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Entries tagged taxes
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...
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,...
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...
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...
Derek Thompson over at The Atlantic has reproduced several interesting measures of taxes in the United States, relative to other countries. Despite conservative politicians’ insistence that the country’s budget problems stem from high spending, not low revenue, that’s just straight-up...