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Monday, June 4, 2012

Taxes

News                                                                                                                             
CNN Money | Estate tax increase: Forgotten fiscal cliff issue
The estate tax was here. Then it was gone. Now it's back. And it's about to become much bigger next year.
NY Times | A $1 Cigarette Tax Starts a $47 Million Brawl in California
California has some of the toughest antismoking laws in the country — it is illegal, in some places, to smoke in your own apartment — and boasts the second-lowest per capita smoking rate in the 50 states.
CNN Money | Eurozone unemployment at record high 11%
The 17-nation eurozone's unemployment rate reached the highest level since the creation of the common currency 13 years ago, climbing to 11% in April as employers slashed 110,000 jobs.

Econ Comments & Analysis                                                                                            
WSJ | How to Put a Waitress Out of Work
It's an election year, which means there's no shortage of legislative proposals that appeal to the heart rather than the head. A recent example is Sen. Tom Harkin's Rebuild America Act.

Blogs                                                                                                                             
CATO | More Sub-Par Employment Numbers
The Labor Department just released its monthly employment report and the White House is probably not happy.
WSJ | Vital Signs: Fewer Help-Wanted Ads
The number of help-wanted ads posted online fell in May. Total U.S. job vacancies on the Internet slipped by nearly 1% from April to 4.72 million, the Conference Board said.