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How To Close The Loopholes That Made Apple’s Tax-Dodging Completely Legal

The Hamilton Project — 2013-05-23T19:44:38+00:00

In two stories on this week’s testimony by Apple CEO Tim Cook before the Senate Permanent Subcomittee on Investigations, Quartz’s Tim Fernholz and ThinkProgress’ Alan Pyke highlighted a paper released by The Hamilton Project and the Center for American Progress, “A Modern Corporate Tax”. In the paper, Alan Auerbach of the University of California, Berkeley, proposes two reforms to the U.S. corporate tax system: first, an immediate deduction for all investments that would replace the current system of depreciation allowances, and second, replacing the current approach to taxing foreign-source income with a system that ignores all transactions except those occurring exclusively in the United States. Pyke wrote that the proposal “would seem to balance both government and corporate interests.” For the ThinkProgress story, click here. For the Quartz story, click here.

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THP Policy Director Adam Looney Testifies at Senate Budget Committee Hearing

The Hamilton Project — 2013-05-22T12:41:18+00:00

Earlier today, Hamilton Project Policy Director Adam Looney testified before the Senate Committee on the Budget on the role of tax reform in supporting broad-based economic growth and fiscal responsibility. To read his prepared remarks, click here.

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The Rising Tide Of Evidence-based Solutions

The Hamilton Project — 2013-05-15T18:57:04+00:00

In a blog post for Markets for Good, America Achieves Managing Director Michele Jolin provides highlights from a recent forum hosted by America Achieves and The Hamilton Project on the importance of using evidence to drive effective policymaking. Jolin calls for continuing the “growing momentum” toward evidence-based solutions that is being driven by members of the media, lawmakers at various levels of government and other stakeholders. To read the full piece, click here.

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Should the United States have more jobs in recovery? What about Texas?

The Hamilton Project — 2013-05-14T19:10:03+00:00

In a recent blog post for the Dallas Morning News’ “Biz Beat Blog”, Sheryl Jean highlights The Hamilton Project’s recent employment analysis, “Should the United States Have 2.2 Million More Jobs?” THP’s analysis explores government employment since the Great Recession and finds that, had the policy response been similar to that after other recent recessions, the economy would have about 2.2 million more jobs today. Jean discusses data from the Project’s jobs gap calculator, and highlights data on Texas’ jobs gap from THP’s state-by-state jobs gap chart. To read the full post, click here.

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How Motherhood Is Changing Dramatically—in 11 Graphs

The Hamilton Project — 2013-05-13T19:30:54+00:00

In a recent blog post for The Atlantic, Derek Thompson highlights a chart from The Hamilton Project employment analysis “The Marriage Gap: The Impact of Economic and Technological Change on Marriage Rates.” He discusses findings from the analysis that show marriage rates are declining for every income level except the top five percent. To read the full blog post, click here.

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Carbon tax is best option Congress has

The Hamilton Project — 2013-05-08T19:08:33+00:00

A recent Washington Post editorial on tax reform suggests “a carbon tax is one of the best ideas in Washington almost no one in Congress will talk about.” The editorial highlights the Hamilton Project's "The Many Benefits of a Carbon Tax," in which Adele Morris of the Brookings Institution proposes a carbon tax as a new source of revenue that could also help address climate change.” The editorial notes Morris’ finding that even a modest carbon tax could help reduce the federal budget deficit by almost a trillion dollars over two decades. To read the full piece, click here.

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Austerity Has Cost The U.S. Economy 2.2 Million Jobs: Study

The Hamilton Project — 2013-05-07T15:03:42+00:00

In a recent article in the Huffington Post, Mark Gongloff discusses findings from The Hamilton Project’s latest employment analysis, “Should the United States Have 2.2 Million More Jobs?” In the analysis, the Project explores the trajectory of public-sector employment since the Great Recession. The findings show that if the policy response to this recession had been similar to the response after other recent recessions, the economy would have about 2.2 million more jobs today. To read the full piece, click here.

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How Our Incredible Shrinking Government Raises Unemployment and Hurts the Recovery

The Hamilton Project — 2013-05-06T17:34:57+00:00

Today in The Atlantic, Derek Thompson discusses findings from The Hamilton Project’s latest employment analysis, “Should the United States Have 2.2 Million More Jobs?” In the analysis, the Project explores the trajectory of public-sector employment since the Great Recession. The findings show that if the policy response to this recession had been similar to the response after other recent recessions, the economy would have about 2.2 million more jobs today. In his blog post, Thompson writes “it's intuitive that expansionary public spending (including on people) following a private sector meltdown are useful to help the economy catch up to trend-line growth. But rather than Washington leading the still-weak economy, the cart has led the horse, with the private sector adding roughly 2.2 million jobs over the past year while state, local, and federal governments have shed more than 90,000 jobs.” To read the full piece, click here.

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Everything you need to know about the Oregon Health Study

The Hamilton Project — 2013-05-02T16:26:54+00:00

In today’s “Wonkbook,” Ezra Klein and Evan Soltas discuss the success of the Oregon Medicaid experiment, which they note is the first randomized-controlled trial on Medicaid coverage. For the experiment, Oregon held a lottery among low-income adults in 2008 to expand Medicaid coverage to 10,000 residents, and then compared this group with a similar group of adults without health coverage. Klein and Soltas write that the successful experiment was a “sad accident” because of its design and note that if more federal dollars were spent “to figure out which policies work and which don’t, we’d quickly amass a huge storehouse of evidence that could help us spend every other dollar in the budget more effectively.” Klein and Soltas highlight a recent Hamilton Project and Results for America proposal by Harvard Kennedy School’s Jeffrey Liebman, “Building on Recent Advances in Evidence-Based Policymaking,” which proposes reforming government funding practices to reward innovation and evidence. To read the full piece, click here.

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America’s Healthy Path to Fiscal Health

The Hamilton Project — 2013-04-30T19:53:15+00:00

In her latest Project Syndicate column, Advisory Council member Laura D’Andrea Tyson questions why the growth in health-care spending has slowed down over the last five years. She discusses a variety of studies that suggest the slowdown will continue even after the economy recovers. She concludes that without a slowdown in health-care spending growth, “stabilizing the federal debt at a sustainable level will require deep cuts in spending on other priorities and increases in taxes on the middle class.” To read the full piece, click here.

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