Econ Comments & Analysis
Washington Times | How soon they forget
At what point would you consider leaving the U.S.? If you were taxed 98 percent of your income, or 75 percent as the new French president wants to do, or merely 50 percent-plus which is what many Californians will be paying if Gov. Jerry Brown gets his proposed tax increase and President Obama succeeds in getting his proposed tax increase?
Blogs
Library of Economics | The Top 0.1 Percent Responds to Incentives
The phrase "corporate executives" clearly suggests CEOs and other top executives of publicly-traded corporations. Unfortunately, the paper Krugman refers to ("Jobs and Income Growth of Top Earners and the causes of Changing Income Inequality") shows that corporate executives account for a small and declining share of the income reported by the top 0.1%.
Heritage Foundation | Five Good Reasons to Prevent Taxmageddon
On January 1, 2013, the American people will be hit with the biggest tax hike in history. It’s known as “Taxmageddon,” and it will bring $494 billion in higher taxes resulting from tax policies expiring in seven different categories, on top of new Obamacare tax hikes taking effect.
Greg Mankiw | Faulty Memories
Reasonable people can disagree about the virtues of raising the top tax rate. But it is important to separate valid arguments from political spin based on a faulty recollection of history.
