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.
A Tax Code Lacking Common Sense
Extend, Then Reform
Pass the tax extenders and then let's get serious about fundamental tax reform.
Playing To Win or Playing Not To Lose?
The GOP was handed an opportunity in the form of Congressman Camp’s tax reform proposal. But since its introduction the impulse to simply play to not lose has taken over many in the GOP.
Keep the Web Free of New Taxes and Regulations
Governments at the state, federal and global levels must recognize a decentralized and self-governed Internet is the best way to encourage more innovation and opportunity on the Web.
A Tax Code for the 6 Percent
Rasmussen recently released a survey revealing that a mere 6 percent of those surveyed thought the U.S. has the best tax system in the world. They are wrong.
At Long Last, Talking About Fundamental Tax Reform
We’re long overdue to be talking about fundamental tax reform. Congressional leadership and President Obama should get on-board.
Tax Reform Principles and Proposals
In the presentation, Tom Giovanetti outlines the differences and merits of the Flat Tax and Fair Tax proposals.
Sweet 16
The time is now for Congress to recognize that a permanent moratorium has come of age and mark the occasion by saying goodbye forever to discrimination.
The IRS Budget's Been Cut, But Not Nearly Enough
Sweeping tax reform that would establish a low, flat tax or even a national sales tax, would allow us to dramatically shrink the IRS.
Ten Steps for a Market-Oriented Health Care System
Congress is looking for health care reform steps to take to replace President Obama's Affordable Care Act. Here are 10 market-oriented steps that will help will go a long way toward increasing access, lowering costs and improving the quality of health care.