“I see the speech yesterday as the president’s strongest commitment into engaging in this policy process…. We are eight months into the administration…. But I am hopeful this is the beginning, as the president said, the kick off I think of a concerted effort to move from the tax code we have to a kind tax code that republicans have been talking about for well more than a year now. One with a broader base and lower rates.”
“‘I’m an advocate of a revenue-neutral carbon tax if the revenue raised is used to reduce or eliminate taxes that are most harmful to the economy,’ said Alex Brill of the American Enterprise Institute. ‘That would be a great trade,’ he said before adding that it is not something that is about to happen. ‘As a matter of politics, the environment for a carbon tax has not matured to the point that a majority of lawmakers are ready to embrace it,’ Brill said. ‘It would be premature for those who think a carbon tax is a good idea to try to chase the next legislative train,’ he said. And while there is a risk of trying to rush a carbon tax into the political process, there is also a risk in believing that a carbon tax is always going to be a long-term project, he added.”
“Outside of the cost to local communities, experts have also linked the economic impact of the opioid crisis to rising insurance costs in both the private and public sector. A study by Matrix Global Advisors, a policy group based in Washington, D.C., shows that the cost of the opioid epidemic in Michigan costs every resident in the state about $84 a year. . . . ‘The healthcare costs associated with opioid abuse are the equivalent of an extra $84 in healthcare costs per Michigan resident every year,’ said Christy Robinson, Matrix Global Advisors director. ‘But determining who pays which part of the $84 is outside of the scope of our analysis.'”
“‘The PAVE award is an interesting and encouraging proposal geared toward shifting reimbursement towards value-based metrics,’ said Matrix Global Advisors founder and CEO Alex Brill. ‘This proposal might be further strengthened if in addition to the ‘carrot’ for improved reimbursement models for new products, a ‘stick’ to discourage inappropriate over-utilization of existing products was also included.'”
In recent years, internet sales have grown by nearly 15 percent per year, compared to 4 percent per year for brick-and-mortar retail sales. Although e-commerce represents less than 9 percent of total retail sales, this shift in where we shop is eroding states’ sales tax base. Under the Supreme Court’s 1992 decision in Quill Corp. v. North Dakota, sellers without a physical presence in a state cannot be required to collect and remit that state’s sales tax. As a result, online sellers have an artificial competitive advantage over local brick-and-mortar sellers, who must collect sales tax from their customers. Congress needs to end this unfair tax advantage.