Different types of tax provisions shape effective marginal tax rates on income, and some basic principles should govern the roles of these provisions in setting effective marginal tax rates.

Different types of tax provisions shape effective marginal tax rates on income, andsome basic principles should govern the roles of these provisions in setting effective marginal tax rates.

President Barack Obama's policy priorities in the health care debate impose barriers on the American dream by increasing the penalty on additional income for low- and middle-income workers.

The Obama administration and the 112th Congress should lower effective corporate tax rates so the United States can compete in the global economy.

By eliminating the deductibility of interest, accelerating depreciation schedules, and reducing the corporate tax rate, we can reduce the effective marginal tax rate and improve U.S. competitiveness.