The U.S. system for taxing corporate profits is outdated, ineffective at raising revenue, and creates perverse incentives for companies to shelter profits overseas. It is also, for most U.S. companies most of the time, a pretty good deal, which is one of the big reasons why any serious overhaul will be so difficult to achieve.

Introduction An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget …

Overview Corporate average fuel economy (CAFE) standards, which require automakers to achieve government-mandated targets for the efficiency of the vehicles they sell each year, can reduce U.S. re…

Introduction As offensive cyber activity becomes more prevalent, policymakers will be challenged to develop proportionate responses to disruptive or destructive attacks. Already, there has been si…