At this event, Alan Viard will present the X tax proposal while James Mackie of the U.S. Department of the Treasury and Chris Edwards of the Cato Institute will offer commentary.

Alan D. Viard, a resident scholar at AEI, reviews the budget outlook, the need for tax reform and the benefits of moving to a progressive consumption tax. He also discusses his forthcoming book, Progressive Consumption Taxation: The X Tax Revisited, which he coauthored with Robert Carroll of Ernst & Young. The book will be published by AEI Press in the Spring.

In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.

It's tempting to call the shameful taxpayer subsidy for electric cars - vehicles that are unaffordable for all but a small number of wealthy Americans - this nation's costly little secret.

The increased flow of capital to the US would result in greater productivity and higher real wages.

Here is another good news/bad news column about the 112th Congress.

While almost all politicians appear to favor the extension of tax cuts for low- and middle-income households, many politicians are disparaging investment and in particular the taxpayers who account for most of that investment.

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.