Tax season is over for all but the greatest procrastinators among us. Two-thirds of taxpayers are celebrating their forthcoming refunds while tens of millions of others have grudgingly written a check to the IRS.
Based on fairness concerns, there’s a strong case for making the tax system more marriage neutral by shifting to individual rather than family-based taxation, and for providing increased support to low-income individuals without children.
Though we seldom think of them this way, America's statistical agencies are the very eyes and ears of our democracy. When they are functioning properly, they provide essential information to help the public and its elected representatives see what is going right in our country-and what is going wrong. Such information is crucial for forming a more perfect union.
A corporate income tax serves a useful role as a backstop for the individual income tax by taxing reinvested corporate profits that would otherwise escape immediate taxation. However, the current U.S. corporate income tax performs this role poorly and the reforms currently being discussed do not address its basic flaws.
Worksharing could reduce the risk that the next recession might lead to another surge in long-term unemployment, help keep some of the millions of workers who are laid off every year in their jobs, and in so doing help avoid the problem of “hysteresis” associated with long-term unemployment.
This half-day conference, cohosted by AEI and the International Tax Policy Forum, will explore the economic effects of territorial taxation.
The American Enterprise Institute commemorates the remarkable life and works of economist Murray Weidenbaum, who died on March 20. One of AEI’s most accomplished scholars, Weidenbaum championed free markets and limited government in public policy roles that included service to five U.S. presidents.
Join us at AEI as the Right Honorable Liam Fox sits down with Marc Thiessen to discuss and debate whether America’s intelligence agencies have infringed on the personal privacy of US citizens.
How can young people succeed in workplaces dominated by curmudgeons who are judging their every move? At this AEI book event, bestselling author and social scientist Charles Murray will offer indispensable advice for navigating the workplace, getting ahead, and living a fulfilling life.