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Entries tagged taxes

September 04, 2013 9:28 AM Nonprofits Are Growing. What Is It They Do?

The U.S. nonprofit sector has survived surprisingly well since the 2008 financial crisis. Even during the depths of the downturn, its revenue rose steadily. Today, nonprofit sales of goods and services to households amount to almost $1 trillion a year...

By Peter Orszag

June 14, 2013 11:16 AM When Are We Going to Get Tax Reform?

Earlier this week, Stan Collender wrote a longish piece about the prospects for tax reform. His bottom line? Don't expect anything until 2017. He makes several points, most of which I agree with. But I'm not sure I agree with...

By Jonathan Bernstein

April 15, 2013 1:58 PM Build a Better Federal Tobacco Tax

President Obama’s budget proposal includes a hike in tobacco taxes. Right now, taxes are so high in some places (e.g., New York City, Chicago) that evasion happens on a grand scale and the black market in untaxed cigarettes is thriving.Meanwhile,...

By Keith Humphreys

April 15, 2013 8:00 AM Happy Tax Day: How TurboTax Works to Keep Your Taxes Difficult

Why are taxes so hard? Part of the reason seems to be that tax preparation companies' lobbying efforts ensure that doing your taxes are really complicated. When doing your taxes you may notice that, if you're like most people, virtually...

By Daniel Luzer

March 25, 2013 11:06 AM Is the Estate Tax Doomed?

This is the question posed by political scientists Kenneth Scheve (Stanford University) and David Stasavage (New York University) in a post on the NY Times’ Opinionator blog.  They note: With income inequality at levels not seen since the 1920s, and...

By Joshua Tucker