On this Halloween, a truly frightening specter is looming. No amount of garlic, crosses, or exorcists can help us—only Congress and the President can chase this ghoul away. It’s Taxmageddon. A horrifying combination of expiring pro-growth tax policies from 2001 and 2003, the end of the once-temporary payroll tax cut, …
Politicians too often confuse “free money” with “free markets”—that is, they consider themselves pro-business when they work deals that make some businesses happy, even though it usually comes at the expense of the overall economy. So it should be no surprise that President Obama claimed in a Morning Joe interview …
President Obama has a new booklet—a glossy, 20-page spread called “The New Economic Patriotism: A Plan for Jobs and Middle-Class Security.” The title is completely Orwellian, since the plan—which is nothing new—would actually kill jobs, harming the middle class. As expected, the “new patriotism” means paying more in taxes for …
Sometimes the law just gets in the way. The Obama Administration hasn’t needed Congress to enact new regulations on the Internet, businesses, energy production, and religious institutions. It has used its power to give struggling labor unions a new edge. It has granted amnesty to illegal immigrants. This blatant disregard …
Some months ago, President Obama famously announced: “You didn’t build that.” The “context” of that quote remains controversial. The White House claims that Obama simply meant that nobody can succeed in business unless government first provides things, including infrastructure and education. That’s arguable. Big government, after all, tends to throw …
During last night’s debate between President Obama and former Governor Mitt Romney, Heritage’s policy experts were live-blogging their analysis of the ideas discussed. Below are some of the highlights of our experts’ reactions to the major points made. Join us today at 11 a.m. ET for a Google hangout as …
Recent analysis by the Urban Institute says that Obamacare has “a negligible impact on total employer-sponsored coverage and its costs.” But a closer look at the results of the study uncovers some other important points: Two-thirds of employees observe decreases in wages while their employers deal with increasing costs. The …
Tonight’s debate between Vice President Joe Biden and Representative Paul Ryan is supposed to cover both domestic and foreign policy. The Heritage Foundation’s policy experts have submitted 10 questions they would like to see asked in the debate. Watch with us tonight—we will be streaming the debate live at 9 …
In the recent presidential debate, President Obama said that only 3 percent of small businesses would pay higher rates under his plan to increase the top two marginal tax rates. The implication was that job creation wouldn’t suffer, because so few businesses would pay higher tax rates under his plan. …
