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Raising Future Taxes Yet Again

Well, it looks like they finally did it. Congressional Republicans agreed yesterday on new ways to raise future taxes. They’ve proven quite expert at cutting today’s taxes and paying for…

Greg Mankiw’s anti-tax arguments

…manipulate their taxes through agressive transfer pricing. Even corporations that end up paying taxes don’t pay taxes at the statutory rate on their full economic income–the average effective corporate tax…

Taxes and Private Sector

…his wisdom – the importance of taxes when it comes to providing incentives to the private sector. See, raising taxes causes the producers, the folks who make things happen (as…

New graphic data on taxes, growth, and revenues

…evaders are people who evade paying taxes, not who evade paying marginal taxes.) The IRS provides data on total personal income tax paid as a percentage of the total personal…

Abolishing Sales Taxes

…might be to advocate the abolition of sales taxes, replacing the lost revenue with income taxes. Since there’s no national sales tax this would have to happen at the state…

Ricardian Equivalence

…The actual belief of advocates of cutting taxes on profits is that taxes and government spending should be cut. But they don’t propose that, because government spending is popular. They…