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.
If This Wasteful Federal Spending Doesn't Make You Angry, You're Dead
Before Congress raises taxes it needs to cut wasteful spending; Senator Coburn has shown us were to start.
Stand by that pledge
Stand fast, keep your promise, says a coalition of interest groups, including IPI, that implore lawmakers not to waver on the Taxpayer Protection Pledge, even as Democrats and select Republicans insist that the only alternative to the "fiscal cliff" is instant compromise. Not so, says the coalition.
Coalition Letter Urging Fidelity to Taxpayer Protection Pledge
It's Really About Control
Calls for higher taxes on the wealthy are not really about “fairness,” but rather are about who controls and directs capital in our economy—capitalists themselves or government elites?
Democrats Stop Blaming Bush and Start Blaming Grover Norquist
In their endless quest to blame someone other than their own policies for the country’s economic ills, liberals are focusing less on former President George W. Bush and more on Grover Norquist, founder and president Americans for Tax Reform and creator of the “Taxpayer Protection Pledge.”
Papering Over Failure--with Your Money
Congress and the President have failed—utterly—to run a government that operates within a reasonable level that the American economy can afford to fund. When they talk about raising taxes, they are just trying to paper over their failures—with your money.
Should the GOP Break Their Anti-Tax Pledge?
IPI president Tom Giovanetti tells Politico if the GOP breaks the pledge, they do so at their own peril.
The little-discussed tax increase that hits many of us
President Barack Obama is determined to make the wealthy “pay a little more” in taxes. But if he gets his way one very important tax rate-- dividends-- will triple overnight.
Tax and Loot Policies
Governor Haslam of Tennessee was “surprised” to hear he had a failing fiscal grade and has argued that his tax increases were for the kids. When a politician uses kids as defense, grab your liberties and your wallet, as you are about to lose at least one. In this case, in the Main Street Fairness Act, politicians have found a way to take both.
Tax and Loot Policies
Governor Haslam of Tennessee was “surprised” to hear he had a failing fiscal grade and has argued that his tax increases were for the kids. When a politician uses kids as defense, grab your liberties and your wallet, as you are about to lose at least one. In this case, in the Main Street Fairness Act, politicians have found a way to take both.