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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.
But the mere existence of income inequality tells us little about what, if anything, should be done about it.
At this event, Thomas White and Charlie S. Wilkins, drawing on their long involvement in multifamily finance, will present their prescription for the future of multifamily housing finance reform, and John C. Weicher and Thomas Watts will draw from their own deep wells of experience to comment on the presentation.
Policymakers might be sobered by the results of a natural experiment banning the sale of gutka in the state of Maharashtra in India.
Last week, the Administration released its eagerly awaited report on reforming the housing finance market. The Dodd-Frank Act had omitted consideration of the government sponsored enterprises (Fannie Mae and Freddie Mac) because they were perceived to be sufficiently important to warrant separate consideration.
The typical sales tax applies primarily to sales of goods and exempts many types of consumer services. The disparate treatment of goods and services has been uniformly condemned by tax policy scholars because it creates economic inefficiency and complexity.
President Obama’s remarks on inequality, stoking populist anger at “the rich,” suggest that the theme for his reelection bid will be not hope and change but focus on reducing class disparity with government help. But this effort isn’t limited to economics; it is playing out in our nation’s schools as well.
Taxes are an essential ingredient in the civic glue that binds us together. It's time to be honest about our fair share.






