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Chris Edwards

Government Shutdown Solution: Auto CR

CHRIS EDWARDS, CATO INSTITUTE Part of the federal government is closed today because the two parties cannot agree on a discretionary spending plan for the...

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...

Corporate Welfare Absurdity

CHRIS EDWARDS, CATO INSTITUTE This small news bite from the Washington Post yesterday caught my eye: Moving costs: Booz Allen Hamilton, the McLean, Va., consulting and government contracting giant,...

Obama’s Tax Plan is Not Simple

CHRIS EDWARDS, CATO INSTITUTE President Obama’s tax plan would create “A Simpler, Fairer Tax Code,” according to the official fact sheet. The president’s budget uses “simplify” numerous times...

Advantages to Trump’s Proposed Privatizing of PMAs – Cato Study

CHRIS EDWARDS, CATO INSTITUTE The Trump administration proposed privatizing the Power Marketing Administrations (PMAs) in its budget last year.  Cato has released a study discussing the PMAs...

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...

Air Traffic Control: Bureaucracy and Unions

CHRIS EDWARDS, CATO INSTITUTE For more than a century, America has been the global leader of the aviation industry. But these days, the government-run parts...

Highways and the Federal Gas Tax

CHRIS EDWARDS, CATO INSTITUTE Another day, another news article supportive of raising the federal gas tax. This time it’s the Wall Street Journal. The article...

Government Infrastructure Is Inefficient Everywhere

CHRIS EDWARDS, CATO INSTITUTE An op-ed in the Wall Street Journal today indicates that Edwards’ Law of Cost Overruns is an international standard. If a...

Tax Army Larger than U.S. Army

CHRIS EDWARDS, CATO INSTITUTE The Office of Management and Budget has released new data on the amount of time Americans spend complying with the federal...

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...

VA Scandal: Crisis of Big Government

CHRIS EDWARDS, CATO INSTITUTE Peggy Noonan’s op-ed on the weekend was titled “The VA Scandal Is a Crisis of Leadership.” Noonan discusses how President Obama...

IRS Budget Cuts and Tax Filing

CHRIS EDWARDS, CATO INSTITUTE For taxpayers needing IRS help, this year’s filing season could be a nightmare. The Washington Post today reports on the long...

TFSAs Spur Canada Savings Revolution

CHRIS EDWARDS, CATO INSTITUTE A tax reform is spurring a savings revolution in Canada. Amity Shlaes and I wrote about Canada’s Tax-Free Savings Accounts (TFSAs)...

High Earners Pay Bulk of Income Taxes

CHRIS EDWARDS, CATO INSTITUTE President Trump and his advisors are stressing that they want tax cuts for the middle class, not high earners. Trump said, “the...

New Estimates of Corporate Tax Rates

CHRIS EDWARDS, CATO INSTITUTE Corporate tax reduction is at the center of the tax reform debate in 2017. While the United States has the highest...

Federal Fuel Foolishness

CHRIS EDWARDS, CATO INSTITUTE The federal government imposes a mandate to blend ethanol into gasoline. This “Renewable Fuel Standard” harms consumers, damages the economy, and...

More Infrastructure? Cut Business Taxes

CHRIS EDWARDS, CATO INSTITUTE Infrastructure is in the news as policymakers face a deadline to pass a new highway bill. President Obama visited the Tappan...

Taxes, Tennis, and Transportation

CHRIS EDWARDS, CATO INSTITUTE We have an uncompetitive federal corporate tax rate of 35 percent compared to Canada’s 15 percent. Our Roth IRA is inferior...

Opportunity Zones Fuel Corruption

CHRIS EDWARDS, CATO INSTITUTE The federal government dispenses unequal treatment to Americans through subsidies, regulations, and narrow tax breaks. The unequal treatment generates lobbying and...

Purging Unions from the Public Sector

CHRIS EDWARDS, CATO INSTITUTE The Supreme Court hears arguments today regarding the ability of state governments and their labor unions to extract union fees from...

Multi-Billion Dollar Boondoggle at Department of Energy

CHRIS EDWARDS, CATO INSTITUTE The federal government spends an unreal amount of taxpayer money cleaning up nuclear weapons sites. In this study at Downsizing Government, I...

Talking Taxes with Rep. Ralph Hall

CHRIS EDWARDS, CATO INSTITUTE Rep. Ralph Hall is in the news for losing to a primary challenger in his Texas district. I first met 91-year-old...

The School Computer Mania

CHRIS EDWARDS, CATO INSTITUTE The Washington Post reports that President Obama is cheerleading for more spending on high-speed Internet, tablet computers, and Wi-Fi in the...
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Talking Tax Reform with Nick Gillespie

CHRIS EDWARDS, CATO INSTITUTE Last week I sat down to talk tax reform with Nick Gillespie, the editor-in-chief of Reason.com and an all-around guru of...

Earmark Supporters Should Run for Public Office

CHRIS EDWARDS, CATO INSTITUTE If you are interested in national issues such as defense, foreign policy, and trade, and want to hold public office, you...

Trump Spending Cut Ideas

CHRIS EDWARDS, CATO INSTITUTE President-elect Donald Trump said on the campaign trail that he will balance the federal budget and cut wasteful spending. Here are...

Who Gained from the Tax Cuts?

CHRIS EDWARDS, CATO INSTITUTE The Tax Policy Center (TPC) has released a new analysis of the Tax Cuts and Jobs Act passed in December. The analysis examines...

Cut Spending Because Government Hurting Nation

CHRIS EDWARDS, CATO INSTITUTE I have posted an updated plan to cut spending by one fifth and balance the federal budget. These cuts are not...

Time to Repeal Ethanol Subsidies

CHRIS EDWARDS, CATO INSTITUTE The federal government provides an array of subsidies to increase the consumption of biofuels such as corn ethanol. The subsidies include...