• Heritage Action
  • More
  • Commentary posted February 10, 2015 by Stephen Moore Give choice a chance

    Barack Obama is a Washington, D.C., resident – and one with a high income. As he likes to openly admit, he’s one of the privileged 1 percent who he thinks can afford to pay more taxes. Barack Obama also has all sorts of choices that many middle-class Americans don’t have, and almost all poor people are denied. The Obamas have opted out of the Washington, D.C., public…

  • Commentary posted February 3, 2015 by Stephen Moore Obama Estate Tax Plan: Die Once, Get Taxed Twice

    President Obama's proposed changes to inheritance and capital gains taxes could raise the estate tax rate in the U.S. to the highest in the industrialized world. The plan, announced during the State of the Union address, would eliminate what is called "step-up basis at death" on capital gains taxation. And the top capital gains rate would jump to 28% from 20%. Under…

  • Commentary posted February 3, 2015 by Stephen Moore The Great Alaska Shutout

    It was just one week ago that President Obama took credit for falling gas prices in his State of the Union address, and already he is sticking another knife in the back of America’s domestic oil and gas producers — to say nothing of the residents of Alaska. Obama’s latest anti-fossil-fuels directive is to move off-limits to exploration and drilling some 12 million acres…

  • Commentary posted February 3, 2015 by Stephen Moore The Tax-Cutting Boon Sweeping the States

    While the prospects for tax reform in Washington are dim, as many as 20 Republican governors are moving forward with their own pro-growth tax-relief initiatives. This is on top of the 14 states, including Florida, Michigan, Ohio and Wisconsin, whose 2014 tax cuts will take effect this year. Arizona’s new Gov. Doug Ducey says his goal is to eventually eliminate the state…

  • Commentary posted February 3, 2015 by Stephen Moore, Joel Griffith Following the road map to prosperity

    How does a nation or state create economic growth and rising living standards for its citizens? Once upon a time superstitious economists believed that growth resulted from how the stars aligned. Using astrology to predict growth is no more misguided than certain fad economic theories being peddled today by charlatan economists. Many Europeans and several South American…

  • Commentary posted January 28, 2015 by Stephen Moore Obama's illusionary economic recovery

    The big news from this week’s State of the Union address is that the economic “crisis is over.” Apparently, we’ve been rescued from a second Great Depression and everything this president has done to fix the economy has worked. All that was missing from Mr. Obama’s celebration was the old “Icky Shuffle” end zone dance. This no doubt came as a bit of a shock to voters…

  • Commentary posted January 14, 2015 by Stephen Moore Washington’s gas tax guzzlers

    Suddenly everyone in Washington wants a gas tax hike — apparently so that consumers don’t save too much money at the pump. As prices keep falling, the politicians and the moochers in Washington want a piece of the action. Rep. Nancy Pelosi of California, Sen. Richard Durbin of Illinois and even Republicans such as Sen. Bob Corker of Tennessee have linked arms with the…

  • Commentary posted January 6, 2015 by Stephen Moore Pensions a middle-class crusher

    For “Outrageous Government Scam of 2014,” it’s hard to compete with the news of the supersized public employee pensions in California. If you haven't already heard: In 2013, an assistant fire chief in Southern California collected a $983,319 pension. A police captain in Los Angeles received nearly $753,861. Talk about a golden parachute. And the report on Golden State…

  • Commentary posted January 6, 2015 by Stephen Moore US economy: Why I'm optimistic about growth in 2015

    Could 2015 be the breakout year for the economy? Last week we got very joyful news: The economy grew by nearly 5 percent in the third quarter of 2014, after 4.6 percent growth in the second quarter. That’s a giant increase from the 2 percent rut the economy has been mired in for the past six years. Hiring is finally starting to pick up its pace, albeit…

  • Commentary posted December 23, 2014 by Stephen Moore The coming pension meltdown

    For outrageous government scam of the year, it’s hard to compete with the news of the supersized public-employee pensions in California. If you haven’t already heard: In 2013, an assistant fire chief in Southern California collected a $983,319 pension last year. A police captain in Los Angeles received nearly $753,861. Talk about a golden parachute. The report on Golden…

  • Commentary posted December 19, 2014 by Stephen Moore The great Lima climate change shakedown

    The global warming brigades from around the world gathered last week at a United Nations climate change conference in Lima to save the planet. The nations from across the planet were supposed to link hands and all would agree to slash their green house gas emissions. Instead the conference was a complete dud. That might be putting it charitably. The BBC described the…

  • Commentary posted December 19, 2014 by Stephen Moore Special interest pleading via the tax code is government at its worst

    The latest disgrace out of Capitol Hill in this lame-duck session is the “tax extenders” bill. This has become an annual Washington ritual with Congress waiting until the very last minute to approve dozens of expiring tax credits, deductions and loopholes. It is a microcosm of everything wrong with the way Congress operates. The “extenders” bill crams into one bill a…

  • Commentary posted December 11, 2014 by Stephen Moore The United States of Debt

    Sorry, but this one you can’t blame on either party. Yes, President Obama has made the problem much, much worse, but the scary truth is that the national debt keeps rising inexorably no matter who or which party is in office. That’s the new law of American politics. When I first arrived in Washington in the early 1980s, the debt was roughly $2 trillion. This week, 30…

  • Commentary posted December 2, 2014 by Stephen Moore EPA’s Goofy Green-Energy Rules

    If you think President Obama’s unilateral exercise of executive powers granting near-blanket amnesty to illegal immigrants was an abuse of power, get a load of what this administration is doing over at the Environmental Protection Agency. The EPA’s proposed Clean Power Plan regulations are the most expansive and economically disruptive rules in four decades from an agency…

  • Commentary posted November 26, 2014 by Stephen Moore Fourteen Things I'm Thankful for in 2014

    Every poll of recent months shows Americans in a foul mood when it comes to the economy, their personal finances and the general direction of the nation. Most Americans think the great American Dream -- the idea that our children will achieve a standard of living higher than our own -- is dead. Others say that the environment is on a crash course with planetary…