There is near-universal agreement among economists that raising marginal tax rates during slow economic times only makes the economy weaker. Higher tax rates reduce employment, cut investment activity, and soften household demand for goods and services. Even so, Congress is considering right now a number of tax proposals, most of…

One way to spur private sector investment in the U.S. and get it into the hands of entrepreneurs would be to reduce the federal statutory corporate income tax rate, which is currently 35 percent. The Heritage Foundation’s Center for Data Analysis (CDA) conducted a dynamic simulation of…

The end of the August recess brought with it the beginning of a historic tax debate. Congress soon will decide whether to extend tax relief passed in 2001 and 2003 to all income-earning groups or to only some. In the course of making that decision, Congress may set the fate…

Responding to the BP oil leak, President Obama instituted a moratorium on deepwater (over 500 feet) drilling. Though a judge ruled against the moratorium, drilling has not restarted. In addition, though no official moratorium was issued for drilling in shallower water, the permitting process has slowed considerably.[1] …

While President Obama continues traveling the U.S. heralding the passage of the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act, businesses across the U.S. are growing more and more discontent—and for good reason. The new health care…