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Social Security and the Economics of Bill Thomas

…I can understand shifting from income taxes to sales taxes to induce more saving, that is, trading off current consumption for future consumption. But how does increasing sales taxes to…

President Bush Notes Federal Bankruptcy

…take our responsibilities seriously, and work together today … we must not increase payroll taxes, because higher taxes would slow economic growth. Four points: #1 – I seriously doubt anyone…

…raise taxes by $900 billion. Bush’s campaign manager explains how they arrived at this conclusion despite the fact that Kerry has never said he wants to raise taxes by $900…

Consumption Taxes in Disguise Via Matt Yglesias (see Digby as well), I see that consumption taxes are back on the agenda. Here’s Matt, writing about David Brooks’ latest editorial: The…

…the civic pride of knowing that, even as a lucky ducky, you still pay a third or more of your gross income in income taxes, payroll taxes, sales taxes and…

…proposal on dividend taxes: Bush says his proposal to eliminate dividend taxes would boost stock prices and create jobs [on this point, see my earlier post]. Committee Chairman Charles Grassley,…

taxes around 2000. The crisis is probably worst in California (Democrat), but Texas (R) and New York (R) are not doing much better. Missouri has adopted an innovative new measure:…

taxes around 2000. The crisis is probably worst in California (Democrat), but Texas (R) and New York (R) are not doing much better. Missouri has adopted an innovative new measure:…

More Glen “No connection” Hubbard and Taxes I came across this very recent interview with Glenn Hubbard (chair of the President’s Council of Economic Advisors, in which Dr. Hubbard talks…

…Karl?). Another Corner Solution: Many workers pay no income taxes (though they do pay payroll taxes). Reducing the income tax will not affect these employees’ incentives to work. One caveat…