America Doesn’t Need Another Tax Hike
America / Economy / Fiscal policy / Tax / Taxes / U.S. Domestic Policy

America Doesn’t Need Another Tax Hike

Hillary Clinton is not the only feature of Washington that is “dead broke”: the Highway Trust Fund is set to run out of money by late August, and members of Congress are scrambling to find ways to raise revenue. One solution, proposed by Senators Chris Murphy (D-Conn.) and Bob Corker (R-Tenn.), is to raise the … Continue reading

Playing Politics With America’s Retirement
Economy / Fiscal policy / Social Security / Tax / Taxes

Playing Politics With America’s Retirement

Social Security is both the largest program in the federal budget and one of the most fiscally unsustainable.  The program has already begun paying out more in benefits than it is taking in through payroll taxes.  By 2033, the Social Security Trust Fund will be drained and the benefits paid out will decline by 25 … Continue reading