News
Bloomberg | Higher Taxes Won’t Discourage Wealthy From Working Harder
That’s the view of economists Emmanuel Saez and Thomas Picketty: They argue higher taxes will not discourage the wealthy from working harder or slow the economy, unlike in Ayn Rand’s 1957 novel, “Atlas Shrugged.” Its hero, John Galt, led a strike by industrialists and others against the government, partly because they thought they were too highly taxed.
Blogs
CATO | Corporate Tax Laffer Curve
The Sunday New York Times described Apple’s successful efforts to reduce its U.S. and California corporate tax burdens. The article hints that the situation is a moral outrage, and it includes sob stories of governments that are supposedly hurting because they don’t raise enough tax revenues from businesses.
FOX Business | NY Times Gets Apple's Effective Tax Rate Wrong
The New York Times reported on Saturday that Apple lowers its tax bill with various tax moves that involve using offices in lower tax regimes.
