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

You searched for: label/excise taxes

Quantitative Easing

…accounting profits equal to sales plus net inventory investment minus spending on labor, materials and excise taxes, then we discount that flow at an annual rate of 30% and see…

Baucus Mark: CBO Preliminary Score

…Medicaid and the Children’s Health Insurance Program (CHIP), and tax credits for small employers; those costs are partly offset by $201 billion in revenues from the excise tax on high-premium…

Free, freer, and trade…what flavor cool aid?

…U.S. border with Mexico. That is, whatever taxes and burdens Uncle Sam might impose (however wisely or foolishly) on economic activity within the U.S., those burdens are nation-wide. No special…

The Leaky Bucket Fallacy

…it is more efficient to redistribute wealth a short distance than a long distance. Simple models (public finance 101) suggest that income taxes are more efficient than excise taxes and…

SILOs –more action needed?

…federal Dept. of Transportation to use these means to get some. So there is a vicious double circle of irony here, that as states and localities cut taxes during the…

Tax Competition: why it is not a good thing

excise-type taxes). Accordingly, the overall tax burden is very different from that portrayed solely by looking at corporate income tax rates. The Tax Foundation claims that the same “trends” apply…

Adam Smith Says Tax Soda Pop

…director of Yale’s Rudd Center for Food Policy and Obesity, propose a penny-per-ounce excise tax on “sugared beverages.” That’s nearly $3 per case. And who else is on board ?…

Mankiw and Wm. Randolph CBO report

Lifted from comments cactus style by Reader Stuart Levine continued from the post on Mankiw and corporate taxes here and here: Mankiw relies on “[A] 2006 study [by] the economist…

Changing Corporate Tax Provisions

…of their income from taxes. But since only exporting firms can take advantage of this particular tax break, it amounts to an export subsidy, which is something that violates WTO…