News
NY Times | In City Often? Tax Man Asks Some for Tally
...this year, the state tax department...[is] asking state residents who own second, or perhaps third and fourth, homes to specify how many days they spent in New York City. A number nearing 183 will be a red flag.
Econ Comments
Cato Institute | Will a VAT Turn America into a Greek-style Welfare State?
...because the VAT is hidden from consumers, politicians find they are an easy source of new revenue — which is one reason why the average VAT rate in Europe is now more than 20 percent!
Financial Post | Terence Corcoran: America’s corporate tax nightmare
High U.S. tax rates are distorting investment decisions.
Barron's | Getting a Tax Break
A large number of online brokers still don't give investors much choice on the accounting treatment of their stock sales.
Blogs
NRO: Exchequer | Tax Cuts and Wisconsin’s Deficit
How exactly do $137 million in tax cuts cause a $3.6 billion deficit in two years? I am dying to know.
Greg Mankiw | Tax Fact of the Day
"The U.S. effective corporate tax rate on new investment was 34.6 percent in 2010, which was the highest rate in the OECD and the fifth-highest rate among 83 countries…"
