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    Scholars Agree: High Tax Rates Do Harm Growth

    The Congressional Research Service (CRS) stirred controversy last year when it released a study claiming that tax rates do not influence economic growth. Predictably, those who favor higher taxes used the flimsy report to bolster their backward argument that raising tax rates, as Congress and President Obama did with the … More

    Chart of the Week: Slowest Economic Recovery Since the 1960s

    Americans could be waiting another five years for a return to normal employment based on the sluggish pace of the U.S. economy. After nearly four years in office, President Obama has overseen the worst recovery since the 1960s. This week’s chart comes on the heels of Friday’s employment report, which … More

    Chart of the Week: Major Benefits of Free Trade

    Nations that embrace international trade enjoy significantly stronger economies, achieve lower rates of hunger, and maintain a better stewardship of the environment, according to new data published by Heritage for the forthcoming Index of Economic Freedom. There are, of course, other factors that contribute to such positive trends. But international … More

    WATCH: Citizen United’s David Bossie Previews ‘Occupy Unmasked’ Film

    Liberals are still lavishing praise on the Occupy movement, months after it dissipated. The most recent example came Monday from Washington Post columnist E.J. Dionne, who proclaimed Occupy “will always merit praise for placing inequality at the center of our politics.” A new film from Citizens United paints a different … More

    Chart of the Week: Runaway Spending, Not Low Tax Revenue, Fueling Deficits

    Following the failure of the Joint Select Committee on Deficit Reduction, Sen. Pat Toomey (R-PA) criticized liberals for insisting that any deal include a massive tax hike. In a speech at Heritage last week, he said tax revenue isn’t the problem facing the United States in the future; it’s the … More

    China More Powerful than the United States?

    A recent Pew Research survey included a bizarre result: 44 percent of Americans believed China was the world’s top economic power, against only 27 percent picking the United States. Tough times have made people pessimistic and the media has picked up that pessimism and run, to the point of saying … More