Robert Shiller: Raise taxes on rich if inequality gets worse
Here is a 12 minute video on youtube of an interview from Davos, Switzerland, with Robert Shiller from Yale University. He says in the video that taxes should be raised…
Here is a 12 minute video on youtube of an interview from Davos, Switzerland, with Robert Shiller from Yale University. He says in the video that taxes should be raised…
…income equation… Consumption on finished goods and services, Net taxes, Saving for economy, Imports and Exports. As the income flows through the economy, the financial sector is key through its…
…GDP from the year before an administration took office to it’s second year in office. Every Republican administration reduced revenues collected by the Federal government (read: cut taxes) right from…
…stress the tax cuts for the non rich and that higher taxes on the rich are, unfortunately, necessary if we are to have lower taxes on the non rich without…
…wait, there’s less. What if the increased taxes were taxes on high incomes (say profits over 100,000 euros per year). That would have a much smaller effect on demand. Or…
…IRS performs the most audits per capita sure looks familiar. Here is that map (via Brad DeLong) Here is a rather older map The past isn’t dead. It is taxes…
…dollars fund the bailout over time. As most of you know, Texas doesn’t have income taxes, and the majority of property taxes fund the schools and local communities. Taxes are…
…media platforms that allow misinformation to spread. But it might work, and it would help support organizations that do real shoe-leather reporting. Ad taxes might also lead to usage fees,…
…incomes in excess of $400,000 a year, while cutting taxes for lower-income Americans. Biden wants billionaires to pay at least 25 percent of their incomes in taxes. He wants to…
…is negative over the first 10 years and remains below 1% of pre-TCJA revenue thereafter.”21 In the long term, they note that increased personal income taxes will offset some of…