Paul Krugman on the 2003 Tax Cut and the Recent Recovery
…It’s actually neither. About the Bush tax cuts: the tax cuts of 2001 evidently didn’t do the job; these days, the Bush people talk about the economy as if history…
…It’s actually neither. About the Bush tax cuts: the tax cuts of 2001 evidently didn’t do the job; these days, the Bush people talk about the economy as if history…
…tax cuts, one Democratic leader said these cuts would “do nothing to create jobs.” Facts have proven the critics wrong 5.1 million times over. Tax relief has done exactly what…
…this period that had the higher tax rates. As far as Federal revenues allegedly rising from the tax cuts, our graph of real tax revenues show no such effect. And…
…Clinton/Kerry tax regime to the “Bush getting everything he wanted” tax regime reveals a tremendous difference in wealth creation and (more to the point) tax revenues. Let’s leave aside both…
Ramesh Ponnuru gets this right: The payroll tax currently applies only to the first $90,000 of wages. If you make more than that, payroll taxes are not taken out of…
…changes: tax increases on income over $200,000; modest middle-class tax decreases; a modest reduction in corporate tax rates; implementation of the McCain-Kerry Worporate Welfare Commission to reduce some corporate tax…
…those religions, nor does it determine religious policy. On the tax front, institutions organized for a religious purpose are eligible for 501(c)(3) status and hence exempt from the income tax….
…those religions, nor does it determine religious policy. On the tax front, institutions organized for a religious purpose are eligible for 501(c)(3) status and hence exempt from the income tax….
…won because he supported their tax bill, in spite of the fact that he “opposed the tax cuts as a ‘complete betrayal of the middle class.’” When faced with an…
…TCJA exempted most foreign income from taxation as part of a shift toward a more territorial tax system, similar to those used in Europe and much of the world. But…