upward, creating unaffordably high mortgage payments.
View Article - Fri, 23 Jul 2010 01:00:00 -0400

Senator Jim DeMint cites Heritage research in his speech on preventing the renewal of the death tax.
View Article - Wed, 21 Jul 2010 01:00:00 -0400

Looking for more great sites?

May I suggest the following....

 

Iran Today vs. Poland in the 1980's

 
By Brian Miller
Sunday, June 21, 2009
www.meatandpotatoes.org
 

 

Here we are, watching the people of Iran being publicly suppressed.  In a day where communication has advanced so much, that the 24 hour news cycle has kept us completely informed on everything, the media wall around Iran, save Twitter.com and a few cell phone cameras; reminds me of the old Soviet Iron Curtain.  The first thing I thought of was my childhood memories of the Polish Solidarity Movement. 

 

I was just a young child in school when that movement occurred, and we had in the White House what I remember as my “Other Grandfather”.  A wise man that would come on the air in difficult moments like this and tell us, in simple terms, what was going on, while offering comfort and hope to me, the nation, and the world.  Like so many people, we felt helpless and fearful for what was happening in Poland.  Yet, as the story first broke, there was President Reagan on the TV encouraging all of us to pray for the people of Poland, and encouraging everyone to put a candle in the window in silent support.  I remember for days ridding around in mom’s car, and counting candles found in nearly everyone’s window, as though it was Christmas Eve.


 


Today is so very different for me, and for my child.  He has an “American Idol Star” in the White House.  Backed up by a news media full of Paula Abdul style judges who clap and cheers in a dimwitted alcoholic manner, blind to the reality they witness, and praising even the worst of performances.  For days after the protests erupted, our President has remained silent.  His silence is deafening when one looks at the events leading up to the elections.

 

On the day of the Iranian election, and on the heels of the President’s over hyped, and at times shameful, speech in Cairo, Egypt, he gave a press conference in the rose garden of the White Hose.  At the suggestion of his administration’s Press Office, the news media for days before had tried to draw parallels of the Cairo speech to former President Reagan’s infamous “Tare Down This Wall” speech in Germany.  In the conference, the political posturing began.  He claimed that his speech had helped to make the Iranian people vote for a new leader, and implied that his brand of Change he sold to the American people, was now taking root in Iran.  The arrogance of his statements was completely overlooked, but he was attempting to right history in advance.  He was setting the stage to take credit for the election of a new leader in another country.  And taking credit for it with a few vague statements he uttered in a speech, which by the measure of time, will likely not be remembered.  What happened next instead was chaos.

 

But chaos, one would say, is the way of the community organizer.  Why is it then that this president, born of and inspired by such chaos is not still pointing with glee to these events?  Why now is he not still out there claiming credit?  The members of his staff have been quoted as saying, “Emergencies are the best times to get things done.”  Is he hiding in shame?  I think not, but the man has no heart to calm the American people, and I fear this is what he truly wanted all along.

 

Thank heavens, like me, my son has gone against the grain, and has refused to watch the circus; all the while craving the truth, for a leader, and for moral support in prayer for the people of Iran.  Our government was founded by the people and for the people, as such, we as a people always look to the plight of those in pain with heavy hearts, no matter who governs them.

 

Pray with me tonight for the people in Iran and light a candle in the window for them.  Unfortunately, we are devoid of a true leader in the White House, so we must do this ourselves.  Get on Twitter, FaceBook, and other internet sites, and make your support of the people of Iran know.  We, as a country, are not afraid to support the freedom these people desire, even when our leadership has remained silent in fear.  The handling of this event clearly shows the complete disconnect between the leadership of our own country and its people. But do not fear; do not hold your head down, for soon, and in our own American way, we too shall rise up to change the false media branded “Change” we were sold.  It’s time to stop watching reality TV, and get back to reality.  

 
1 - There is no liberal bias in the media
2 - Separation of Church and State
3 - Banning partial birth abortions is an assault on a woman's right to choose
4 - The Outsourcing of American Jobs
5 - The Creation of Green Jobs 
6 - Same Sex Marriage
7 - Rasing Taxes Equals more government funds
8 - The Supreme Court should keep International Courts in mind
9 - America must be humble to the international community
10 - Government Knows Best

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