Ten years ago this month, President George W. Bush signed the Renewable Fuel Standard into law, implementing regulations that require companies to blend specific amounts of renewable fuels into gasoline. No state benefits more from the RFS than Iowa, and with the Iowa caucuses six months away, presidential candidates are already pandering, flip flopping, or […]
Republican presidential candidate Rick Santorum has released a tax plan and it contains a lot of features worth discussing. It has a 20 percent flat tax on both personal and corporate income, with generous exemptions that mean you will have to earn quite a bit before owing any income tax. It also maintains deductions for […]
This week, former Senator Rick Santorum released details of a tax reform plan. This plan would institute a flat 20 percent tax rate on all varieties of individual income. It would also consolidate all deductions into a single $2,750 per person credit, which would be refundable up to the amount of an individual’s earned income. […]
It’s been an exciting campaign season so far for Americans interested in federal tax reform. Throughout the last few months, candidates in both parties have put tax policy at the center of their platforms, promising to make the federal tax system simpler, fairer, and better for the economy. Many candidates have also begun to issue […]