In discussing comprehensive immigration reform in recent days, some commentators have discussed The Heritage Foundation’s previous and anticipated work looking at the costs of unlawful immigration and amnesty. Heritage’s Robert Rector, who helped spearhead welfare reform in the 1990s and is one of the nation’s top experts on government assistance …
A Washington Post article today reports that letting the Bush tax cuts expire would nearly close the fiscal gap. This static logic misses two key dynamic aspects of the economy: (1) the political incentives that higher taxes bring about, and (2) the economic incentives of such policy. 1. Political Incentives. …