Econ Comments
RCM | Voters Beware Carbon Tax Seductions
I have concluded, however, that the chances of seeing a properly valued, revenue-neutral carbon tax are about as likely as the chances of seeing a unicorn-powered spaceship. Instead, I'm now convinced that the idea would cause nothing but misery.
Bloomberg | Tax Code Has Upside-Down Rewards for Good Behavior: Peter Orszag
As the supercommittee created by Congress to cut $1.5 trillion from the federal deficit over the coming decade begins its work, one thing that is said to be on the agenda is tax reform.
Blogs
EconLog | Warren Buffett--or Howard Buffett?
If you look at the expected values, you'll conclude that a higher tax rate will push some otherwise "sensible" investments below the threshold. Is Buffett really saying that he and his investor colleagues don't do those calculations?
