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On April 5, 2012, the President signed into law the Jumpstart Our Business Startups (JOBS) Act, which passed by a large bipartisan majority in the Congress. The Act is designed to facilitate the equity funding of new companies. Recent research has documented that from 1980 through the 2008-09 recession new companies have been main drivers of job creation in the United States.
What's on the horizon for taxes? AEI's Aparna Mathur weighs in with the House Small Business Committee.
Obama's supporters might suggest that the jobs picture would have been far worse without the president's big-government, high-regulation policies. But past presidents were far less ambitious in hard times, and saw far better results.
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.
Tackling jobs creation has to be the biggest priority for the government right now. If steps are not taken today to address the jobs issue, the July numbers will have been an aberrant blip.
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.
Obamacare may be President Obama proudest legislative achievement, but the fact is it has been a political disaster for Democrats. The unpopular law has galvanized Obama’s conservative opponents, driven away moderates and independents, and hung like an albatross around the neck of the U.S. economy. A decision by the Supreme...
Progress against poverty requires measuring countries by the rule of law, judicial independence and free speech.





