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.
It Is Time To Act Like A European Welfare State
For years various politicians have warned that following the public policy decisions of European countries too closely would take us down a path to becoming a European welfare state. But following the lead of one European country now would likely help the U.S. move towards a healthy, freer, growing economy.
The Last Acceptable Discrimination? (Part 2)
Those who propose policies that are understood to discriminate against the Internet or technology in general take a huge risk and yet the proposals keep on coming.
Continued Innovation Requires Government Cooperation
One clear theme from IPI’s Fifth Annual Communications Policy Summit is that we don’t need government to direct, fund or control innovation—we just need government to listen, learn, and cooperate where necessary.
The GAO and New Tax Math: Computation By Deception
We need tax reform, and we need fact-finding government agencies to bring forward the facts instead of biased or misleading analysis.
The Last Acceptable Discrimination?
When did it become acceptable to propose and enact laws that discriminate against technology and its users?
Reporting on Corporate Taxes: Two Half Truths Equal a Misrepresentation
Corporations pay a range of local, state and international taxes regardless of their federal tax liability which is not found in corporate reports. So, what is with these headlines about companies not paying much tax? Only half-truths.
Back to the Future: The First Income Tax Form Should Be a Guide to Tax Reform
A simple, easy-to-understand income tax with a flat rate isn’t just a dream of the future, it’s what we had in the past.
Laffer's Curve-ball
Passing a law that radically expands the scope of government and then hoping, assuming, that all states will do the right thing is a set up to be thrown a real economic curve ball.
Carbon Taxes: Wrong Solution to the Wrong Problem
For the United States to place a punitive tax on carbon would be like Brazil putting a punitive tax on beaches.
Make it Permanent
Congress has a clear choice: Make complete and permanent the ban on Internet access and multiple or discriminatory taxes online, encouraging broadband access and e-commerce, or turn away from that national priority and allow the pro-tax thugs the chance to loot our digital future.