Our new Marriage Bonus and Penalty calculator , despite all its Valentine’s Day finery, ignores the new 0.9 percent Medicare payroll tax hike buried in...

In two weeks, about $1 trillion in automatic spending cuts will begin to kick in, a testament to the inability of policymakers to reach a...

The balanced budget amendment introduced by Senate Republicans yesterday contains a striking error. As written, it would limit federal spending much more than they claim...

Economists and many policymakers generally agree that our tax and transfer systems should promote opportunity, work, saving, and education rather than consumption. The problem is...

Love is blind, says the adage, and that can be a good thing when it comes to taxes. That’s because married couples often pay a...

Alexander Hamilton, the first Secretary of the Treasury, set the bar very high. The Senate is about to begin debate over President Obama’s nomination of...

House Republicans say they want to balance the budget in a decade with only spending cuts and no tax hikes. In his state of the...

In what will probably be the usual endless laundry list of State of the Union promises, President Obama is likely to include tax reform, by...

Two great tastes often taste great together. Chocolate and peanut butter. Oreos and milk. Popcorn and butter. Could the same be true of carbon taxes...

The Congressional Budget Office released its latest Budget and Economic Outlook earlier this week. As always, the Outlook provides insight into the fiscal status of...