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tax and budget policy

Hurricanes and USAs

CHRIS EDWARDS, CATO INSTITUTE Congress may loosen 401(k) rules to allow Harvey and Irma victims to access their retirement savings without the usual 10 percent...

What Do the Subsidy Recipients Think about Cutting Subsidies?

DAVID BOAZ, CATO INSTITUTE Ever since President Trump and budget director Mick Mulvaney released a proposed federal budget that includes cuts in some programs, the...

Corporate Tax Cuts: Canada’s Experience

CHRIS EDWARDS, CATO INSTITUTE President Donald Trump and congressional Republicans are proposing to cut the corporate tax rate. With any tax cut, members of Congress...

Regulations & Taxes—Democrats Then & Now

CHRIS EDWARDS, CATO INSTITUTE In recent decades, the Democratic Party has moved far to the left on economic policy. I have discussed the leftward shift...

Regulations & Taxes—Democrats Then & Now

CHRIS EDWARDS, CATO INSTITUTE In recent decades, the Democratic Party has moved far to the left on economic policy. I have discussed the leftward shift...

Accuracy of Macroeconomic Forecasts

CHRIS EDWARDS, CATO INSTITUTE One of my first professional jobs 25 years ago was with the economic forecasting firm DRI/McGraw-Hill. It was fun work, but...

Governor Brownback’s Tax Cuts

CHRIS EDWARDS, CATO INSTITUTE Kansas Gov. Sam Brownback (R) has become a punching bag for liberal pundits. They particularly dislike his tax reforms, which they say...

Minimum Wage Solidarity Misplaced

JAMES A. DORN, HERITAGE FOUNDATION Senate Democrats are anxious to bring the Minimum Wage Fairness Act (S. 1737) up for a vote to express their...

Another Defective IMF study on Inequality and Redistribution

ALAN REYNOLDS, CATO INSTITUTE “IMF Warns on the Dangers of Inequality,” screams the headline of a story by Ian Talley in the Wall Street Journal....