October 02, 2015 | Wall Street Journal's Think Tank | Op-Ed
Donald Trump calls his tax plan “phenomenal.” Does it pass three tests of economists and policy wonks? 1. Simplicity. The U.S. tax code is 74,608 pages. There’s wide agreement that it needs simplification. Taking people off the tax rolls is the easiest way to simplify compliance. Mr. Trump’s plan would eliminate federal income taxes for […]
The VMT is similar to the gas tax insofar as it is a clear and transparent “user pays” system. But the VMT addresses the funding problems created by today’s more efficient fleet by assessing the fee based on the distance traveled by a vehicle rather than the amount of fuel burned. Fuel efficient vehicles, after all, contribute equally to our highways’ deterioration over time.
August 20, 2015 | Alaska Journal of Commerce | News
A leading U.S. economist says a large natural gas pipeline project is vital to the state’s economic future and that the state should cooperate with experienced large companies in developing the project rather than attempting a plan for the state to lead the project. The Alaska LNG Project could diversify the state’s revenue sources and strengthen its finances, said Margo Thorning, chief economist for the American Council for Capital Formation, a Washington, D.C.-based think tank, in a briefing following the Aug. 12 release of a white paper by the council on liquefied natural gas export projects.
Before the end of this year, Congress should take action to lift harmful controls on energy exports and exercise energy diplomacy to open doors and create opportunities both here at home and abroad. It is time for the United States to seize the moment and use its abundant energy resources to spur American job creation while making the world a safer place.
Recent Press Releases
May 06, 2015 | Press Release
Washington —Capital investment fell in the first quarter of 2015, continuing the trend in weak capital spending that began in the recession of 2007. A new report sponsored by the American Council for Capital Formation (ACCF) and completed by The Aspen Institute program on Manufacturing and Society in the 21st Century and the MAPI Foundation explores […]
April 21, 2015 | Press Release
R&D Investment Critical to Economic Growth and International Competitiveness Washington — The American Council for Capital Formation (ACCF) praised House Science, Space and Technology Chairman Lamar Smith (R-TX) for his introduction of the America COMPETES Reauthorization Act of 2015 (HR 1806). The COMPETES bill provides for technological innovation through the prioritization of Federal investment in […]
April 17, 2015 | Press Release
“Time to Show the World that the U.S. Stands Behind Free Trade Principles and is Ready to Work with Our Allies” Washington, DC – The American Council for Capital Formation applauded a rare bipartisan legislative breakthrough this week as Senate Finance Committee Chairman Orrin Hatch (R-Utah), Ranking Member Ron Wyden (D-Ore.) and House Ways and […]
U.S. INDC to United Nations Raises Many Questions; U.S. CO2 Reductions Should Be Based on Cost/Benefit Analysis
April 15, 2015 | Press Release
Washington, DC – The U.S. Intended Nationally Determined Contribution (INDC) to the United Nations Framework Convention on Climate Change (UNFCCC) raises many questions related to international commitments and concerns over the impact on the U.S. economy. Cost/benefit analysis should guide any policy related to climate change., according to American Council for American Council for Capital […]