Media

The IRA Bill: What’s Our Answer?

The IRA Bill: What’s Our Answer?

This may surprise some of you, but we have been unable to find a conservative/libertarian alternative to the Democrats’ proposals on Medicare prescription drugs. Yet, there are real problems that need solving. This morning at Forbes, John Goodman provides a first-of-its-kind analysis of why the Medicare prescription drug market doesn’t work as it should, and what can be done to correct those problems – with no new taxes, no new spending and no new impediments to the discovery of life saving drugs. More.

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Inequality has been Greatly Exaggerated

Inequality has been Greatly Exaggerated

A new study by Goodman Institute Senior Fellow Laurence Kotlikoff and his colleagues says that middle-aged families in the top fifth of the income distribution have almost 200 times the wealth of families in the bottom fifth.  But after taxes and entitlement transfers, the difference in lifetime spending power is only 7.5 to 1. Our fiscal system is far more progressive than critics like to admit. See the New York Times description and the technical paper.

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Republican Alternative to the New Health Reforms

Here’s What’s Wrong With BBB Lite

Obamacare is a flawed program that has made health insurance unaffordable and unattractive for millions of people. Instead of fixing these flaws with sensible (bipartisan) reforms that need not cost the taxpayers an extra dime, the new proposal would double down on a colossal mistake.

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The Marriage Tax

The Marriage Tax

Young adults with low- or middle-income jobs pay a heavy price if they marry. When higher tax rates are combined with a reduction in welfare/entitlement benefits, the economic loss from marriage is equal to between one-and-a-half and two years of income, on average. More.

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We’re Not Saving Enough

We’re Not Saving Enough

Americans don’t save enough, either individually or collectively. Yet by looking at the wrong data, many journalists and even top economists are claiming we’re experiencing a “savings glut.” This is hogwash. It’s time to talk turkey about U.S. saving and for journalists and professionals to either do their homework or hold their pens. More

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