Expert Heidi Russell analyzes the economic impacts of relaxing vaccination requirements for children and finds that as immunization rates decline, the costs of an outbreak increase.

This brief outlines how the Small Business Administration's long-standing 7(a) loan program can build upon the lessons learned during the COVID-19 pandemic to strengthen its operations and impact.

The 15% corporate minimum tax is one of the Inflation Reduction Act's key revenue-raising provisions Joyce Beebe reviews the background, operating mechanism and different perspectives associated with implementing the corporate minimum tax.

As the reality of protracted drought pervades the border region, the need for greater cooperation between the United States and Mexico on transboundary groundwater management is becoming more urgent, writes nonresident scholar Stephen Mumme.

In this issue brief, public finance fellow Jorge Barro finds that lower state income taxation is associated with higher net taxpayer migration. Further, Barro explains that since the passage of the 2017 tax reform, taxpayers and earnings potential have both migrated to lower-taxing states at a faster rate.

To access the full working paper, download the PDF on the left-hand sidebar. 

I. Overview

H.R. 5376, previously known…

This report explores the current situation in Palestinian-Israeli dynamics and concludes that the only real solution is a return to the two-state paradigm. Peace and security — for both Israelis and Palestinians — will come through mutual recognition of statehood and clearly defined and respected international borders, the author writes.

The authors review the rating systems used to assign state unemployment insurance (SUI) tax rates to businesses, focusing on the reserve ratio and benefit ratio methods, and examine suggested alternatives.