News
WSJ | Payroll-Tax-Cut Extension Gets Bipartisan Backing
Lawmakers came to quick agreement Wednesday that Congress should extend a payroll-tax break for the remainder of the year, but Democrats cautioned that disagreements over how to offset the cost could still derail the consensus.
CNN Money | Payroll tax holiday running down
Despite bipartisan support on Capitol Hill for extending a temporary payroll tax cut for the rest of 2012, lawmakers have yet to close the deal.
Econ Comments & Analysis
Bloomberg | Lowering Taxes on the Rich Can Raise Revenue: Amity Shlaes
Tax the rich. Forever. And not just in election years. The general assumption is that rate increases will be the new norm. The main reason for this is said to be democracy itself.
AEI | Britain's high green taxes
In 1994, the Major government implemented the first ‘environmental tax’ on airline travel.Tariffs are likely to increase in the near future, to increase government revenue and deter increases in greenhouse gas emissions.
Blogs
Tax Foundation | Rhode Island Governor Proposes Tax Hikes on Sales, Tobacco, Lodging, Vehicle License Fees, Kitchen Sink
Gov. Chafee (I) of Rhode Island proposed a budget yesterday that would cobble together $92 million from arbitrary places, with an effort to increase spending on education.
