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Intolerance on Campus

Why Carole Hooven Left Harvard

January 20, 2024

Claudine Gay’s resignation has thrown Harvard’s long-standing failure to protect free expression into sharp relief. Former Harvard Professor Carole Hooven details how this climate of intolerance forced her to leave the university in early 2023.

 

 

The victory of the pro-independence Democratic Progressive Party in Taiwan’s recent elections is likely to intensify cross-Strait tensions. Writing in the New York Times, Michael Beckley explains why Taiwan and the United States are running out of time to avoid conflict with China.

 

Building off his protectionist policies as president, Donald Trump is now proposing a 10 percent universal tariff on the campaign trail. Phil Gramm and Donald J. Boudreaux explain why there’s no economic basis for this policy—especially after the demonstrated failure of the tariffs Trump and Biden have implemented.

 

Sen. Ron Wyden (D-OR) and Rep. Jason Smith (R-MO) proposed a new, bipartisan tax framework that pairs an expansion of the child tax credit with the extension of business tax credits. Angela Rachidi warns that this proposal undermines federal work requirements that have been essential to increasing stable employment among low-income Americans.

 

Since Russia’s invasion, Ukraine has dramatically expanded its domestic defense production with Western help. Frederick W. Kagan and his coauthors show how these investments will allow Ukraine to sustain its war effort without relying on substantial foreign aid in the long term.

The Case for Using Subsidies for Retirement Plans to Fix Social Security

Current projections suggest that Social Security’s funding shortfall will render it unable to pay scheduled benefits in full and on time by 2034, but policy solutions and political interest in addressing this problem remain elusive. In a new research paper, Andrew G. Biggs and Alicia H. Munnell propose a new solution: ending retirement plan tax preferences and putting the savings into Social Security. Deferring taxes on employer-sponsored retirement plans and individual retirement accounts cost the federal government about $185 billion in 2020, but Biggs and Munnell find that these preferences do little to boost national saving while primarily benefiting high earners. Redirecting these funds into Social Security would cover much of the program’s shortfall without cutting benefits or raising taxes, while moving money from a program that does not significantly improve retirement income security to one that indisputably does.

 

 

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