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    How President Obama Is Killing Jobs

    Five years on and President Obama still refuses to assume responsibility for his woeful economic record. The buck stops with Republicans, other countries, changes in the weather, etc.—anywhere but the Oval Office. Of course, it’s not new having a chief executive who refuses to admit failure. What is rare is … More

    3 Trillion Reasons Not to Raise Taxes Again

    Do you know how much President Obama has raised taxes? Oh, by about $3 trillion. In a new paper, Heritage expert Curtis Dubay reminds us: President Obama has already raised taxes substantially twice—first as part of Obamacare and then as part of the “fiscal cliff” deal earlier this year. Together, … More

    Why Is Obama Needlessly Scaring Seniors?

    Apparently things aren’t ugly enough in Washington, so President Obama has started scaring senior citizens. “In a government shutdown, Social Security checks still go out on time,” he said last week. “In an economic shutdown, if we don’t raise the debt ceiling, they don’t go out on time.” This scaremongering … More

    Japan’s Revolving Door Tax

    Prime Minister Shinzo Abe is likely to increase Japan’s sales tax from 5 percent to 8 percent next year. Abe and his close ally Haruhiko Kuroda, head of the Bank of Japan, have long advocated for increasing Japan’s money supply by targeting a higher inflation rate in an attempt to … More

    Goodlatte: 7 Things to Consider Before Taxing Internet Shopping

    Efforts in Congress to give state tax collectors power to tax out-of-state (mostly Internet) sales hit a roadblock Wednesday, as House Judiciary Committee chairman Bob Goodlatte (R–VA) released seven principles to guide the debate. These principles reflect the major concerns with such an expansion of taxing power, rightfully setting a … More

    CBO Long-Term Budget Outlook Shows Tax Hikes Unnecessary—Again

    The Congressional Budget Office (CBO) released its long-awaited long-term outlook on the budget today. As surely as the sun rises in the east, it shows there is no need to raise taxes. According to the CBO, federal tax revenues will reach 18.5 percent of gross domestic product (GDP) in 2023, … More

    A Swedish (Economic) Lesson for President Obama in One Chart

    President Obama is making the first ever bilateral visit to Sweden by a sitting U.S. President. As The Heritage Foundation and Swedish think tank Timbro discussed in a recent Google Hangout, the President should learn from Sweden that advancing economic freedom, not big-government policies, is the driver of economic dynamism. … More

    The Most Effective Obamacare Delay Is Full Defunding

    There is nothing controversial about stopping Obamacare. A majority of Americans dislike the law and want it repealed. Obamacare is disastrous for individuals, businesses, and doctors alike. It is unaffordable and unworkable, and the Obama Administration has also made it unfair by giving its pet interest groups waivers and opt-outs. … More

    Family-Run Retailer: Internet Sales Tax Would Put Me Out of Business

    Rick Smith’s 14-year-old, family-run gourmet kitchen utensil business has a lot to lose if the Internet sales tax becomes law. And he’s not alone. While a proposal to tax Internet sales is seemingly stalled in Congress at the moment, a number of online retailers remain fearful of the ill-conceived Marketplace … More

    Subsidies and Taxes Complicate the Future of Nuclear Power

    Rising maintenance costs and a sharp decrease in natural gas prices have put the future of some nuclear power plants into question. But other plants face retirement under the burden of specific taxes and anti-competitive green energy subsidies. Mark Cooper, a senior fellow at the Vermont Law School, recently published … More