by Mike Kimel Four Graphs Looking at Real Economic Growth This post contains four graphs looking at real economic growth, three of which also contain some tax information. The first graph shows the five year annualized growth in real GDP for every five year period beginning the one ending in 1934. (I begin then simply […]
by Mike Kimel Libertarians Looking Vaguely in the Direction of Apostasy Tyler Cowen is a prominent libertarian, a professor at GMU and Director of the Mercatus Institute. He is also on very, very dangerous ground. Lately he has had a couple of posts – the latest one here – that quote a new book by […]
by Mike Kimel Where Has the Spending Gone, Joe Dimaggio? Lately there’s been a gnashing of the teeth about the deficit and the debt and what to do about it. Democrats point out that when GW took office, there was no deficit, and that a big part of the problem is that federal tax revenues […]
by Linda Beale In earlier posts on ataxingmatter (here and here), I reviewed Robert Reich’s 2010 book, After Shock, and wrote about his suggested cures for the problems made most visible in the 2007 crash and the Great Depression that followed. The gist of the book is summed up in the following quote: “[L]eft to […]
by Mike Kimel Update: McClatchy tackles the question here. GW Broke with Clinton. Did Obama Break with GW?Cross-posted at the Presimetrics blog The following major initiatives had occurred toward the end of April 2003, about two years and three months into the GW Bush administration: 1. Marginal income tax rate cuts in 2001, 2002 and […]
by Mike Kimel Why I will not be Voting for Obama in 2012 Cross posted at the Presimetrics blog. The presidential elections are a year and a half away, but I am pretty certain of one thing: I will not be voting to re-elect Barack Obama. That does not mean that I will be voting […]
by Mike Kimel John Taylor in Favor of Higher Marginal Income Tax Rates? If Not, Why Not? A couple of weeks ago, John Taylor posted a graph showing that since 1990, there has been a negative correlation between the Investment to GDP ratio and unemployment. There’s been some back and forth between Taylor and some […]
by Mike Kimel Deficit numbers for CEA chair signatories on the deficit letter Cross-posted at Presimetrics Title updated I’m kind of late to this, but apparently ten ex-chairs of the President’s Council of Economic Advisors decided to share their opinion about the national debt with the rest of us. There’s been commentary here and there […]
by Linda Bealecrossposted with Ataxingmatter Information Reporting on foreign depositors in US banks–Florida’s GOP delegation shamefully supports tax evasion facilitation Many wealthy Americans have taken advantage of banking secrecy in other countries, particularly Switzerland, to hide their assets and income from the United States, thus avoiding paying their fair share of taxes on their riches. […]
by Mike Kimel Japan: The Post-WW2 Rise, the 1980s Peak, and the Decline – A Simple TheoryCross-posted at the Presimetrics blog. A lot has been written about the disaster in Japan. I don’t have much I can add to that, except that like everyone else (or at least everyone civilized), I am so very sorry […]