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Tuesday, June 28, 2011

Taxes

News                                                                                                                             
WSJ | Negotiators Wrangle on Taxes
In Private Meeting, White House Pushes for Changes in Deductions, Subsidies.
MarketWatch | Is your child a tax cheat?
Did you know that all Americans have to report their worldwide income on their tax returns? Even children.

Econ Comments                                                                                                             
Washington Times | RAHN: Tax increase con men
‘Revenue’ boost plan depends on assuming away growth.
Daily Caller | Why Ohio should lower its investment tax
Not all taxes are alike: some have little impact on the economy while others can be quite disruptive and hamper growth and investment. Capital gains taxes fall in the latter category.