Budgeting for Medicare's hospital insurance program is flawed. Here are two ways to fix it (and one way not to).
A new study of the Affordable Care Act finds peculiar Medicare budgeting practices, including counting spending cuts and revenue increases twice. It's causing a stir among budget experts.
Years ago, American Airlines offered unlimited first class air travel, for one-time price of $350,000, to a select group of frequent travelers. It cost the airline millions of dollars in revenue.
Skip the new high heels. You'll get more lasting enjoyment out of going bungee jumping, driving hours to try a new restaurant, or getting lost on vacation.
The tax code is full of credits, exclusions, and preferential rates. Taken together, such tax preferences will total almost $1.3 trillion this year. But even if Congress repealed all of these tax preferences, it would likely generate much less than $1.3 trillion in new resources.
High heels can exert a heavy toll on the body, and are often uncomfortable and unsafe. Should they be taxed?
In economic policy debates, lawmakers have to be very careful about the language they choose.
Come April 1, America's corporate tax rates will be the highest in the developed world. That's bad policy for the United States.
The problem is that incentive compensation based on financial performance does a lousy job of distinguishing skill from luck.
Our code is too complex, unfair, and economically harmful. Fixing it will take a heightened level of care.
Our corporate tax system maximizes the degree to which corporate managers have to worry about taxes when making business decisions, but limits the revenue that the government actually collects.
America’s tax system is needlessly complicated, economically harmful, and often unfair. Here are my five principles for the ideal tax system.
The 'Buffett rule' – a minimum tax rate on millionaires – wouldn't have much effect on wages and salaries, but it would greatly impact capital gains.
According to a new study, the answer is yes. But there are a few factors that level the field.
Former Stanford professor Sebastian Thrun has already taught a class of 160,000. Now he's aiming to teach 500,000 students.
The top tax rate on long-term capital gains is currently 15 percent. That’s why Mitt Romney is talking so much about his tax returns. Often overlooked is the fact that the days of the 15 percent tax rate are numbered.
Wind, nuclear, and coal all look expensive compared to natural gas generation.
As oil prices continue to rise, the idea of natural gas as a primary fuel source gains appeal
The job market is slowly getting better, but unemployment and underemployment remain very high.
Engine efficiency has vastly improved in recent decades, but that has made cars bigger and faster, rather than more fuel-efficient