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

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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

since the government doesn’t pay taxes. Since we’re interested in growth, we can adjust the private sector component of GDP for inflation – might as well put it in 2005…

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…

Why taxes are important

…parts of that, given all the misinformation abounding now about taxes. For just a tip-of-the-iceberg indicator of the misinformation and lack of understanding that many Americans have about taxes, see…

Most* Americans want to soak the rich

…is no evidence to support that view. The data which prove my claims come after the jump. First look at polling report on taxes. http://www.pollingreport.com/budget.htm Search for taxes and look…