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Focusing on Wealth Inequality Is Counterproductive

TweetShareSharePin0 Shares A new Congressional Budget Office (CBO) report on wealth inequality trends over the last 30 years has generated much concern that wealth inequality is too high. Some attribute this to policy choices that the U.S. has made over the past few decades, implying that policy changes could significantly reduce the wealth gap. While

RSC Budget for FY 2023

TweetShareSharePin0 Shares The Republican Study Committee (RSC) released its FY 2023 budget today, led by Budget and Spending Task Force Chair Rep. Kevin Hern (R-OK) and RSC Chairman Jim Banks (R-IN), and prescribes several pro-growth tax reforms that would simplify the tax code and encourage business investment. Among the most impactful reforms are permanence for

10 Tax Reforms for Economic Growth and Opportunity

TweetShareSharePin0 Shares Key Findings The waning pandemic and robust economic recovery have come with many benefits—plentiful jobs and fast-growing (nominal) incomes—but also serious challenges such as high and rising inflation. Rather than pushing for more fiscal stimulus or leaving it to the Federal Reserve to handle inflation through higher interest rates, policymakers should focus on

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