Center on Taxes and the Economy

Budgets and Taxes

Get Heartland's new book on entitlement reform: Power to the People

Heartland Senior Fellow Peter J. Ferrara has written a succinct and authoritative guide for the next president and Congress to save Social Security, reform Medicare, and repeal Obamacare. According to Arthur Laffer, “Peter Ferrara is delightfully eccentric, wicked smart, and laser focused, and his book, “Power to the People,” is a must read. I urge everyone, especially members of Congress, to pay attention to what Ferrara has to say.”

According to Ferrara, the failure of the nation’s entitlement system cries out for an entirely new approach. Instead of the negative politics of cutting benefits for the poor, seniors, and those who need health care, the increased productivity and market incentives of pro-growth entitlement reform would result in better benefits and incomes for the poor and seniors, and better health care for the sick. At the same time, pro-growth entitlement reform would reduce taxes and government spending by the greatest amounts in world history.

Ferrara’s reforms are all positive and populist, producing far better results for the poor, seniors, and those who need health care. They would be politically popular since they are invariably win-win solutions that empower individuals to make the choices they believe are right. Elected officials who have run on these themes and ideas have won elections in the past and will in the future. Those who oppose these reforms are on the losing side of history.

Click here for more information about the book, and how to get it.

About Heartland’s Center on Taxes and the Economy

The Heartland Institute works with free market-oriented experts to discuss the good and bad of national, state and local government policies in the tax and spending arenas. Topics include income, sales and excise taxes, economic development, targeted tax incentives, government pension and health costs, and other influences on taxes and spending.

We favor policies that reduce the size and power of government and expand choice and freedom for citizens. We oppose government programs and tax regimes that favor some at the expense of others.

There are many approaches to achieving spending and tax reforms that would benefit businesses and individuals. These many ideas can be found here.

Click here to see The Heartland Institute's 2015 Welfare Reform Report Card, inclucing an interactive map to compare each state.

Click here to see The Heartland Institute essay In Defense of Smokers.


  • Welfare Reform

    Successful welfare reform can save lives and produce positive effects on multiple generations. It can save taxpayers billions of dollars and help address such serious social maladies as crime, alcoholism, and teenage pregnancy. And it can demonstrate that government programs can be successfully devolved from the national government to states. Most state governments can improve the effectiveness of their efforts to help those in poverty. This 50-state report card offers policymakers and the public a roadmap for how it can be done.
  • Electronic Cigarettes

    Electronic cigarettes, or “e-cigarettes,” have quickly become one of the most popular nicotine replacement products and a key building block in tobacco harm reduction strategies. Bloomberg Industries estimates e-cigarette are a $2.3 billion industry in the United States. Electronic cigarettes contain no tobacco and nothing is combusted. There is wide agreement in the public health field that the chemicals in smoke – not the nicotine – cause death and disease.
  • Entitlement Reform

    Heartland Institute Senior Fellow Peter Ferrara writes a series of Heartland Policy Briefs on entitlement reform.