OJ Blanchard defends the IMFs interactions with Greece
…income, payroll and value added taxes are not the only taxes. A capital levey, a one off tax on financial wealth can be used to deal with debt, deficits and…
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Okay, so Douglas Holtz-Eakin thinks that proposing policies that have been proposed before but have not been adopted (or are no longer in force) is the same as proposing policies that have been adopted and are still in place. Seriously, he completely conflates the two.
Many conservatives breathed a sigh of relief after the speech, having feared a fresh set of innovative proposals that might have required serious responses. “I think it’s a horse race…
Impending disaster in Greece
…Alexis Tsipras proposed to the EU to accept almost all of the terms if there was some true financial relief. Instead, what the European Union, spurred by Germany, proposed today…
Is there any limit on Judges power to impose their will under threat of prison ?
…state courts too via the 14th amendment. I think that it would be good for the Constitution and the country if Bundy and Jaynes seperately sought relief (if they don’t…
Instead of nominating Marco Rubio, the Republicans should just cut out the pretense and nominate his doppelgänger: Charlie McCarthy
…House of Representatives: a dramatic reduction of property taxes and increase in the state sales tax. When Rubio left state government, he got a job teaching at Florida International University,…
Brad DeLong Rejoins the Reality-Based Community; Mark Thoma tells us why it is so
…low as it can go, this won’t be effective. Another solution is to raise private investment through mechanisms such as tax incentives. But in a stagnating economy, business confidence is…
Why the “Proposed Koch gift to WCU is a Bad Idea”
…under nonprofit statutes so they are effectively subsidized by taxpayers to the tune of forty percent. The New Yorker piece quotes Judge Richard Posner on treating foundation assets as tax…
The IMF and the Next Crisis
…bailout loan of 2010 only delayed the eventual restructuring of Greek debt in 2012. The IMF now insists that the European governments grant Greece more debt relief before it will…
The Key to Defeating Trump in the General Election Is in a Single Sentence of His in Last Night’s Debate: Angry Americans want big tax cuts for the wealthy
…have anger. They love this country. They don’t like seeing bad trade deals. They don’t like seeing higher taxes. They don’t like seeing a loss of their jobs. … And…
The Most Successful Trojan Horse Since the Trojan War
…tax plan, posted suddenly on his website last October after months of intimating a preference for anti-supply-side, far more progressive tax policy. Reversing himself, dramatically but quietly, that proposal out-supply-sided,…