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Tax Reform

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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.

October 7, 2021

Coalition Letter Opposing IRS Financial Reporting Requirement

Caolition letter in opposition to the proposed new reporting regime to have the IRS collect the account inflows and outflows for bank, loan, and investment accounts as well as Venmo, CashApp, and PayPal accounts.

September 29, 2021

Raising Taxes on the Most Disadvantaged Americans

The lower your household income, the more likely you are to be a smoker. Doubling the tax on cigarettes  suggests Democrats aren’t quite as concerned about economic disparities and equity as they claim. 

September 29, 2021

Democrats' Plan to Tax the Poor

If you are a cigarette smoker, you are likely a low-income, poorly educated member of a minority community—and the Democrats want to raise your taxes.

September 17, 2021

The $3.5 Trillion Tax and Spending Proposal Will Hurt the Economy and Our Politics

You shouldn’t be able to ram through massive policy changes without a solid mandate from the voters, which Democrats definitely do not have.

September 15, 2021

Federal Funds Always Come with Strings Attached--Eventually

If you don't want the federal government telling you what to do, cut federal taxes so the feds don't have the funds to bribe you.

September 9, 2021

The Very Convenient and Entirely Coincidental Tax Gap Report

The “tax gap” is an exaggerated excuse to further empower the IRS and to erode the personal financial privacy of American taxpayers.

September 8, 2021

Biden's Domestic Policy Failures Are Mounting, Too

It’s not just the withdrawal from Afghanistan. Many of President Biden’s domestic policy efforts have become a mismanaged mess. 

August 19, 2021

Biden Tax Proposals Reward Blue States, Punish Red States

President Biden’s tax proposals would disproportionately benefit wealthy taxpayers in high-tax blue states and disproportionately harm farmers and small land owners in low-tax red states.

August 11, 2021

Irreconcilable Differences with Budget Reconciliation

It shouldn’t be possible for a tiny majority in Congress to pass sweeping changes and enormous spending increases, but it is, thanks to the absurd Senate budget reconciliation process.

August 10, 2021

Who Wants an Electric Car? Not Consumers

Biden's new electric vehicle directive means that the government, not consumers, will become the automakers' primary customer. 

Total Records: 633