Econ Comments & Analysis
Daily Caller | Yes, corporations are people
Corporations are composed of people. So are unions. So are universities. So are families. The belief that we can somehow “tax corporations” without “taxing people” is the fallacy at the heart of Romney’s exchange.
Washington Times | Ethanol’s hidden gasoline tax
With regular gasoline prices still averaging more than $3.50 a gallon nationwide, the last thing drivers need is car troubles. Yet a new scheme from Washington to boost the ethanol content of gasoline from 10 percent to 15 percent could gum up many motorists’ travel plans - literally as well as figuratively.
WSJ | Of Course 70% Tax Rates Are Counterproductive
President Obama and others are demanding that we raise taxes on the "rich," and two recent academic papers that have gotten a lot of attention claim to show that there will be no ill effects if we do.
Blogs
Library of Economics | Regulation Matters More than Taxes, According to Study
Small businesses care almost twice as much about licensing regulations as they do about tax rates when rating the business-friendliness of their state or local government.
Tax Foundation | Monday Map: State Income and Sales Tax Deductions
Today's Monday Map shows which states benefit from the federal income tax deduction for state taxes. Taxpayers can elect to deduct either state income or sales taxes, but not both; in most states, the income tax deduction is worth more.
