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Wednesday, January 11, 2012

Taxes

Econ Comments & Analysis                                                                                            
RCM | Rethinking the "Other" Payroll Tax
Congress returns for its next session later this month (despite rising popular demand to just stay away), with a long list of unfinished business items.
WSJ | Class Warfare and the Buffett Rule
Implementing a surtax on 'millionaires' would hurt just about everyone but the super rich like Warren Buffett.
Heritage Foundation | Financial Transactions Tax Would Hurt the Economy and Kill American Jobs
The Congressional Budget Office (CBO) warns that a tax on certain financial transactions could “diminish the importance of the United States as a major financial market” and that, in the short run, “imposing the transaction tax would probably reduce output and employment."