Taxes directly affect Americans by compelling them to surrender part of their income to the government, and indirectly since the taxing power can positively or negatively affect economic growth.
In the U.S., our tax regimes are in serious need for reform, both at the state and federal level. Our tax code fails to sufficiently incentivize investment, the primary driver of economic growth. And it hobbles U.S. companies as they compete internationally.
IPI believes that the purpose of taxes is to raise the revenue necessary to fund the legitimate functions of government while imposing the least possible impact upon the functioning of the economy. We therefore believe that taxes should be simple, transparent, neutral, territorial and competitive.
Because of its tremendous potential to stimulate real long-term economic growth, tax reform should be a top priority of policymakers.
After Brexit, French Socialists Suddenly Want to Cut Taxes
The socialists running France want to cut taxes and regulations to lure UK companies to Paris post-Brexit. So the socialists aren't stupid, just evil for not doing it earlier.
San Francisco's Tech Tax Is Not A Solution to Homelessness
If higher taxes were the cure for homelessness, California — and San Francisco, in particular — would have solved its homeless problem years ago.
San Francisco's "Tech Tax" Is a Revenue Grab, Not a Solution to Homelessness
Those who govern the City of High Taxes by the Bay have decided that even higher taxes, targeted at their most productive residents, will solve the problem of homelessness.
Scholar Debunks Trump's Trade Speech
Presumptive Republican nominee Donald Trump’s trade policy speech this week was misleading on the actual state of U.S. trade, a scholar with the Institute for Policy Innovation said in a Rare op-ed published on Friday.
EU Tax Grab Will Accelerate Loss of US Jobs and Investment
It is time to reform the corporate tax system to stave off the EU's global tax grab.
Soda Taxes: Not About Health, Not About Sugar, Not Even About the Children
Philly soda tax expanded at the last minute to also cover diet drinks and to also pay for union contracts and pensions.
Broken School Finance System Creates an Opportunity for School Choice in Texas
As broken as education funding in Texas is, school choice is poised to be the carrot legislators need to make substantive changes to the current system.
Coalition Letter in Opposition to Philadelphia's Proposed Soda Tax
These free-market advocates point out that good tax policy should be pro-growth, simple, and fair--Mayor Kenney’s proposed Grocery Tax is none of these things.
Obama's Oil Tax Raises Taxes On The Middle Class - Again
Why does this president keep making life harder for middle class families?
The Social and Political Cost of Slow Economic Growth
The American people are blaming other countries and other people for a slow-growth wound that is self-inflicted.