
American policy on illegal immigrants is plagued by an inherent tension, bordering on schizophrenia. The right brain approves of them because they are immigrants and the US is a nation founded on immigration. The left brain disapproves of them because they are illegal and Americans are passionate about the rule of law. Now, the subject [...]
Margo Thorning, senior vice president and chief economist with the American Council for Capital Formation, said renewable energy does not meet requirements to support tax incentives as they are no longer an emerging industry, have no impact on greenhouse gases, and do not create jobs. The federal tax code should be neutral and rely on policies like depreciation, she said
President Obama demonstrated again this week that the “all of the above” approach to energy policy promised in his State of the Union address was merely a short-term slogan. The administration’s new tax-reform proposal indicates a continued stubbornness to pick winners and losers in the marketplace — slashing, among others, broad-based provisions that benefit all [...]
The one thing on which our political leaders seem to agree is the need for corporate tax reform. Barack Obama and Mitt Romney unveiled new proposals on the same day last month, with President Obama cutting the top corporate tax rate to 28% and Mr. Romney reducing it to 25%. Rick Santorum would cut the [...]
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ACCF congressional testimony: Renewables Remain Costly and Inefficient and Green Jobs Are Few—Cutbacks Should Be Considered to Address U.S. Deficit
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