News
Daily Finance | Budget-Minded Moms Foot the Bill for Absurdly High Shoe Tax
Although the recession officially ended in 2009, it hasn't for Payless' core shoppers: moms with limited incomes and multiple children, Massey says. With more than 4,500 stores, the discount chain is the largest seller of children's footwear in the U.S.
Politico | Business tax negotiations get serious
Top Senate Democrats and Republicans have launched an effort to renew tens of billions of dollars in business tax breaks, which could send a signal to financial markets that the two parties can find some common ground ahead of the looming fiscal cliff facing Washington at year’s end.
Econ Comments & Analysis
Real Clear Markets | Choose Lower Taxes for Economic Recovery
Senate Finance Committee Chairman Max Baucus's tax reform speech on Monday to the Bipartisan Center, a Washington think tank, indicted the American tax system. Too bad the Montana Democrat didn't propose specific remedies.
City Journal | Flatten California!
I’ve had a lot of company of late. Firms, people, investments, and tax revenues are fleeing California, repelled by the most onerous antigrowth business environment in the United States. California’s after-tax rate of return for doing business lags so far behind other states’
Heritage Foundation | Delaying Obamacare Tax Increases Key Part of Stopping Taxmageddon
Taxmageddon, a one-year $494 billion tax increase, threatens to strike the economy on January 1, 2013, unless Congress and President Obama act to stop it soon.
