Business and Economics

Tax Expenditures for the Chopping Block: The Earned Income Tax Credit

The EITC doesn’t alleviate poverty or help the people it’s trying to help—and it’s rife with fraud and abuse

Sep 4 •

Tax Expenditures for the Chopping Block: State and Local Tax Deduction

The SALT deduction unfairly benefits the wealthiest Americans and incentivizes states to raise taxes

Aug 22 •

Tax Expenditures for the Chopping Block: Tax-Exempt Interest on Municipal Bonds

Not taxing interest from municipal bonds is expensive, crowds out private-sector investment in infrastructure and gives the biggest benefits to the…

Jul 30 •

How America Subsidizes the World’s Medicine

Changes to domestic drug pricing policies can make foreign countries pay a larger share

Jul 12 •

and

Jacob James Rich

The Federal Reserve Should Let Exchange Rates Float

But if the Fed is concerned with the dollar’s volatility, it should pursue better inflation management

Jul 9

Improving the Rules of the Game

Reforms to the congressional budget process can help promote fiscal responsibility, but is there the political will?

Jun 26 •

Christopher M. Russo

Tax Expenditures for the Chopping Block: The Low-Income Housing Tax Credit

This credit hasn’t given us a greater amount of affordable housing; instead, it’s raised housing costs and crowded out private-sector alternatives

Jun 25 •

Tax Expenditures for the Chopping Block

Congress should go after some low-hanging fruit in the U.S. tax system to improve the country’s fiscal health

Jun 13 •

Live and Let Fry

Local governments ought to encourage, not forbid, ‘churro ladies,’ home-based businesses and small-scale commerce

Jun 5 •

Addison Del Mastro

How To Stop Mission Creep at the Federal Reserve

The Fed shouldn’t be interfering in nonmonetary matters such as fiscal policy, climate change and inequality

May 17

Demystifying the Federal Budget Process

To prevent the U.S. from falling off the next fiscal cliff, Congress has to come up with a workable budget

May 14 •

Christopher M. Russo

Like It or Not, China Is the Green OPEC

China laid the groundwork for the global green economy. Now, the West is paying for it

May 13 •

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts