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Business & Economics

Foreign Experiments With Trickle-Down Tax Cuts: A Rare Proposition For A Robust Economy

By Jason Margolis “The Word”/Public Radio International In the late 1970s, Ireland’s economy was struggling. So they decided to cut business taxes dramatically while also increasing individual taxes including on the middle class. The idea was that stronger businesses would benefit everyone. It worked. “For the following 25 years, they had really rapid ...
Business & Economics

House And Senate Tax Plans Have Major Differences That Need to Be Reconciled

On Saturday, the Senate joined the House in passing its version of tax reform known as the Tax Cuts and Jobs Act. While the two versions are very similar, there are 18 major differences that still need to be discussed between the two chambers in conference committee before the measure ...
Health Care

Azar Pick Signals Regulatory Action on Obamacare

By Erin Durkin The next potential Health and Human Services secretary appears likely to emphasize administrative actions to dismantle Obamacare after congressional Republicans failed to repeal the law this year. Former Eli Lilly and Company executive Alex Azar—who was HHS deputy secretary in the George W. Bush administration— shares former ...
Health Care

California Shows its Obamacare Support by Outspending U.S. 4-to-1 on Ads

By Ana B. Ibarra and Carmen Heredia Rodriguez The marketing blitz is on. Californians are getting barraged with online pop-up ads, radio spots and television commercials, all aimed at persuading them to sign up for Affordable Care Act health plans during this year’s open-enrollment season. Covered California, the state’s Obamacare ...
Business & Economics

Lower mortgage interest tax break: “All-out assault” or glancing blow?

By Jeff Ostrowski If there’s one thing that’s certain to mobilize the nation’s largest trade group, it’s any talk of reining in tax breaks for homeowners with mortgages. House Republicans on Thursday passed a tax plan that caps at $500,000 the amount of debt eligible for the mortgage interest deduction. ...
Health Care

CBO: Repealing Obamacare’s Individual Mandate Would Reduce Deficit By $338 Billion

Repealing the Affordable Care Act’s individual mandate would reduce the federal deficit by $338 billion in the next decade, according to a projection from the Congressional Budget Office. The individual mandate requires that Americans purchase health insurance or pay a penalty to the Internal Revenue Service for not having coverage. A recent ...
Business & Economics

How the GOP Tax Plan Will Affect Small Business

The Tax Cuts and Jobs Act aims to spur economic growth across the United States by adjusting tax structures for small businesses and corporations. Though the bill is still being debated, amended and adjusted, if it passes, it may have serious implications for you and your business. It can be ...
Business & Economics

Analysis: House Tax Plan Would Create Nearly 1 Million New Jobs and Increase GDP By 3.9%

The Tax Cuts and Jobs Act, the new legislation introduced by the House last week, would create nearly one million new jobs and increase gross domestic product by 3.9 percent, according to an analysis from the nonpartisan Tax Foundation. The bill cuts the corporate tax rate from 35 percent to 20 percent; ...
Business & Economics

Killing the gasoline-powered car in California? That’s what one legislator wants by 2040

A clean energy advocate in the California Legislature wants internal combustion vehicles to sputter out of existence on the state’s roads and highways. “The cars that we drive today are based on technology that’s 100 years old,” said Assembly member Phil Ting, D-San Francisco. “It’s almost like we’re doing addition ...
Health Care

Sally Pipes Talks Trump’s Executive Action on Health Care on Air Talk with Larry Mantle

PRI President, CEO, and Thomas W. Smith Fellow in Health Care Policy Sally C. Pipes joins host Larry Mantle on “Air Talk” to discuss President Trump’s announcement that he will stop paying subsidies to health insurance companies which help pay medical costs for people who are low-income. Click here to listen to ...
Business & Economics

Foreign Experiments With Trickle-Down Tax Cuts: A Rare Proposition For A Robust Economy

By Jason Margolis “The Word”/Public Radio International In the late 1970s, Ireland’s economy was struggling. So they decided to cut business taxes dramatically while also increasing individual taxes including on the middle class. The idea was that stronger businesses would benefit everyone. It worked. “For the following 25 years, they had really rapid ...
Business & Economics

House And Senate Tax Plans Have Major Differences That Need to Be Reconciled

On Saturday, the Senate joined the House in passing its version of tax reform known as the Tax Cuts and Jobs Act. While the two versions are very similar, there are 18 major differences that still need to be discussed between the two chambers in conference committee before the measure ...
Health Care

Azar Pick Signals Regulatory Action on Obamacare

By Erin Durkin The next potential Health and Human Services secretary appears likely to emphasize administrative actions to dismantle Obamacare after congressional Republicans failed to repeal the law this year. Former Eli Lilly and Company executive Alex Azar—who was HHS deputy secretary in the George W. Bush administration— shares former ...
Health Care

California Shows its Obamacare Support by Outspending U.S. 4-to-1 on Ads

By Ana B. Ibarra and Carmen Heredia Rodriguez The marketing blitz is on. Californians are getting barraged with online pop-up ads, radio spots and television commercials, all aimed at persuading them to sign up for Affordable Care Act health plans during this year’s open-enrollment season. Covered California, the state’s Obamacare ...
Business & Economics

Lower mortgage interest tax break: “All-out assault” or glancing blow?

By Jeff Ostrowski If there’s one thing that’s certain to mobilize the nation’s largest trade group, it’s any talk of reining in tax breaks for homeowners with mortgages. House Republicans on Thursday passed a tax plan that caps at $500,000 the amount of debt eligible for the mortgage interest deduction. ...
Health Care

CBO: Repealing Obamacare’s Individual Mandate Would Reduce Deficit By $338 Billion

Repealing the Affordable Care Act’s individual mandate would reduce the federal deficit by $338 billion in the next decade, according to a projection from the Congressional Budget Office. The individual mandate requires that Americans purchase health insurance or pay a penalty to the Internal Revenue Service for not having coverage. A recent ...
Business & Economics

How the GOP Tax Plan Will Affect Small Business

The Tax Cuts and Jobs Act aims to spur economic growth across the United States by adjusting tax structures for small businesses and corporations. Though the bill is still being debated, amended and adjusted, if it passes, it may have serious implications for you and your business. It can be ...
Business & Economics

Analysis: House Tax Plan Would Create Nearly 1 Million New Jobs and Increase GDP By 3.9%

The Tax Cuts and Jobs Act, the new legislation introduced by the House last week, would create nearly one million new jobs and increase gross domestic product by 3.9 percent, according to an analysis from the nonpartisan Tax Foundation. The bill cuts the corporate tax rate from 35 percent to 20 percent; ...
Business & Economics

Killing the gasoline-powered car in California? That’s what one legislator wants by 2040

A clean energy advocate in the California Legislature wants internal combustion vehicles to sputter out of existence on the state’s roads and highways. “The cars that we drive today are based on technology that’s 100 years old,” said Assembly member Phil Ting, D-San Francisco. “It’s almost like we’re doing addition ...
Health Care

Sally Pipes Talks Trump’s Executive Action on Health Care on Air Talk with Larry Mantle

PRI President, CEO, and Thomas W. Smith Fellow in Health Care Policy Sally C. Pipes joins host Larry Mantle on “Air Talk” to discuss President Trump’s announcement that he will stop paying subsidies to health insurance companies which help pay medical costs for people who are low-income. Click here to listen to ...
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