The latest “Economics 101” video released today by the Center for Freedom and Prosperity Foundation (CF&P), narrated by Silvia Morandotti, a student at The University of Milan, draws upon the European sovereign debt turmoil to provide timely lessons for US policymakers. Entitled, “The European Fiscal Crisis and Lessons for America,” the video puts a spotlight on the ongoing crack-up of the Eurozone, and explains how the United States can avoid a similar fate.

“Cartelizing Taxes: Understanding the OECD’s Campaign Against ‘Harmful Tax Competition’,” documents the transformation of the Organization for Economic Cooperation and Development (OECD) from its “initial focus on finding solutions to problems that impeded international economic activity” into an organization chiefly concerned with enabling a few high-tax countries to collect revenues at the expense of other, lower tax, countries.

A Subcommittee of the House Financial Services Committee will hold a hearing Thursday on a proposed IRS regulation to require reporting of nonresident alien deposit interest information. Such interest is not taxed under US law, and requiring its reporting would drive away much needed foreign capital, while providing zero benefit to the US economy or American taxpayers.

In a letter released today, the Coalition for Tax Competition asked members of Congress to cut the $100 million taxpayer subsidy to the Organization for Economic Cooperation and Development. Citing the OECD’s record as an opponent of tax competition, the letter argues that US taxpayers should not be funding an organization which works against their interests by promoting a big government agenda.

The so-called War on Poverty has failed. Making government bigger and creating more federal redistribution programs has been bad news for taxpayers. But the welfare state also has been a disaster for the less fortunate, creating a flypaper effect that makes it difficult for people to lead independent and self-reliant lives. This Center for Freedom and Prosperity Foundation video shows how the poverty rate was falling after World War II — but then stagnated once the federal government got involved.

The latest “Economics 101” video released today by the Center for Freedom and Prosperity Foundation (CF&P), narrated by Hadley Heath of the Independent Women’s Forum, calls for restoring economic freedom to reduce poverty. Entitled, “Free Markets, Not Redistribution, Is Best Way to Reduce Poverty,” the video puts poverty in perspective and shows how government redistribution programs perpetuate rather than alleviate the problem.

In a decision that is overwhelmingly the result of the hard work and dedication of one person, Los Angeles is ending its revenue-generating red-light camera scheme. Here’s Jay Beeber’s interview with Reason TV. If you’re interested, this post has more information about how red-light cameras make intersections more dangerous. It’s probably an exaggeration to say […]

The Center for Freedom and Prosperity (CF&P) is praising three U.S. Senators for their leadership in introducing legislation that would prevent the IRS from implementing an unnecessary and destructive regulation.