Mike Kimel at Angry Bear has several nice posts on the "Laffer Curve"
…U shaped curve, where taxes collected first increase as the tax rate goes up, then decrease as tax rates go higher still, back down to zero tax collected when the…
…U shaped curve, where taxes collected first increase as the tax rate goes up, then decrease as tax rates go higher still, back down to zero tax collected when the…
…tax under current policy or at a 15% rate, with zero taxation of capital gains, dividends and interest that accrues mostly to the rich and uberrich, while corporate tax rate…
…he would use the savings from all that to make the Bush tax cuts effectively permanent, but actually do worse than that, by changing the tax code to lower the…
…tax cuts generate more tax revenues, while at the same time they had to raise the debt limit so that the government could borrow money to fund the tax cuts…
by Linda Beale (cross posted with ataxingmatter) What’s Your Top Ten List for Tax Reforms? Tax Prof’s ongoing discussion of potential tax reforms to be suggested to the Volcker Commission…
…taxes paid by the wealthy has risen even as statutory tax rates have fallen sharply. Bruce’s op-ed notes that the share of Federal taxes that comes from the top 1%…
…have been without Bush administration tax policies. In January of 2003 the Republican Congress stipulated that its own tax specialists, the Joint Committee for Taxation (JCT), must prepare “dynamic” analyses…
As we all know, Bush pushed through two massive tax cuts — “the largest tax relief in history,” according to the Bush campaign. Yet the current recovery is among the…
by Linda Beale Corporations Never Had It So Good The press is covering the GAO‘s latest report on corporate taxes: Corporate Income Tax: Effective Tax Rates Can Differ Significantly from…
…new policies, reviving labor laws to support workers, instituting a more progressive income tax, reforming the tax code to remove the many tax subsidies for Big Business (and especially those…