President Obama has some explaining to do. The Government Accountability Office (GAO) yesterday revealed that 3,700 federal contractors — who were recipients of $24 billion dollars in stimulus funds — are tax evaders. In total, they owed the government at least $757 million dollars – probably more since the IRS …
It might not be front-page news in the mainstream media, but according to a new poll, a large majority of Americans are alarmed at the prospect of U.S. debt continuing to grow past its already astronomical $14.3 trillion limit. They’re right to be worried, as America’s out-of-control spending takes the …
This week is U.S. Small Business Week, and it’s important to take a moment to recognize those companies that have done so much for the country. It’s especially important because so many of these businesses are being threatened by regulatory burdens imposed by Obamacare and a slew of other economic …
The House of Representatives approved a measure yesterday by a wide margin that establishes a consistent and government-wide policy denying taxpayer funds and subsidies for elective abortions. The bill, H.R. 3, passed by a comfortable 76-vote margin, and it now proceeds to the U.S. Senate, where its prospects are less …
When faced with losing one of the most brilliant companies in the country, Twitter, even San Francisco can have a moment of revelation regarding tax policy. Burdened with heavy California taxation—and San Francisco’s on top of that—Twitter presented a letter to the San Francisco Board of Supervisors giving them an …
It seems everyone except President Obama is presenting a detailed plan for dealing with our nation’s rapidly growing debt these days. The latest entry comes from the Bipartisan Policy Council. One feature of their plan, “SAVEGO,” calls for automatic spending cuts and higher taxes should Congress not reduce the debt …
Self-styled commentator, comedian, and wedge-issue fan, Tina Dupuy, recently drove a wedge between reality and reporting. In her Atlantic column she declares the bogus assertions of Citizens for Tax Justice as “fact,” and trashes The Heritage Foundation analysis for employing common sense and economic logic. When an activity is rewarded, …
Over the past two weeks, you have relentlessly engaged in dishonest, deceptive and factually incorrect critiques of Heritage’s recent analysis of the Ryan budget plan, and they need to be addressed. With all of the work good people of every political stripe need to be doing in Washington today, the …
U.S. taxpayers will spend $431 billion just complying with the tax code this year, according a new study by Arthur Laffer, Wayne Winegarden, and John Childs. That’s not money collected by the Internal Revenue Service; that figure represents just the value of the time taxpayers will spend keeping records and filling out …
