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Friday, August 12, 2011

Taxes

Econ Comments                                                                                                             
Washington Times | SENSENBRENNER: European tax on American travel
Climate-change levy is cover for EU money-grubbing.
WSJ | Tax Reform Is the Swiftest Path to Growth
In our search for growth, investment and jobs, tax reform is the best answer. The Treasury Department is set to offer thoughts for tax reform in the coming months. And the imminent expiration of the 2001 and 2003 tax cuts guarantees a big tax discussion.
Fox Business | A Quick Tax History: How Did We get Here?
It’s important to have a baseline from which to measure progress and understand comparatively where things stand, whether it is of a financial, physical or mental nature. And so is the case with our five million-plus word tax code. I’m inclined to call it: How the heck did we get here?

Blogs                                                                                                                             
Mercatus Center | Kansas Governor Rejects $13 Million in Future Taxes
Newer research by West Virginia University’s Russell Sobel and Charles Crowley takes this idea one step further. They find that even after the federal money goes away, state and local governments tend to increase their own taxes in order to maintain the same level of services.