Yet Again, Obama Calls for Reducing Charitable Contribution Deduction

Tetra Images Tetra Images/Newscom Like past budget proposals, President Obama’s new budget plan calls—again—for lowering the charitable contribution deduction. The current tax code allows individuals to deduct their giving from their overall tax liability at a rate equal to their tax bracket. Obama wants to cap the charitable deduction at what it would be for […]

Full Story

Heritage Analysts: What We Saw in Venezuela

LEO RAMIREZ/AFP/Getty Images/Newscom The situation encountered by Heritage analysts on the ground in Venezuela last week was of a country that has been looted and is falling apart—literally and figuratively. The once thriving nightlife of downtown Caracas is but a distant memory. These days the streets are deserted, surrendered to gangsters and narcotraffickers. People are […]

Full Story

Trade Agreements Can Advance Economic Freedom

Kenichiro Seki/ZUMA Press/Newscom The United States is currently engaged in Trans-Pacific Partnership (TPP) trade negotiations designed to reduce barriers to international trade and investment. The latest text from these negotiations shows how trade agreements, if properly designed and implemented, help advance economic freedom around the world. Among other things, the draft text calls for: No […]

Full Story
Ben Gurion Airport

France Sides With Islamic Terror: Air France Fined for Discrimination Against ‘Flytilla’ Anti-Israel Activist

A French court on Thursday ordered Air France to pay a 10,000 euro ($12,800) fine for having ordered a pro-Palestinian Authority activist off a flight to Tel Aviv because she was not Jewish, AFP reports. According to the report, the court  also ordered the French flagship carrier to pay 3,000 euros in damages to the […]

Full Story