Backgrounder posted May 11, 2015
The Federal Housing Administration: What Record of Success?
More than 80 years ago, Congress passed a series of laws that significantly expanded the federal government’s presence in the housing finance system. These federal programs have grown and contributed to an explosion of mortgage debt over the past few decades. Homeownership rates, however, have barely changed since the late 1960s.
The long-term increase in mortgage debt…
Issue Brief posted May 7, 2015
Can Changing Your Address Change Your Fortune?
Two economic research papers published this month show that where children live can have an impact on their prospects for success later in life. Parents already know that—and it is why houses in good neighborhoods often cost three or four times as much as houses in bad neighborhoods.
The new studies have garnered outsized attention, but the results are neither as…
Issue Brief posted April 23, 2015
The Research on Same-Sex Parenting: “No Differences” No More
In its 2004 endorsement of what is commonly referred to as the “no differences” theory, the American Psychological Association (APA) declared that “there is no scientific evidence that parenting effectiveness is related to parental sexual orientation: lesbian and gay parents are as likely as heterosexual parents to provide supportive and healthy environments for their…
Testimony posted April 22, 2015
How Collective Bargaining Affects Government Compensation and Total Spending
Committee on Government Affairs
April 7, 2015
Research Fellow in Labor Economics
The Heritage Foundation
Chairman Ellison and Members of the Government Committee, thank you for inviting me to testify. My name is James Sherk. I am a Research Fellow in Labor Economics at The Heritage Foundation. The views I express in…
Backgrounder posted March 26, 2015
Time to End the Federal Subsidy for High-Tax States
Under federal tax law, individuals may deduct the income and property taxes that they pay to their state and local governments. In recent years, individuals have been allowed to choose between deducting their income tax or sales taxes. Because federal tax deductions effectively spread the costs of these deductions across all taxpayers in the form of higher federal tax…