…that do not even come close to reality and rely on invisible sources of funding to even come close to balance. Last year it was pour taxes and wage taxes,…
You searched for: label/sin taxes
How to calculate capital income’s consumption rate for recession forecasting
…of $631 billion. I subtract $631 b. from $1791 b. of total net taxes to get labor’s net taxes of $1160 b. Then I can calculate labor’s net tax rate…
Kevin Drum and the White Working Class
…by promising higher taxes on the rich and lower taxes for everyone else. I think that few voters buy the Republican line that Republicans cut taxes for the non rich….
The Nobel Economists Petitiion on Carbon Tax And Dividend Plan
…who has so far not signed this petition, although in the past he has supported using taxes. Certainly taxes can achieve favorable results in pollutions policy, although the most dramatic…
Does Being Balanced at the New York Times Mean Giving the Right Space to Lie?
…other taxes, such as taxes on non-wage income or higher corporate income taxes. This would move away from the practice of funding benefits from the dedicated Social Security tax, but…
Spending Cuts Over More Taxes to Cut Deficit
Some of what people favor is ok until they are impacted by increased taxes, spending cuts, and reducing programs. Suggestions politicians and political interests are looking over. Some are unlikely…
Tariffs and Tru_p
…teary eyed and sentimental over “gasoline taxes” or maybe “land transfer taxes.” This is real whack job stuff. But even worse, Trump doesn’t seem to understand the object of his…
Romney and Private Equity’s Questionable Schemes for Paying Very Little Tax
…that Bain partners may have saved more than $200 million in federal income taxes, $20 million in Medicare taxes). It’s not clear on what grounds the New York AG is…
Tax cuts for jobs. NOT! Another tax cut that is not paying out
…one that thinks it is smart of a state to set a cap on how much a municipality can raise taxes in any given year. The city notes that default…
Taxes and the deficit
This morning in his Monday column Paul Krugman discussed the need to raise taxes to deal with the long run structural federal deficit. You can read the column at Economist’s…
