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

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A Few Questions About Taxes

by cactus A Few Questions About Taxes In the past few years, if you pointed out that the Bush tax cuts went primarily to those with high incomes, the response…

George W. Bush = LBJ on Fiscal Policy

…income taxes are more progressive than payroll taxes, cutting income taxes but not payroll taxes makes the system as a whole less progressive. This observation is usually made by people…

Are the Oil Companies Paying Too Much in Taxes?

The Tax Foundation says yes: When the federal statutory corporate income tax rate of 35 percent is added to the weighted average of state corporate income taxes, the resulting rate…

Ireland’s Corporate Taxation

…lower. The US collects only about 1.8% of GDP in corporate income taxes, while Ireland collects about 3.7% of GDP in corporate income taxes. This extremely large share of national…

Katrina Relief & Ricardian Equivalence

…be to impose an income tax surcharge that funds the rebuilding over a given period … Taxes may be bad, but deficits are surely worse. What’s the explanation for why…

Greenspan: Raise Taxes on the Working Poor

…for lower taxes on capital income as he endorses a consumption tax. Is Dr. Greenspan trying to claim incentive effects on apply to taxes on capital income and not on…

…the condition that Luskin pay my payroll taxes and my state and local taxes for the next 20 years. I’m sure he won’t mind since these taxes do not exist….

…two categories of states. Because the data in the Tax Foundation Report reports “[Federal] Expenditures per Dollar of Taxes”, simply averaging the numbers by state is misleading. Here’s an example…

…phasing out income taxes in favor of consumption taxes (see the “Consumption Taxes, parts 1, 2, 3, 4, 5” in the sidebar). I’ve since wandered a bit, but allconsumptiontaxesallthetime.blogspot.com doesn’t…