Gaius Publius: Deficit Talk Is a Trap. Will Democrats Fall Into It?
The Democrats would join the Republicans in using deficits to justify cutting Medicare, Social Security, and other services. Don’t let them.
Read more...Category Archives: Taxes
Tax Cuts, Wages and Salaries: Will Lower Taxes and Profit Repatriation Help Workers?
Debunking some of the claims of tax “reform” proponents, like that giving companies a tax break to repatriate profits will create jobs.
Read more...GOP Tax Bill is Even Worse Than We Think
There’s ugly, and then there’s the GOP’s tax bill.
Read more...The Republican Tax Plan
Economists discuss the Republican tax proposals and for the most part, find a lot not to like.
Read more...What the Paradise Papers Tell Us About Global Business and Political Elites
Some observations about the Paradise Papers and the big business of tax avoidance.
Read more...Treasury Secretary Mnuchin’s Forked Tongue on Tax Cuts for the Wealthy
It is an insult to intelligence for Steven Mnuchin to claim that the Trump tax plan isn’t a sop to the rich. That’s the GOP’s raison d’etre.
Read more...World Bank Must Stop Encouraging Harmful Tax Competition
The World Bank manages to make the IMF look good…..
Read more...Trump Administration Picks Bizarre Fight With IMF Over Report Backing Taxing the Rich
The IMF makes a careful case for more redistribution.
Read more...Wolf Richter: The Big Amazon Subsidy is Doomed
Amazon is losing more and more ground to states out to collect sales taxes.
Read more...Tax Breaks Make $50 Oil Profitable in the U.S.
A short overview of the importance of tax breaks to oil company profits.
Read more...Tax Sausage Making Begins, But Will Republicans Be Happy With the Result?
Tax “reform” is going to produce more Republican infighting and a bill that falls short of expectations. Pass the popcorn.
Read more...Taxcast: Hurricanes, Disaster Capitalism, Bitcoin and Over-Reliance on Unhelpful Economic Measures
On Tax Justice Network’s Taxcast, John Christensen and Daniel Mugge weigh in on hurricanes, tax havens, and disaster capitalism.
Read more...Will Disappointing Tax Reform Puncture the Stock Market Bubble?
Why the Trump tax reform is likely to be a damp squib.
Read more...School Funding Fight in Illinois: Billionaire Ex-Private Equity Governor Rauner v. 2 Million Students
Yves here. Notice how all the hysteria over evil Rooskies, North Korea, and neo-Nazis on the march has diverted media attention away from fights over economic issues? In Illinois, Governor Rauner is pushing through a scheme to curb funding to schools that is designed to hit lower property tax districts and Chicago particularly hard. Some […]
Read more...The Case Against a Consumption Tax
Why a consumption tax does not hold up under close scrutiny.
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