The following is a summary highlighting testimony by AEI Director of Economic Policy Studies Kevin Hassett to the Joint Economic Committee at a hearing entitled "How the Taxation of Capital Affects Growth and Employment."

Some nations view income redistribution as a sensible way to ameliorate class tension, but income equalization strategies tend to lower entrepreneurial as well as labor incentives.

Overemphasis on income inequality will result in poor policy.

How are factors such as corruption perception and the level of democracy influencing foreign direct investment to developing economies?

Throughout Social Security's history, benefit adequacy has been balanced with equity.

The upward trend in income inequality prior to 1993 significantly slowed thereafter once researchers controlled for top coding in the public use data and censoring in the internal data.

This study's estimates of the reduction in accidents from a ban on cell phone use while driving are both lower and less certain than previous studies indicate.

Free enterprise is a declaration of what Americans truly value, as people know intuitively that it allows them to earn their success, and in turn to achieve the greatest levels of happiness.