WebMemo posted March 7, 2003 by Norbert Michel, Ph.D., Andrew Olivastro
Scoring President Bush's Full Tax Proposal
Implementing the President's Economic Growth Package could
generate enough growth, jobs and tax revenue to cut the real cost
of the plan by 57 percent compared with "static" measures which
largely ignore how people respond to tax incentives. This means the
"cost" of the plan would be $274 billion, compared with static
estimates of $638…
WebMemo posted January 28, 2003 by Alfredo Goyburu, Andrew Olivastro
wm195: The Real Growth Factor: Scoring Bush's Tax Cut Proposal
Earlier this year President George W. Bush unveiled a
multi-faceted proposal to improve the nation's economic growth. One
of the most important features of his plan calls for abolition of
the current federal double taxation of corporate dividends paid to
individual shareholders.
Critics of the plan charge that it will cost the government too
much money. However,…
WebMemo posted January 16, 2003 by Andrew Olivastro
Tax Cuts: Rhetoric v. Reality
Tax Dividend
Calculator
The
Tax Dividend Calculator (Flash 6 plug-in required) allows
individuals to calculate their personal savings if double-taxation
on stock dividends is ended.
Death Taxes
Death Taxes: Killing
the Economy by William W. Beach
Just What the
Economy Needs…
WebMemo posted January 8, 2003 by Andrew Olivastro
Fiscal Effects of Dividend Tax Relief
Ending
double dividend tax means $384 more yearly income for family of
four
325,000
new jobs created
$32
billion in new economic growth seen in Heritage "dynamic scoring"
of dividend tax reform proposal
President Bush's economic growth package includes a proposal to
eliminate double taxation of stock dividends. Abolishing this
unfair double standard in taxation can…
WebMemo posted January 6, 2003 by Andrew Olivastro
Dividend Tax Relief Will Benefit All Americans
Tomorrow,
President Bush is expected to detail an economic stimulus plan that
includes eliminating the income tax investors pay on corporate
dividends. He's right to do so.
Nixing the tax
would end double taxation on dividends (once at the corporate
level, another when they're paid to shareholders). It will also
save Americans of all…
WebMemo posted December 31, 2002 by Andrew Olivastro
Tax Cuts Increase Federal Revenues
A New York Times article, Deficit Spending Can Help Republicans, by Daniel Altman, shows that old, wrong assumptions die hard. The article reports that:
"From the beginning of 2001 through the third quarter of 2002, the…
WebMemo posted December 12, 2002 by Andrew Olivastro
The U.S. - Powell Announces U.S. - Middle East PartnershipInitiative
Secretary of State
Colin Powell announced a new U.S. policy for the Middle East that
also challenges those countries to embrace democracy, peace, and
opportunities to engage in the global marketplace.
"I am announcing
today an initiative that places the United States firmly on the
side of change, of reform, and of a…
WebMemo posted December 10, 2002 by Andrew Olivastro
The West Must Prevail
(Watch
Video)
Former British Prime Minister Margaret Thatcher urged the West
to fight the "twin-headed monster" of terrorism and weapons of mass
destruction, Monday night at a gathering of The Heritage
Foundation's President's Club.
Lady Thatcher received Heritage's Clare Boothe Luce Award in
honor of her pursuit of political…
WebMemo posted November 25, 2002 by Andrew Olivastro
Iraq Q&A with James A. Phillips
U.N. Security Council
Resolution 1441, passed on November 8, 2002, has put Iraqi dictator
Saddam Hussein on notice that he has one "final opportunity" to
comply with his disarmament obligations and avoid war. The Security
Council unanimously approved the resolution, which threatened
"serious consequences" if Iraq fails to disclose and dismantle it
long range missiles…
WebMemo posted November 25, 2002 by Andrew Olivastro
Iraq Q&A with James A. Phillips
U.N. Security Council
Resolution 1441, passed on November 8, 2002, has put Iraqi dictator
Saddam Hussein on notice that he has one "final opportunity" to
comply with his disarmament obligations and avoid war. The Security
Council unanimously approved the resolution, which threatened
"serious consequences" if Iraq fails to disclose and dismantle it
long range missiles…