What Is the SALT Cap?
The deduction of state and local tax payments from federal income taxes has been a subject of debate among economists and policymakers over the past few years — with significant implications for our budget and fiscal outlook.
Read MoreWhy Are Americans Paying More for Healthcare?
High healthcare spending is not necessarily a bad thing, especially if it leads to better health outcomes. However, that is not the case in the United States.
Read MoreTaxing the Rich Could Raise Trillions — But That Alone Won’t Fix Our Fiscal Crisis
A new paper from Manhattan Institute’s Brian Riedl examines ways to raise revenue from high-income Americans.
Read MoreShould We Eliminate the Social Security Tax Cap?
There have been a number of proposals to increase, eliminate, or otherwise adjust the payroll tax cap as a way to shore up Social Security’s finances.
Read MoreWould Increased Funding for the IRS Narrow the Tax Gap?
Nearly half a trillion dollars in taxes go uncollected every year. Can increased funding for the IRS bring in more federal revenues?
Read MoreHow Fixing the Appropriation Process Can Help Avoid a Shutdown
There is no question that the appropriation process is broken, with lawmakers consistently missing deadlines and often resorting to the less-than-ideal outcomes.
Read MoreWith Automatic Benefit Cuts Looming, Nearly All Voters Want Lawmakers to Reform Social Security
Social Security, America’s essential public retirement program, is on a path to depletion in less than 10 years.
Read MoreWhat Are Earmarks and What Purpose Do They Serve?
Earmarks have been controversial, but nevertheless were reinstated by Congress in 2021 after a 10-year moratorium.
Read MoreDo Budget Caps Work? 6 Ways to Make Them More Effective
Lawmakers have previously implemented various forms of caps to restrain spending that have been effective at times
Read MoreStrengthening Medicare: Options to Increase Revenues
Most options to increase revenues relate to the payroll tax, since that is where most funding for the trust fund stems from today.
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