A non-partisan publication by @TuftsUniversity@FletcherSchool, bringing facts and incisive analysis to the national debate on economic and social policies.
In @EconoFactOrg, @kpomerleau outlines the ways tariffs affect the United States' fiscal position. Pomerleau writes that tariffs create distortions in the economy and introduce uncertainty in such a way that outweighs any gains in tax revenue:
aei.org/articles/fiscal-and-…
A hundred days into the US-Israel war on Iran, Americans are facing increasing financial pressure in an economy already facing headwinds from President Trump’s domestic and foreign policies, including tariffs.
🔗: aje.news/11fn4h
Medicaid covers more than 75 million low-income and disabled Americans. In this EconoFact Explainer, Mark Shepard unpacks how the program works and the tradeoffs at the heart of these debates: how to balance coverage, cost, access, and federalism.
econofact.org/explainer/unde…
China has become the world's largest market for EVs, while EV adoption in the U.S. has lagged behind. What factors contributed to this gap, and what policies could help accelerate the transition to EVs in the U.S.? Charles Collyns @econofact explains econofact.org/how-the-u-s-fe…
Good corporate tax policy must balance raising adequate revenue while promoting efficient, competitive, and fair outcomes for both businesses. In this EconoFact Explainer, @elenaspatel@brookings examines how well the US has struck that balance. econofact.org/explainer/taxi…
US federal debt has climbed from 35% of GDP in 2007 to roughly 100% today. @KarenDynan and Douglas Elmendorf @Harvard explain the risks of high and rising federal debt, and the ways in which a fiscal crisis could unfold.
econofact.org/explainer/fede…
As wealth inequality continues to grow, policymakers are debating whether a wealth tax could reduce disparities and raise revenue. But how would a wealth tax work, and what economic and administrative challenges would it face? Christopher Towe discusses econofact.org/the-wealth-tax…
Digital services taxes have become a growing source of tension between the U.S. and Europe. Why are European countries targeting large tech firms, and what could this dispute mean for trade relations, multinational taxation, and more?
econofact.org/explainer/the-…
As the “Great Wealth Transfer” accelerates, policymakers face growing questions about estate taxes, inheritance taxes, and the taxation of unrealized capital gains. William Gale and John Sabelhaus discuss in this @econofact explainer. econofact.org/explainer/how-…
Want to understand the economic policy debates shaping headlines? Today we're announcing EconoFact Explainers -- in-depth articles on a range of topics, including the federal debt, taxation, Social Security, tariffs, and the tradeoffs behind them. econofact.org/explainer
Is suspending the federal gas tax a good idea? As @GibMetcalf@tufts points out, cutting the gas tax would not have much of an effect on prices at the pump, and undermines our efforts to cut our reliance on oil.
econofact.org/should-we-susp…
New research shows that states which implemented total abortion bans following the Supreme Court’s decision on Dobbs saw stalling rental price growth, and rising vacancies.
econofact.org/do-state-abort…
The Jones Act dramatically increases the cost of shipping in the US, but waiving it would lead to only modest savings in the price of gas.
econofact.org/the-jones-act-…
Last year, Jones Act tanker rates were so high that it cost about the same to ship from Houston to Tampa (722 nautical miles) as from Houston to Montreal (3,267 nautical miles). (via @EconoFactOrg)