World War II

Top Margin Income Tax Hikes Do Not Increase Revenue

By Chris Andriesen
11/29/2010
by Ashley Muchow History has shown us that increasing the top margin personal income tax rate has done little to impact tax revenues. Indeed, over the past 60 years, tax revenues as a percentage of GDP have averaged just under 19.5 percent even when the top marginal tax rate has fluctuated from its 92% peak in...

Private Employment Bearing the Brunt of the Burden

10/19/2010
by Ashley Muchow The Mercatus Center released a longitudinal illustration of the changes in employment from 2001 to 2009. In 2009, private sector employment undoubtedly got the short end of the stick–losing nearly 6 million jobs, while government and federal employment numbers managed to increase. Now we all know the economy has been hit hard in recent years and...

Minimum Wage Laws Hurt the Young & Low-Skilled

03/18/2010
Gov. Quinn should rethink his minimum wage position. Advocating for a higher minimum wage is a short-term political gimmick that does long-term detrimental harm to the people it pretends to help.

Why Health Care Costs So Much and What We Can Do About It

By Chris Andriesen
06/16/2008
WHY HEALTH CARE COSTS SO MUCH AND WHAT WE CAN DO ABOUT IT (Springfield, Ill.) Government intervention in the economy, whenever it is tried, often comes with unintended consequences that make matters worse.  The arena of health care is no exception. Over recent decades, the debate over what has caused health care costs to rise so...