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70 Percent of Families Will Receive More Benefits Than They Pay in Taxes Under Obama Plan

As a Group, 70 Percent of Families Will Receive More Benefits Than They Pay in Taxes Under Obama Plan

New Tax Foundation "Fiscal Incidence" Model Measures the Income Redistribution Caused by Federal Spending As Well As Taxes

Washington, DC – New reports from the Tax Foundation show that President ...

Read more: 70 Percent of Families Will Receive More Benefits Than They Pay in Taxes Under Obama Plan

Reads: 910

Are Politicians Serving Us, Or Are We Serving Them?

Are Politicians Serving Us, Or Are We Serving Them?

There's a lot of talk about "service" these days from the government, but where public service traditionally meant the government serving the people, today it seems to mean the public serving the government. Serve.gov, rolled out by the Obama administration as part of the "United We Serve" ...

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Reads: 665

Republicans Challenge Obama On Army of Unaccountable Czars

Several Republican U.S. Representatives held a press conference Wednesday, September 16, 2009 to discuss legislative ways to reign in the power of Obama's nearly 40 czars.

Leading the effort was Rep.  Marsha Blackburn(TN), who is introducing House Con. Resolution 185. It expresses the sense of ...

Read more: Republicans Challenge Obama On Army of Unaccountable Czars

Reads: 802

Keynesianism Loves the Total State

Keynesianism Loves the Total State

Ludwig Von Mises Institute

[The following introductory remarks by James J. Martin are excerpted from his book Revisionist Viewpoints: Essays in a Dissident Historical Tradition.]

J.M. Keynes's Famous Foreword to the 1936 German Edition of the General Theory

Historians write about economics with a ...

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Reads: 765

SEC Tightens Grip On Ratings Agencies

The US Securities and Exchange Commission passed rules on Thursday to tighten supervision of credit ratings agencies following a torrent of criticism over their role in the financial crisis. Credit ratings agencies, which are usually paid by the issuers they rate, came under fire during the crisis ...

Read more: SEC Tightens Grip On Ratings Agencies

Reads: 666

Global Warning

Iceland's failed banks offer the West a lesson.

Why Iceland?: How One of the World's Smallest Countries Became the Meltdown's Biggest Casualty, by Asgeir Jonsson (McGraw-Hill, 224 pp., $22.95)

Nearly a year ago, tiny Iceland's financial institutions collapsed, just as banks and investment firms ...

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Reads: 904

Iraq's Reintegration into the Arab World

INSS Insight No. 130

In light of the redeployment of the American forces and despite the current tensions with Syria, Iraq is taking measured steps in order to reintegrate into the Arab world. In this context, Egypt recently named an ambassador to Baghdad, while Qatar, Oman, and Saudi Arabia have ...

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Reads: 705

Greenspan Sees Threat U.S. Congress Will Hamper Fed

Former Federal Reserve Chairman Alan Greenspan said he's worried that lawmakers will hamper U.S. central bank efforts to rein in its monetary stimulus, and that inflation might "swamp" the bond market. "It's the politics in the United States that worries me, whether the Congress will basically feel ...

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Reads: 659

Obama to Spend 10.3 Trillion on Welfare

Uncovering the Full Cost of Means-Tested Welfare or Aid to the Poor

Special Report #67

Executive Summary

Since the beginning of the War on Poverty, government has spent vast sums on welfare or aid to the poor; however, the aggregate cost of this assistance is largely unknown because the spending is ...

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Reads: 1708

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