Relevant and even prescient commentary on news, politics and the economy.

Corporate Taxes from the AEI perspective–the AEI report gets an F

by Linda Beale Corporate Taxes from the AEI perspective–the AEI report gets an Fcrossposted with Ataxingmatter [edited to correct typos and add link to CTJ and Leonhardt articles 2/19pm] Kevin Hassett, an economic grunt at the American Enterprise Institute and frequent contributor to the Wall Street Journal op-ed pages, prepared a report for the institute […]

Are Republicans or Democrats Better for the Economy?

Barry Ritholz’s The Big Picture carries a link to Presimetrics in the Reads to start your week section of his blog and Mike has been asked by Barry to post a chapter in the book section. Dan says: Mike’s book is one that people need to study and not skim to reinforce a dearly held […]

Tax cuts and deficit commissions

by Linda Beale Tax cuts and deficit commissionscrossposted with Ataxingmatter The game continues, as Republicans hold out for tax cuts for the wealthy (who are garnering increasing amounts of the total income) and various “deficit commissions” put out austerity plans that all call for cutting Social Security benefits and Medicare benefits. Alice Rivlin, who spoke […]

Let’s be real folks..marginal tax cuts don’t motivate

From the LA Times op-ed page comes this piece by an entrepreneur: I’m a venture capitalist and an entrepreneur. Over the past three decades, I’ve made both good and bad investments. I’ve created successful companies and ones that didn’t do so well. Overall, I’m proud that my investments have created jobs and led to some […]

Corporate Tax Rates and Unemployment, A Correction

by Mike Kimel Corporate Tax Rates and Unemployment, A Correction Cross posted at the Presimetrics blog. — I’m embarrassed. I messed up last week’s post which appeared at Angry Bear and on the Presimetrics blog. Essentially, I copied in some of the data on tax rates incorrect for three years in the late 1970s; the […]

New Year’s Tax Resolutions

by Linda Beale A quote from Amartya Sen, and my New Year’s Tax Resolutions (for Congress and the Obama Administration) The time between December 30 and January 4 seems to be filled with lists. Along with the ever-present list of “to dos” that haven’t been done and still are hanging around waiting for our attention, […]