Now that Japan lowered its own taxes, the U.S. stands on top with the dubious distinction of having the highest corporate tax rates. Claims that, when you consider all the tax loopholes, subsidies, deductions and tricks, the effective rate is not really the 35% level seem less reassuring. However, if you view any tax policy […]
Dr. Jim Yong Kim, the U.S. nominee for the next chief of the World Bank, has been on a “global listening tour.” Kim’s meet-and-greet tour has been billed as an opportunity “to solicit input and ideas on priorities for the World Bank.” Before embarking his expedition, Kim penned an op-ed noting that “every country must […]
The House Judiciary Committee, by a vote of 15–13, recently approved a proposed moratorium on new regulations in order to spur job creation. The Regulatory Freeze for Jobs Act, introduced by Representative Tim Griffin (R–AR), would freeze all new “significant” regulations from being proposed or finalized until unemployment nationally falls at or below 6 percent. […]
Cities hire Chinese instead of American workers for building projects. SHOCKING ABC News on Obama/USA Infrastructure. Diane Sawyer reporting on U.S. bridge projects going to the Chinese… NOT Americans. The bridges are right here in the U.S. and yet Obama has approved for Chinese contractors to come in and do the work. What about jobs […]
Last week, the Senate Budget Committee Republican staff released a report revealing that, over the next 75 years, Obamacare will add an additional $17 trillion in unfunded obligations—i.e., the benefits promised by the federal government that haven’t yet been paid for. Before Obamacare, federal programs were already responsible for racking up 75-year unfunded obligations of […]
This April Fool’s Day, the joke is on all of us. That’s because as of April 1, the U.S. now has the highest corporate tax rate in the developed world. Our high corporate tax rate has long made the U.S. an uncompetitive place for new investment. This has driven new jobs to other, more competitive […]
President Obama has reassured Americans that if they like their current health insurance, they can keep it. “If you’ve got health insurance through your employer, you can keep your health insurance, keep your choice of doctor, keep your plan,” Obama insisted on Oct. 15, 2008. But two years after signing the Patient Protection and Affordable Care Act into […]
U.S. President Barack Obama is moving ahead with tough new sanctions aimed at squeezing Iran’s oil exports, The Associated Press reported on Friday. The decision was made after Obama determined there is enough crude on world markets to take the step without harming U.S. allies, the report said. Obama’s move allows the U.S. to go […]
In a special Heritage podcast, Congressman Steve King (R – IA) discusses Obamacare’s challenge in the Supreme Court and the budget. Click here to listen. In the case the Supreme Court does not rule Obamacare unconstitutional, is Congress still willing to fight the law? If so, how? And is it true, as the left contends, […]
Earlier this month, University of California economist Emmanuel Saez released his latest installment on income inequality. Predictably, the media is trumpeting its message without considering crucial facts. In this newest update, Saez argues that in 2010, “the top 1% [of income earners] captured 93% of the income gains in the first year of recovery.” Assailing […]
