Debt Ceiling Threat

CNBC World: NCPA Distinguished Fellow Bob McTeer discusses the debate in Congress over raising the debt ceiling, and he responds to questions about concerns with the United States’ credit rating.

The Pitfalls of Internet Sales Tax Collection

Internet sales accounted for a growing share of consumer spending over the last decade. Now smart phones and wireless networks provide an almost unlimited ability to shop and purchase goods electronically. Though consumers benefit from this technology, “brick-and-mortar” stores are losing market share to “remote” competitors.

Congressional Brief: Taxes, Spending and the Debt Limit

The main impact of the Fiscal Cliff was averted on January 1, 2013, by a last minute agreement by the Obama administration with the Senate and House of Representatives. Among other things, the American Taxpayer Relief Act of 2012 permanently extended most of the 2001 and 2003 Bush tax cuts for low- and middle-income taxpayers, which were set to expire.

The Payroll Tax Holiday

In December 2010 President Obama traded Congress a two-year extension of the Bush-era tax cuts for a one-year, 2 percentage-point payroll tax holiday and additional unemployment benefits. The “Temporary Employee Payroll Tax Cut” reduced the employee portion of the Social Security payroll tax from 6.2 percent to 4.2 percent on individual earnings up to the taxable maximum of $110,100.

Joy in Our Town

TBN: National Center for Policy Analysis Senior Fellow Pamela Villarreal discussing the unemployment rate, hiring and taxes in the Dallas area and the nation.

The Election Isn’t Over

The Wall Street Journal: Outside events and the upcoming debates could be the determining factors in the 2012 presidential election, says NCPA Chairman of the Board Pete du Pont.