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    Constructive Small Business Expensing Bill Introduced

    Representatives Pat Tiberi (R–OH) and Ron Kind (D–WI), both Ways and Means Committee members, have introduced the America’s Small Business Tax Relief Act of 2014 (H.R. 4457). This legislation would make permanent section 179 expensing and allow businesses to deduct up to $500,000 annually in expenses incurred buying machinery, equipment, … More

    President Obama Should Lift Ban on Energy Exports

    America’s Founders felt the freedom to export was so important that they included it in the U.S. Constitution: “No Tax or Duty shall be laid on Articles exported from any State.” President Obama should reaffirm that vision by removing restrictions on energy exports. Today, the U.S. government limits exports of … More

    Energy Exports: Free Trade for Me, but Not for Thee

    Some corporate interests are lining up to fight economic freedom in the United States by maintaining the government’s restrictions on energy exports. Their efforts are seen by some to be remarkably hypocritical—even by Washington, D.C.’s low standards. For example, oil refiner Valero fears that exporting U.S. crude oil could decrease … More

    As Fed Tapers, More Central Bank Independence Needed

    This week finance ministers and central bank officials from around the world will converge on Washington for the spring meetings of the World Bank and the International Monetary Fund. Discussions of monetary policy normalization are leading this year’s expansive schedule. One notable item missing from the agenda is discussion of … More

    Getting Your Neighbor's Mortgage Off Your Lawn

    Did you know you are probably responsible for your neighbors’ mortgage payments? What? Heritage expert Norbert Michel explained: Nearly all new residential mortgages are currently being guaranteed by Fannie [Mae] or Freddie [Mac] because these companies buy mortgages from banks and then sell investments backed by the mortgages. And because … More

    What Women Want in Work-Life Balance

    More mothers are staying home with their kids, says a new Pew report. The number of stay-at-home mothers reached an all-time low of 23 percent in 1999 and then began to rise until about 2004. By 2012, the percentage of stay-at-home mothers had jumped to 29 percent, up from 26 … More

    Trade, Not Aid, Could Protect 100,000 Children in Africa

    President Obama’s proposed 2015 budget continues to put aside money for malaria prevention worldwide in the battle to help the 3 billion people at risk from the disease. Much of this money goes to sub-Saharan Africa, which accounts for 90 percent of all fatalities from Malaria. However, with responsible economic … More

    Tax Refunds Cause for Concern, Not Celebration

    Tax Day, April 15, is fast approaching. Americans’ general dislike or sometimes outright disgust toward paying taxes is typically cushioned by the widespread receipt of “tax refunds.” Receiving a refund, however, does not mean that individual or family pays no taxes. Rather, refunds are the result of federal withholding tables … More

    CBO Affirms What We’ve Known All Along: Reducing National Debt Will Grow the Economy

    House Budget Committee Chairman Paul Ryan’s (R–Wis.) steps to reduce the budget would help boost economic growth. Ryan’s 2015 budget proposal contains more than $5 trillion in savings over 10 years and balances by the end of the budget window, leaving a $5 billion surplus in 2024. Ryan’s budget acquires … More

    State Occupational Licensing: A Burdensome Barrier

    The latest report from the Bureau of Labor Statistics shows that barriers such as excessive state occupational licensing are thwarting opportunity for low-income workers. Occupational licensing can make sense for some industries that require highly technical or specialized skills, but not all jobs require such knowledge or skills. Yet in … More