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    Shoe Shopping? Legislation Could Make Shoes Cheaper and Create Jobs

    If Congress wants to create more jobs this holiday shopping season, it can start by eliminating many Depression-era tariffs on shoes. According to the Bureau of Labor Statistics, 186,110 Americans work for shoe stores, an industry that generates $4.6 billion in annual wages. Many people who work for large department … More

    Top 15 Tweets About the Fiscal Cliff

    “Fiscal Cliff” has been the catchphrase of the past few weeks, and tweets on the matter have been plentiful.  We compiled a list of the Top 15 tweets about the fiscal cliff that you should read: [uds-billboard name="Top 15 Tweets About The Fiscal Cliff"]

    Morning Bell: 4 Reasons Warren Buffett Is Wrong on Tax Hikes

    Let’s talk taxes. In a New York Times op-ed yesterday, famed investor and Berkshire Hathaway CEO Warren Buffett once again argued that the wealthy should be taxed more. This isn’t the first time Buffett has made the case for higher taxes, and it’s not the first time he’s been wrong. … More

    Warren Buffett Wrong Again on Tax Increases

    As we approach the “fiscal cliff,” there was little doubt that famed investor and self-appointed political sage Warren Buffett would pipe in at some point with his periodic call for higher taxes on his ilk of billionaires. Today was the day. Buffett, of course, is welcome to his opinion, but … More

    The Right Time for a Carbon Tax Is Never

    Once the electorate was made to realize that cap-and-trade bills (Lieberman-Warner, Waxman-Markey, etc.) were actually taxes on fossil energy, cap and trade became political poison. So it is surprising that an explicit tax on fossil energy is now being pushed in Washington. The hope among carbon-tax proponents is that they … More

    Heritage Finds Solutions to Sequestration

    With sequestration—the automatic reductions to the federal government set to occur January 2, 2013—looming ever closer, The Heritage Foundation has put forth a proposal to replace these cuts and avert the disaster. Heritage’s Patrick Louis Knudsen recently detailed $150 billion worth of savings to be found in the federal budget … More

    Chart of the Week: Cut Spending to Avoid the Fiscal Cliff

    The Heritage Foundation has updated its Saving the American Dream plan as the nation moves inexorably towards the fiscal cliff set to hit at the beginning of 2013. From Amy Payne’s Morning Bell: To meet this challenge, Heritage Foundation experts updated our Saving the American Dream plan to address the … More

    Morning Bell: The Fiscal Cliff and Beyond

    In Washington, there is one issue on everyone’s minds: the “fiscal cliff.” With time running out before a massive tax hike strikes on January 1, and wide-ranging budget cuts scheduled to hit at the same time, the economy is bracing for another storm. Today, five public policy organizations including The … More

    Lunch with Heritage Google Hangout on the Fiscal Cliff

    Congress has a chance to deliver Americans a belated Christmas present shortly after Christmas if it can work to avoid running the country off the “fiscal cliff.” The term “fiscal cliff” refers to a combination of massive tax increases—including the expiration of the Bush tax cuts—and deep spending cuts that … More

    The Carbon-Tax-Swap Fantasy

    To its credit, the Obama Administration has yet to endorse a carbon tax. Such a tax is promised as the one-two punch that will put a significant dent in America’s fiscal crisis and the supposed impending doom from manmade global warming. This “market-based” approach will, supporters promise, bring new revenue … More