News
Politico | Buffett rule serious or gimmick?
Although voters differ on whether raising taxes on wealthy Americans would help or hurt the economy, a slight majority believe the “Buffett rule” is “an election-year gimmick,” according to a Fox News poll.
Econ Comments & Analysis
NBER | Gasoline Taxes and Consumer Behavior
Gasoline taxes can be employed to correct externalities associated with automobile use, to reduce dependency on foreign oil, and to raise government revenue. Our understanding of the optimal gasoline tax and the efficacy of existing taxes is largely based on empirical analysis of consumer responses to gasoline price changes.
Blogs
Tax Foundation | States Without Income Taxes Rely on Varying Forms of Revenue
According to the latest U.S. Census Bureau data, state-level individual income taxes make up the largest share of total state government tax collections. In 2011, state governments brought in $259 billion through these taxes, approximately 34 percent of total collections. However, there are currently 9 states that do not tax wage income
Keith Hennessey | Government doesn’t give tax cuts, it takes more or less taxes
Wednesday the President spoke to a college crowd in favor of raising taxes on the rich to subsidize low interest rates on student loans. His comments provide an opportunity to explain the signficance of how one talks about taxes.