Authors: Grover Norquist and Andrea Louise Campbell
Andrea Campbell tips her hand partway through her essay "America the Undertaxed" (September/October 2012) when she writes that "the central debate in U.S. politics is whether to keep taxes, particularly federal taxes, at their current levels in the long term or emulate other advanced nations and raise them."
Peter Orszag proposes a placeholder deal to get around Congressional gridlock over the expiring Bush tax cuts by establishing a temporary tax refund that would last until either a permanent deal was reached or the unemployment rate dropped.
Executing policy through tax breaks and other indirect measures encourages Americans to think that they do not rely on the government for help, even when they do. The result is a distorted public discourse and an erosion of democratic legitimacy.
Maintaining the president's higher spending levels will require raising taxes for all Americans, including an 11 percent increase on those earning less than $200,000, writes Glenn Hubbard, economic adviser to Mitt Romney.
Michael W. Hodin says that as more Americans will be over sixty in the 21st century, tax and spend policies will have to shift profoundly if the United States is to avoid burdensome, confiscatory rates on those in the traditional working population.
Most lawmakers agree corporate tax reform is an important step in improving U.S. global economic competitiveness, but a debate over rate levels and whether to tax foreign profits of multinationals remains unresolved.
Benn Steil's Financial Times op-ed shows that whereas the impact of the "Buffett Rule" on Warren Buffett's tax liability is trivial, the political capital he has accrued appears to be leveraging his investments.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
The authors argue that it is essential to begin working now to expand and establish rules and norms governing armed drones, thereby creating standards of behavior that other countries will be more likely to follow.
The author examines Pakistan's complex role in U.S. foreign policy and advocates for a two-pronged approach that works to quarantine threats while integrating Pakistan into the broader U.S. agenda in Asia.