The Obama administration has dismissed questions about the Benghazi debacle as a purely political “sideshow.” A new The Heritage Foundation’s video, below, exposes the administration’s repeated dissembling on the terrorist attack that left four Americans dead.

Demand the truth. The American people deserve answers.

Apple executives were called in to testify before members of Congress yesterday. They were accused of “shifting” profits abroad to avoid paying taxes.

The fact of the matter, though, as Heritage Foundation tax expert Curtis Dubay told Fox Business yesterday, is that the money hasn’t been shifted at all because it wasn’t earned in the U.S. “I can’t go down to the Apple store here in Washington, buy an iPad, and have Apple then ‘shift’ that income abroad,” he said.

The U.S. corporate tax rate is the highest rate in the world. As long as it remains so exorbitant, successful businesses like Apple are going to keep their foreign income abroad.

Heritage’s Amy Payne has more:

The reason the Senate feigned indignation over an issue that had nothing to do with the U.S. is that some Members want Apple to pay more U.S. tax on all that foreign cash. They want Apple to bring all of that profit back into the U.S. and pay the U.S. corporate tax rate—the world’s highest—on it. But as long as we keep the U.S. rate the highest in the world, Apple and other multinational businesses are going to keep their foreign income abroad.

Apple has not done anything illegal by minimizing its tax liability. Because of America’s extremely high corporate tax rate, many companies don’t return to the U.S. what money they earn abroad. While other countries have been making efforts to cut their corporate tax rates, the U.S. has been making it more and more difficult for U.S. businesses.

Do you think Apple should pay more in taxes? Or should we fix the tax code to stop punishing successful firms?

He didn't know? Photo: Jewel Samad/AFP/Getty Images

President Obama says he didn’t know about the multiple scandals involving his administration, including the IRS harassment of conservative groups. But as the chief executive, shouldn’t President Obama be held responsible for these scandals?

If this were the business world, the answer would be “yes,” The Heritage Foundation’s Daniel Dew explains: Continue Reading »

“On May 19, the United States hit its debt ceiling after adding $300 billion in more debt since lawmakers suspended the ceiling in February,” Heritage’s Romina Boccia reports.

That’s $300 billion in new debt in less than four months.

Hitting the limit, she says, is part of an ongoing pattern: Continue Reading »

The IRS scandals are especially troubling since that’s the agency that’s in charge of administering much of Obamacare. “The scandals coming to light over the last week perfectly make the case for why Congress must eradicate the law from the statute books,” Heritage Foundation President Jim DeMint argues.

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