Issues

Tax

Publications

By and / 5.29.2018

In recent years, innovation has become synonymous with digital companies such as Apple, Google and Amazon. The Internet, the smartphone, and the cloud have transformed daily life and the way we do business, and artificial intelligence and machine learning will continue the process. Nevertheless, overall productivity growth remains sluggish. The reason is simple: The digital sector […]

By / 3.14.2018

U.S. social policy traditionally has emphasized supporting income for low-income families, to the neglect of wealth-building strategies.1 While income supports are essential for covering daily expenses, upward mobility depends on saving and building personal assets, especially completing post-secondary education, purchasing a home, or creating a business.2 Moreover, inequality of wealth in America is worse than […]

By / 1.23.2018

Corporate tax cuts have long been on the wish list of American businesses, which have rightly argued that both the rates and structure of the U.S. corporate tax code hurt America’s ability to compete globally. U.S. companies are now on track to see dramatic reductions in their tax rates, thanks to the $1.5 trillion tax […]

Press

By / 11.8.2018

On Tuesday, Democrats won control of the U.S. House of Representatives and state legislatures across the country thanks to record-breaking turnout among young voters. Now it is time for newly elected Democrats to stand up for the interests of their constituents by supporting an economic agenda that funds America’s future. The reckless policies of the current administration, […]

By / 10.18.2018

Director of PPI’s Center for Funding America’s Future, Ben Ritz, participated in two radio interviews this week to discuss his new report, Defunding America’s Future: The Squeeze on Public Investment in the United States. The report explains how short-sighted fiscal policy is undermining critical investments in education, infrastructure and scientific research that are integral to the long-term […]

By / 10.15.2018

Public investment spending could fall to lowest level in modern history by 2026  WASHINGTON — Young Americans are having their future mortgaged by Washington lawmakers who are slashing critical public investments in future generations while simultaneously burying these generations under a mountain of debt, according to a new report published today by the Center for […]

Blog

By / 9.13.2018

It’s official: House Republicans are campaigning on a pledge to increase the federal budget deficit. It was just 10 months ago that they enacted a package of ostensibly temporary tax cuts that is projected to increase deficits by roughly $2 trillion over the next decade. This week, they offered a series of proposals dubbed “Tax Reform […]

By / 8.28.2018

They’re a tempting alternative to raising taxes, but their long-term costs far outweigh the revenue they bring in. Raising taxes is painful. That may be why, since 2010, 47 states and a number of cities have instead raised both civil and criminal fines and fees. These increases are often viewed as a conflict-free way to […]

By / 8.15.2018

This week, Sen. Elizabeth Warren (D-MA) unveiled new legislation aimed at turning American’s largest companies into better corporate citizens. Under Warren’s “Accountable Capitalism Act,” companies earning more than $1 billion a year in revenues would be required to obtain a new federal corporate charter her legislation would create. Among other things, this charter would mandate […]