President Obama opened his State of the Union address with a quote from President John F. Kennedy: “the Constitution makes us not rivals for power but partners for progress.” But Obama’s speech that followed and the agenda it advocated indicate he failed to study JFK’s famous 1963 State of the Union and its ambitious program of tax cuts and tax reform that successfully shifted the U.S. economy into high gear.
This week, in Seoul, South Korea, government representatives from 176 United Nations (UN) member-states will meet to discuss proposals ostensibly aimed at curbing tobacco use worldwide.
One of the services of the Simpson-Bowles Commission was to set out a path for tax reform, with lower income tax rates and removal of many tax preferences -- or, to use the commission's term, tax expenditures.
The comments by Harvard University’s Lawrence Summers, arguably the most important economist on the Democratic side for the last two decades, last week at Brookings exemplify this attitude. Summers discussed four priorities for tax reform.
What do the flat tax and national sales tax (and even the value-added tax) have in common?
There's a reason President Obama, Mitt Romney, Paul Ryan and many others are touting tax reform these days. On the campaign trail, it taps into deeply held beliefs about the way American society ought to work and the role of government.
In his State of the Union address last week, President Obama used billionaire investor Warren Buffett's secretary, Debbie Bosanek, as a prop to illustrate the unfairness of our tax system. "Right now," he said as Bosanek sat near first lady Michelle Obama, "Warren Buffett pays a lower tax rate than his secretary."
The Ryan-Romney relationship is a very important one. Ryan has not endorsed anyone in the presidential race so far. But Romney has endorsed the Ryan budget (as has Huntsman).
The Cain Campaign launches an animated video on the benefits of "9-9-9."
Gosnell Movie Exposing Late-Term Abortionist Becomes Most Successful Indiegogo Film Ever | Cortney O'Brien
National Poll: Half of Respondents Say They're "Less Likely" to Vote for Another Bush | Daniel Doherty