In this episode of the Budget & Tax News podcast, Jesse Hathaway, managing editor of Budget & Tax News speaks with James Roberts. Roberts is an economic research fellow at the Heritage Foundation. Roberts joins Hathaway to talk about Greece’s economic collapse, the “Grexit,” and how problems in the European Union may effect Americans.
Last year, the U.S. Senate passed the Marketplace Fairness Act (MFA), a plan to allow local and state governments to collect sales taxes on retailers outside their jurisdiction, with 15 Republican senators joining 54 Democrats to support shaking down online retailers for more tax revenue.
Ignoring the language of the law, the Obama administration decided to give tax credits through the federally established exchange. This triggered several lawsuits, with two courts ruling to uphold the law as written, thereby preventing tax credits from being applied to individuals who signed up through the federal exchange, while a third court sided with the administration’s argument Congress simply forgot to write into the law that tax credits could be given through federal exchanges.
It’s a foregone conclusion the new Republican-controlled U.S. Senate will join the House in voting to repeal the Affordable Care Act (ACA), or Obamacare as it’s more unpopularly known. It’s also a foregone conclusion the effort will fail.
After a sweeping Republican win in the 2014 midterms, some at The Heartland Institute are reluctant to take a sigh of relief. With the Republican party in firm control of congress, many new challenges and concerns face those who advocate limited government.
There is good news for the Republican Party about millennial voters: they won’t be voting. A survey done by Harstad Strategic Research for the Youth Engagement Fund and Project New America on millennial voters provides important insight into voting preferences for 18-31 year olds. Although the survey was done by a Democratic polling firm, the results still send an important message to the Republican Party.
Depending on where you’re from — and how you were raised — that wonderful accompaniment to the turkey is either called stuffing, or it’s called dressing. Let’s get beyond the usual stuff,[…]