Today’s Presentation
The Congressional Budget Office (CBO) recently analyzed the effect of repealing and replacing the Affordable Care Act on federal revenues and the uninsured. There was much hype about their conclusions that 24 million people would be added to the ranks of the uninsured (although about 14 million of those would choose not to buy insurance because they would no longer be forced to). Also, federal deficits would fall by $337 billion over 10 years. However, the CBO did not measure the economic effects of repealing some of the most burdensome aspects of Obamacare, which would create hundreds of thousands of jobs and increase Americans’ personal incomes.
There is no more important bilateral relationship than that between the United States and China. Yet the Congressional Research Service warns that ties have “become increasingly complex and often fraught with tension.” Relations appear likely to become even more fractious with the election of Donald Trump as president. Every four years the People’s Republic of China (PRC) becomes a presidential election issue, but Americans deserve a better explanation of the importance of U.S.-China political and economic relations than candidates’ sound-bytes.
Donald Trump’s tax plan will create three million new jobs and 5 percent economic growth in the first year alone, according to an analysis using the NCPA-DCGE dynamic model. But …
Once treated as purely a criminal problem, the looting and sale of illicit antiquities has recently become matter of national security. The frequent contact between the U.S. military and non-state actors, namely Islamic terrorist organizations, demands a doctrinal change in how military strategy accounts for cultural heritage. The U.S. government and the Department of Defense should give greater precedence to the protection of movable cultural heritage in wartime in order to diminish the capabilities of terrorist organizations who remain the preeminent threat to the safety and security of the United States.
Dallas, TX According to results from the NCPA’s modeling of the U.S. economy, conducted in partnership with Dr. David Tuerck and his team at the Beacon Hill Trump’s plan would …
Presidential candidate Donald Trump’s revised tax plan (Trump 2.0) would increase private sector jobs by 3 million in 2017, while reducing public sector jobs by 554,000, according to a report …
The Republican candidate for President, Donald Trump, has proposed a set of significant changes to the federal tax code that would reduce the personal income tax rates, cut the corporation …
Executive Summary Compared with other presidential election year cycles, the 2016 campaign takes place in a period of perplexingly slow economic growth. Republican nominee for President Donald Trump has proposed …
Presidential candidate Donald Trump has proposed a number of tax reforms in order to reduce tax burdens, simplify the tax code and boost economic growth. Table I shows the amount …
Hillary Clinton, the Democratic candidate for President, has proposed several changes in the Federal tax code, including adding a surcharge of 4% on annual incomes above $5 million, limiting the …
Presidential candidate Hillary Clinton has proposed a number of changes to the income tax code, targeted mainly at high-income earners. The tax changes would have little impact on 90 percent …
Taxes impinge on individual and business decisions to work, save and invest. Using a dynamic computable general equilibrium model that we created for the National Center for Policy Analysis (the “NCPA-DCGE Model”), we simulate the effects on the U.S. economy of the tax proposal advanced by presidential candidate Hillary Clinton. The plan will generate $615 billion in tax revenue over 10 years. It will exert moderate negative impacts on output, investment, overall employment and household well-being. We briefly compare our findings with other published estimates and contrast the methodology underlying our model with that of other models.
Presidential candidate Hillary Clinton’s tax plan would increase public sector jobs by 49,000 in 2017, but they would come at a cost of 207,000 private sector jobs, according to an …
Goals of Health Reform Health reform must replace Obamacare with increased flexibility in health plan design; tax fairness regardless of where Americans get their health coverage; increased access to primary care …
Health spending consumes a higher share of output in the United States than in other countries. In 2013, its U.S. share was 17 percent. The next highest country was France, where health …
Medicare celebrated its golden anniversary this past year. The program now provides insurance coverage for over 50 million Americans, and accounts for 20 percent of the nation’s health care spending. …
Taxes impinge on individual and business decisions to work, save and invest. Using a dynamic computable general equilibrium model that we created for the National Center for Policy Analysis (the …
This study combines the 2013 Federal Reserve Survey of Consumer Finances data and the Fiscal Analyzer, a highly detailed life-cycle consumption-smoothing program, to a) measure ultimate economic inequality – inequality …
The Trump Tax Proposal Overall calls for a federal tax schedule with four brackets: 0% 10% 20% 25% It would also eliminate the marriage penalty and the Alternative Minimum Tax …
Abstract Since the financial crisis of 2008 and the ensuing recession, the U.S. economy has experienced a historically slow recovery. This paper argues that the reason for the slow recovery …
Introduction U.S. corporate tax reform has emerged as a dominant issue in the political season now upon American voters. Tax reform proposals have been put forward by President Barack Obama …
Today’s graduated income tax system is a morass of deductions, exemptions, allowances, credits and other loopholes: Every year U.S. taxpayers pay an amount equal to 30 percent of total income …
This report presents our analysis of the Medicare proposal as described in the National Center for Policy Analysis (NCPA) report, “A Framework for Medicare Reform,” as published in September 2008, …
The U.S. corporate income tax is ripe for change – that’s what you will believe, anyway, if you follow the news as it relates to this subject. There is concern …