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    Side Effects: Seniors Will Lose Big Under Obamacare

    Passage of Obamacare will have negative consequences for practically all Americans. However, it is the nation’s senior citizens who will get the short end of the stick after enactment of the President’s health care agenda. In a recent paper, Heritage health policy expert Robert Moffit, Ph.D., lays out the specific provisions of … More

    Osama bin Laden Wants to Cut Wasteful Spending?

    Yesterday, the House voted down a provision introduced by House Republican Whip Eric Cantor (R-VA) to cut a 2009 welfare expansion program. The introduction of this spending cut was a part of a new program by Cantor’s office called “You Cut”. The programs offers a website where Americans can go … More

    Guest Blogger: Rep. Joe Pitts (R-PA) on the VAT

    Today, 154 Republicans joined me on a letter to the President’s debt commission asking them to stand against a new value-added tax, or VAT. I’m proud to see our Conference unite against a tax that’s being pushed by Paul Volcker, John Podesta, and Nancy Pelosi. The VAT is clearly a … More

    Only VAT Can Fund Leftist Welfare State

    Recently in the Wall Street Journal, David Ranson pointed out what tax economists have known for a long time: no matter what changes Congress makes to the existing tax code, it will continue to raise the same amount of revenue as a percentage of GDP year-after-year. Ranson writes: Despite big … More

    America to Debt Commission: Read Our Lips—No New Taxes.

    Last week, the President’s debt commission held its kick-off meeting.  The National Commission on Fiscal Responsibility and Reform, a group of 18 lawmakers and policy experts, has been tasked with proposing a solution to the mounting financial crisis facing the United States government. As we show in our 2010 Budget … More

    Video of the Week: Pennsylvania Department of Revenue’s Ode to Orwell

    The scene opens up on an image of the Earth and slowly zooms in down through the clouds while an ominous female narrator declares, “Your name is Tom … You live just off of 5th Street … Nice car, Tom—nice house.” As the camera sinks lower and lower, it finally … More

    High Corporate Income Tax Rate Driving Jobs Overseas

    The United States has the second highest corporate tax rate of any of the 30 countries in the Organization for Economic Cooperation and Development (OECD) – a collection of the most economically developed countries in the world. The federal rate is 35 percent. Add on the average state corporate income … More

    New Bill Would Make Long-Overdue Changes to Tax Code

    With all the damaging bills coming out of Congress today, and promises of more to come, it is easy to lose sight of necessary positive policy changes that Congress should be making to improve the tax code and increase economic growth. Representatives Jim Jordan (R-OH) and Jason Chaffetz (R-UT) look … More

    How Obamacare Impacts Small Business

    Small businesses will bear a significant burden under Obamacare. New regulations, mandates, taxes and numerous costs will impact how companies operate. The National Federation of Independent Business counted all of these new requirements and came up with 25 ways the new health care law changes life for business owners over … More

    Obama Calls for a VAT

    President Obama has consistently ducked the question on whether he is considering a massive tax hike in the form of a value added tax (VAT) – until now. Yesterday in an interview with CNBC, the president made clear that he is open to a VAT – once he has seen … More