Articles
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Budget & Tax
Tax Cuts in Oklahoma and Kansas Fuel Small Businesses
Over the last decade, Oklahoma has been one of the most aggressive states in the country when it comes to reducing the burden of taxes on taxpayers. Since 2002, the top marginal individual income tax rate has fallen significantly—by 22 percent—to 5.25 percent from 6.75 percent.J. Scott Moody & Wendy Warcholik, Ph.D. | September 12, 2014
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Budget & Tax
The rich are already paying their ‘fair share’ — and then some
President Obama has repeatedly called for the so-called rich to pay their “fair share” as he strives to attain his stated goal of tax fairness. He defines as wealthy those individuals making $200k or married couples making more than $250k. But these earners are far from the millionaires that most would envision as America’s elite.Wendy Warcholik, Ph.D. | July 29, 2014
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Higher Education
The Value of the College Premium—and the Marriage Premium
There is a lot of discussion in the mainstream media about the “college wage premium”—the benefit gained by earning a college diploma in terms of one’s long-term earning potential.J. Scott Moody & Wendy Warcholik, Ph.D. | July 2, 2014
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Education
Standing up for parents’ rights
Oklahoma’s newly enacted Parents’ Bill of Rights may be seen by some as duplicative, given that Oklahoma already has laws that firmly protect parents’ relationships with their children. However, given Washington’s desire to assert its preeminence over the states, Oklahoma policymakers must remain vigilant and active.Wendy Warcholik, Ph.D. | June 23, 2014
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Education
The Seen and the Unseen: Educational Revenues and Deadweight Loss
In two exhaustive studies (National Bureau of Economic Research working papers published in 1993 and 1995), Feldstein finds, based on actual taxpayer behavior derived from IRS data, that the TE is 1.28. That is, a 1 percent change in marginal tax rates yields a 1.28 percent change in taxable income.Wendy Warcholik, Ph.D. | June 3, 2014
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Culture & the Family
Families, Not Government, Can Reduce Generational Poverty
I have previously written in these pages (“Black Leaders Say Personal Responsibility Key to Economic Opportunity,” July 2013) about the mayor of a great city, a prize-winning economist, and an award-winning actor who all speak about the need for stable families.Wendy Warcholik, Ph.D. | May 7, 2014
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Education, Culture & the Family
Family Intactness, Parental Participation, and Student Performance
When President Obama was interviewed by Bill O’Reilly of FOX News, O’Reilly made the statement that poverty is driven by the dissolution of the American family. He specifically asked the president, “Why isn’t there a campaign by you and the First Lady to address this very explicitly?”Wendy Warcholik, Ph.D. | April 9, 2014
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Culture & the Family
Family Structure, Geography, and Income Mobility
Politicians and economists from the left and the right have been decrying the lack of economic mobility in the United States and offering different solutions to solve the problem.Wendy Warcholik, Ph.D. | March 12, 2014
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Health Care
The Negative Impact of Multi-Generational Welfare
Government welfare programs were originally designed to be temporary to help people get back on their financial feet. Today, that is no longer true.J. Scott Moody & Wendy Warcholik, Ph.D. | February 12, 2014
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Good Government
In Praise of Enterprise Zones
Economic distress does not always manifest equally throughout America. Some communities are hit hard economically while others may only feel a small economic hiccup. If the same communities are hit repeatedly then they may slide into a state of permanent decline—Detroit is the current poster child for this kind of economic tragedy.Wendy Warcholik, Ph.D. | February 12, 2014