At this event, Alan Viard will present the X tax proposal while James Mackie of the U.S. Department of the Treasury and Chris Edwards of the Cato Institute will offer commentary.

This article is the first part of a two-part examination of the contentious issue of how state governments' provision of goods and services to the public should be taxed under a VAT.

In a recent letter, Martin Lobel describes as "intellectually bankrupt" our arguments against S. 940 and S. 2204, two recent bills that would have imposed unfavorable tax rules on five large oil companies that would not have applied to other taxpayers. Unfortunately, Lobel mischaracterizes our analysis of why the bills violate the rule of law.

Taxmageddon is the result of the extreme shortsightedness of President Obama and the Democrats, who extended current tax policies for only two years back in 2010. The latest research suggests that the economy will suffer severely this year for that shortsightedness.

Ominously labeled "Taxmageddon," a host of tax policy changes are set to occur at year-end, and there truly is much at stake: $3.67 trillion of additional tax revenue over 10 years from the Bush tax cuts alone.

The first order of business for a Republican president next year should be corporate-tax reform. But even if Republicans win big in the fall, undoing America's largest policy error will be an almost impossible political lift, unless enough people in both parties come to grips with the counterintuitive economics of corporate-tax reform.

As the House of Representatives prepared to consider the Small Business Tax Cut Act, AEI economist Aparna Mathur gave testimony on why higher taxes and regulation on small businesses impede sustainable economic growth. 

Are Americans better off today than they were before Barack Obama was elected to office? Americans for Tax Reform President Grover Norquist and economist John Lott, Jr. argue in "Debacle: Obama’s War on Jobs and Growth and What We Can Do Now to Regain Our Future" that spending increases, mounting debt, new regulations and higher tax rates answer this question with a resounding “no.”

What's on the horizon for taxes? AEI's Aparna Mathur weighs in with the House Small Business Committee.