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For most of 2012, President Obama has been running in the Democratic primary. I know that seems odd, given that he’s essentially running unopposed. But that's not what I'm talking about.
The tax code is 5,296 pages long and full of complicated details. We outlined a few of them in our recent column for the New York Times Magazine. So why hasn't Congress done anything to simplify the tax code? We posed the question to Alan D. Viard, a tax expert at the American Enterprise Institute. His response is below.
Former White House Counsel, now AEI scholar, Peter J. Wallison comments about the "real significance of the Obama campaign's reversal on the use of super PAC."
The dirty little secret of American healthcare is that the mandate wouldn’t save taxpayers a dime. Why? Because the tax subsidies for people with health insurance are bigger than the unpaid medical bills left behind by the uninsured.
In a recent piece American Enterprise Institute President and economist Arthur Brooks tackles what might be the definitive political battle of our times: the case for free enterprise. Brooks explains why free enterprise matters to the United States because it allows Americans to pursue their dreams, earn their success and be rewarded for their hard work.
Many Americans resent banks' roles in the financial crisis and in home foreclosures, and are angered at huge salaries paid by firms that received taxpayer money. These feelings are understandable, but not the entire picture.
As the European debt crisis now knocks on the Italy and Spain's door, it is well to recall that the Euro was a flawed idea from its very inception. The following considerations make it highly improbable that the Euro will survive in its present form by end-2012.
Free-lunch myths should not distract us from the challenge at hand. The fiscal imbalance must be addressed through a bipartisan agreement that includes broad tax increases and entitlement cuts.






