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    A Rare Showing of Bipartisanship

    Yesterday, in a rare showing of bipartisanship, the lame-duck Senate passed the Russia and Moldova Jackson–Vanik Repeal Act of 2012 by a vote of 92–4. The Senate took up the version of the bill that passed by an overwhelming majority in the U.S. House of Representatives last month, which grants … More

    America’s Regulatory Competiveness Continues to Lag

    According to the World Bank’s just-released Doing Business 2013—which looks into various reform measures to rank 185 economies on the ease of doing business—the United States continues to trail Singapore, Hong Kong, and New Zealand. The only surprise is that the U.S. didn’t drop further in the rankings. According to … More

    Debate 2012: Seven New Claims—True or False Quiz

    The second presidential debate was full of claims about the economy, taxes, and regulation. Many of the top 10 true and false claims made during the first debate were repeated during the second. But there were also new claims warranting a closer look. We’ve selected seven new claims in this … More

    Small Town Sympathy Shouldn’t Trump Common Sense Trade Policy

    Recent negotiations of the Trans-Pacific Partnership have sent representatives of government supported industries, like New Balance shoes, scrambling for political help to maintain their high tariffs. While an economic case can’t be made for keeping these tariffs in place, proponents are touching a much more emotional one: culture. New England … More

    U.S. Falls in World Economic Competitiveness Rankings

    The United States’ competitive edge in the global economy is not what it used to be. The World Economic Forum (WEF) reported that the U.S. dropped from fifth to seventh place—the fourth consecutive year it has fallen in the rankings. Chief among the reasons is the one-two punch of skyrocketing … More

    Economic Freedom Matters!

    Richard Florida, who is the author of “The Rise of Creative Class,” posed the following vital questions in his recent article “Free, Tolerant, and Happy” in The Atlantic: To what extent is economic freedom associated with tolerance and happiness? Are freer nations also more tolerant? Are their residents happier than … More

    Tax Deferral 101

    President Obama is proposing raising more than $100 billion in new taxes from American businesses by limiting their ability to defer tax on profits earned abroad.  The President believes that by penalizing them, U.S. companies will have more incentive to keep jobs in the U.S. rather than shipping them overseas.  Of course, … More

    Morning Bell: Obama’s Job Killing Tax Plan

    First the good news: earlier this week President Barack Obama admitted that high taxes kill jobs. Now the bad news: he wants to raise taxes on U.S. companies anyway. Pitching his new tax reform plan Monday President Obama said that our tax code “says you should pay lower taxes if … More