Capping an individual's benefit from tax expenditures at 2 percent of adjusted gross income would reduce the federal deficit in 2011 by 1.7 percent, or one-third of the total deficit.

Two months ago, the House adopted a budget resolution that outlines the Republican majority's ambitious plans to slow the growth of federal entitlement spending. If implemented properly, entitlement spending restraint can address the long-term fiscal imbalance in a way that promotes economic growth and freedom.

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. 

The "Buffett Rule's" stated goal of making millionaires pay the same tax rates as the middle class is appealing. Unfortunately, the proposal is based on inaccurate claims about the tax system and its enactment would penalize the investment that fuels long-run economic growth.

Congress must address pressing financial needs without raising taxes in such a way that it does not harm the economy.

Here’s the problem: The president never defines what he means by “fair.” And this is for a simple reason: his definition is simply not recognizable to most Americans.

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

Karlyn Bowman is a senior fellow and Andrew Rugg is a research assistant at the American Enterprise Institute. The views expressed in this article are the authors' and do not necessarily reflect those of any other person or institution.

In this article, Bowman and Rugg discuss the public's opinion about...