Republicans in Ohio last week took an important step toward broad tax reform when the state House of Representatives approved an across-the-board reduction in the personal income tax.
Boeing’s recent stumbles with its new 787 Dreamliner have again brought into question what role U.S. taxpayers should play in subsidizing the giant airplane manufacturer.
In today’s dicey job market, thousands of U.S. jobs are being threatened, but not only by foreign competition, financial collapse, or one of the other common foes of employment we are used to seeing in the headlines. The enemy of vast numbers of American retail workers is an unfair sales tax policy that targets local, brick-and-mortar businesses with the responsibility of collecting and remitting sales tax while allowing Internet-based merchants off the hook. It is unfair, and it has been going on for 20 years.
In two months, voters will be faced with a choice between two fundamentally different approaches to America’s economic challenges: one that advocates for tremendous investments from the federal government to restart the economy and another that allows the regulatory and financial flexibility to let the market and small businesses drive economic growth.
Green energy has become a focal point of President Obama’s jobs agenda. Through generous taxpayer-funded loans and federal regulations, the administration has promised to prop up clean energy initiatives in order to grow the economy and protect the environment. Unfortunately, it is Obama’s allies that have received the boost, as opposed to the American workers.
Once again, big labor has shown that it can’t play nice. On Wednesday, American Airlines’ Allied Pilots Association (ALPA) rejected a concessionary contract offered by management. The contract included pay raises and a 13.5 percent stake in the company, but that apparently was not enough.
The Export-Import Bank is a government agency which is responsible for aiding in the export of American goods and services. They accomplish this by employing a number of programs including loans, guarantees and insurance. The Ex-Im Bank is supposed to engage in these activities in a way that doesn’t harm American corporations or produce job losses, yet that is exactly what they are doing.
In late March, health care reform will face the “supreme” test. Tasked with determining the constitutionality of an individual mandate, the U.S. Supreme Court will begin hearing five and a half hours of oral arguments – the most time allotted in nearly 50 years and a sign of this deliberation’s significance.