Search
Now showing items 1-5 of 5
The Federal Reserve: Back to the Past
(Private Enterprise Research Center, Texas A&M University, 2017-10-01)
The Federal Reserve's payment of interest on bank reserves balances has transformed the balances to investments rather than just insurance against a run on the banking system. The paying of interest on reserves allowed the ...
A Neglected Aspect of Tax Reform: Improving the Efficiency of Tax Expenditures on Employer-Provided Health Insurance
(Private Enterprise Research Center, Texas A&M University, 2017-11-01)
The House recently passed the Tax Cuts and Jobs Act and the Senate now begins debate on its version of tax reform. Debate has centered on the tax reform's potential negative revenue effects and its disparate treatment of ...
Navigating the Earned Income Tax Credit
(Private Enterprise Research Center, Texas A&M University, 2017-09-01)
The Earned Income Tax Credit (EITC) is the federal government's largest means-tested cash assistance program. The popular anti-poverty program's maximum credits and income eligibility ranges have been legislatively increased ...
Federal Liabilities: 2017 Update
(Private Enterprise Research Center, Texas A&M University, 2017-06-01)
The official federal liabilities of the United States federal government totaled $22.8 trillion as of September 30, 2016. They include the debt held by the public of $14.2 trillion, federal employees; accrued retirement ...
The Border Adjustment Tax and Corporate Tax Reform
(Private Enterprise Research Center, Texas A&M University, 2017-05-01)
Both House Republicans' 2016 tax plan and, more recently, President Trump's tax plan envision a rate cut for the corporate income tax (CIT): from the current 35% to 20% (the House plan) or 15% (the president's plan). To ...