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    A Middle Class Bill of Rights

    Rep. Eric Cantor (R-VA) dropped by Heritage this afternoon for our Conservative Bloggers’ Briefing to talk about his Middle Class Bill of Rights, a plan he’s crafted to address concerns he’s hearing from constituents in his district and across America. Cantor said for too long Democrats have claimed to ownership … More

    Tax Cuts, Not Tax Hikes, Ought to be Priority During Recession

    The Heritage Foundation has long argued that tax cuts, not tax hikes, are the best policy, especially when the economy is weak. Turns out Barack Obama agrees with us. Watch the video yourself, but here is a rough transcript of Obama’s exchange with George Stephanopoulos from This Week: STEPHANOPOULOS: Even … More

    No Change Coming in Tax Policy

    MINNEAPOLIS – Economic advisers from both Barack Obama and John McCain’s campaigns squared off in a panel on tax policy this afternoon, and the consensus among the non-partisan members of the panel was that no matter who wins, Americans should not expect any major changes in tax policy. After both … More

    Higher Taxes Can't Save Us

    Columbia University Business School dean Glenn Hubbard writes in the Wall Street Journal today: The spending shortfalls in Social Security and Medicare are large. According to the Congressional Budget Office, Social Security and Medicare spending left unchecked would, after a generation, consume about 10 percentage points more of GDP than … More

    Gang of 10 Energy Plan is Gangrene

    The Gang of 10. Sounds like something out of Westside Story. I keep waiting for Riff from the Jets to enter the picture somewhere, but it hasn’t happened yet. In reality, the Gang of 10 is a group of senators, 5 Democrats and 5 Republicans, leading the charge to combat … More

    Obama's Tax Plan Takes One Step Forward, Two Steps Back

    In an article in the New York Sun, I praised

    Red Tape Becomes Red Ink

    Manhattan Institute senior fellow Steven Malanga looks at a new Development Counsellors International survey of corporate executives and notes: More than four in ten of [the CEOs] have ranked New York as the worst state to do business in–second only to California in unfavorable mentions. The most common gripes included … More

    Stark's Remarks on Taxes Revealing in Ways He May Not Intend

    In a body known for intemperate remarks and fabricated figures, Rep. Pete Stark (D-Calif.) put in a worthy nominee for top honors in 2008 recently when he said: … the unfunded cost of the McCain-Bush tax cuts is more than $100 trillion. So if you weren’t giving away all of … More

    Morning Bell: Does Not Compute

    According to the non-partisan Annenberg Political Fact Check, Sen. Barack Obama’s tax plan would increase gross tax receipts by $103.3 billion in 2011 alone. That number by itself would make it the largest single-year tax increase in American history since World War II, and measured as a percentage of gross … More

    Morning Bell: The Tax Man Cometh

    Benjamin Franklin wrote in 1789, “In this world nothing can be said to be certain, except death and taxes.” But although the outcome is always the same when the grim reaper visits, the punishment the tax man inflicts can vary widely. Since the early 1980s — after Americans rejected Jimmy … More