A new IRS regulation hits the trifecta of enriching foreign dictators, helping them crush dissent, and would raise no revenue for the U.S. government. Vice President for Strategy Iain Murray explains. Unlike most other countries, the U.S. taxes income its citizens earn abroad. So, to encourage foreign banks to cooperate with the IRS, it is requiring U.S. banks to report to foreign countries, even dictatorships, on their citizens’ U.S. holdings. Governments can then use this information to find and punish dissenters.
Podcast
Land-Use and Transportation Policy Analyst Marc Scribner explains why almost nobody is happy with how this year’s highway bill is turning out. Fiscal conservatives are leery of the price tag. Earmarkers are disappointed at efforts to make the bill pork-free. Transit activists are upset that the current version of the House bill would end the practice of using 20 percent of gas tax revenue to subsidize mass transit.
In 1841, the Scottish writer Charles Mackay observed, ” the cup of life is not bitter enough to our palate, and we distill superfluous poison to put into it, or conjure up hideous things to frighten ourselves at, which would never exist if we did not make them.” CEI Warren Brookes Fellow Matt Patterson believes this glass-half-empty aspect of human nature applies directly to today’s global warming debate.
Patients are suffering from a nationwide shortage of more than 260 different prescription drugs, many of them for different types of cancer. Senior Fellow Greg Conko explains why the biggest culprit for the drug shortage is Washington. DEA and FDA regulations make it difficult to ramp up supply, or to change prices to more accurately reflect demand.
Immigration law is second in complexity only to the income tax. In a new CEI paper, Policy Analyst Alex Nowrasteh proposes scrapping the whole thing and replacing it with a tariff. This is a much more humane approach to immigration, and in many cases will be less expensive for immigrants than the lawyers and fees they currently have to pay while they live in legal limbo. A tariff would also reduce illegal immigration by eliminating black markets. Money that currently goes to illegal smugglers and human traffickers could instead go to the U.S. Treasury. The idea can appeal to both the left and the right.
Fellow in Consumer Policy Studies Michelle Minton breaks down the FDA’s behind-the-scenes push to regulate dietary supplements nearly as strictly as prescription drugs.
The state of Georgia recently passed strict new requirements for immigrant farm workers. Immigration Policy Analyst Alex Nowrasteh looks at the results of a new report released by the state. Workers are fleeing to other states, causing a labor shortage. Some farmers find they lose less money by actually letting their crops rot in the fields rather than comply with state and federal rules.
Immigration Policy Analyst Alex Nowrasteh tells Jakadrien Turner‘s story and what it means for the immigration reform debate. Turner is a 14-year-old girl from Texas who was mistakenly deported to Colombia. Turner is not Hispanic, does not speak Spanish, and has no connections to Colombia whatsoever. It took six months of pleading and legal maneuvering before authorities allowed her to return home. This was not an isolated incident. The way to prevent future cases like this, Nowrasteh argues, is radically simplifying our overly complex immigration and citizenship laws.
Associate Director of Technology Policy Studies and Iowa native Ryan Radia takes a look at how the different strains of Republican voters are deciding on their party’s presidential nominee. In the years to come, Radia believes that the GOP will need to reinvent itself ideologically if it is to remain politically relevant.
Vice President for Policy Wayne Crews talks about why 2011 was a record year for both new regulations and their cost. He also talks about his efforts to make the opaque regulatory state more transparent. Besides his annual “Ten Thousand Commandments” report, Wayne has started a new TenThousandCommandments.com website to update regulatory data in real time. There is a also a 10KC Twitter account and a Facebook page to make it as easy as possible to keep an eye on what regulatory agencies are up to.
RSS Updates 
RSS E-Mail Updates 
Twitter 
Facebook 
CEI.org 
WorkPlaceChoice.org 
GlobalWarming.org 
CEI On Demand Video 
Liberty Week Podcast 