Econ Comments & Analysis
Heritage Foundation | A Carbon Tax Would Harm U.S. Competitiveness and Low-Income Americans Without Helping the Environment
...a carbon tax would (1) do next to nothing to lower global temperature, (2) harm American manufacturing competitiveness, (3) create a new revenue stream based on behavior modification, and (4) harm low-income Americans.
Blogs
AEIdeas | Why Democrats think taxes will need to rise by more than 50%
Tax revenue, historically, runs around 18% of GDP. To run deficits of 2% of GDP would require a 56% increase in the nation’s tax burden.
Tax Foundation | Sweden's Corporate Rate is 13 Points Lower than Ours, and Going Lower
In addition to the already planned corporate tax cut from 26.3% to 25.3% due to take effect from January 1, 2013, the ruling centre-right coalition is said to be planning a decrease in the corporate tax rate further down to 24%, according to national newspaper Svenska Dagbladet.
