Wait--After the Trump Tax Cut, Federal Revenue is UP (Audio: Podcast)
The latest numbers from the Congressional Budget office show that federal revenue is up 22 percent since before the 2017 tax cuts. Both individual and corporate tax revenue is higher than expected, not lower. IPI President Tom Giovanetti and Resident Scholar Dr. Merrill Matthews explain that the right kind of tax cuts stimulate economic growth which results in higher, not lower federal revenue. So with revenue flooding into the federal treasury, it’s clear that spending is the problem, not taxes.
IPI Policy Basics: Not All Tax Cuts Are Created Equal (Audio: Podcast)
Tax cuts can have a strong impact on economic growth, or none at all—it depends on whether the tax cut encourages private sector investment. IPI Resident Scholar Dr. Merrill Matthews and President Tom Giovanetti look back at the IPI archives to a 2001 study that ranked different types of tax cuts based on their impact on economic growth. Hint: Tax cuts designed to “put more money in people’s pockets” aren’t going to get the job done.
Why Are All These Jobs Going Unfilled? (Audio: Podcast)
"Why are there all these jobs going unfilled even after the end of the enhanced federal unemployment benefits?” asks IPI President Tom Giovanetti, and Resident Scholar Dr. Merrill Matthews shares several possible reasons.
What Can Be Done to Encourage Workers Back to Work? (Audio: Interview)
IPI Resident Scholar Merrill Matthews joins Houston's Morning Show on Newsradio 740 KTHR about the continuing stuggles of businesses to fill and retain a workforce.
If Biden's $3.5 Trillion Tax and Spending Bill Passes, We'll All Be Worse Off (Audio: Podcast)
IPI Resident Scholar Dr. Merrill Matthews explains how politically difficult Democrats are finding it to get their $3.5 trillion budget reconciliation bill through their own caucus, and how harmful it would be for the economy should they succeed. With IPI President Tom Giovanetti.
Is Joe Biden the Republican's Secret Weapon for a Midterm Victory? (Audio: Podcast)
IPI Resident Scholar describes several Biden administration disasters that are eroding confidence in his administration and likely will contribute to Republican gains in the 2022 midterm elections.
IPI Policy Basics: What is a Price? (Audio: Podcast)
There’s a lot more going on behind the price of a pint of strawberries than just an arbitrary number. Prices convey information—an enormous amount of information. And if we understand the importance of price in signaling, rationing, and incentivizing production, then it’s obvious why government price controls and “price gouging” laws are a terrible idea.
Biden's Economic Optimism Hits the Wall (Audio: Podcast)
With jobless claims increasing rather than declining, and with the infrastructure and budget resolution bills seemingly bogged down, President Biden’s economic agenda has hit rough sledding. And if the administration succeeds in getting their agenda through, will that help grow the economy or slow the recovery? And what can we learn from previous administrations in similar situations? IPI Resident Scholar Dr. Merrill Matthews and President Tom Giovanetti discuss these and other relevant topics.
IPI Policy Basics: Why is Zero Sum Economic Thinking Wrong? (Audio: Podcast)
What is zero-sum thinking, and is it appropriate for economic policy? Is the pie static, or can we have more pie? And was Donald Trump the ultimate zero-sum politician? By IPI President Tom Giovanetti with Resident Scholar Dr. Merrill Matthews.
Big Tech Companies Benefit Consumers, Monopolies Don't (Audio: Podcast)
Critics claim big tech companies like Amazon, Facebook and Google have become monopolies, and that the Federal Trade Commission should break them up—a sentiment shared by the new FTC chair. But IPI Research Fellow Bartlett Cleland explains that monopolies tend to limit choice and disregard consumer welfare, whereas these companies have greatly expanded choice and enhanced consumer welfare.