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Wednesday, August 29, 2012

Taxes

Econ Comments & Analysis                                                                                            
Politico | End wind energy tax credit
First, an extension continues this unsettling policy trend in which citizens are asked to bear all the risks and gain none of the rewards.
CNN Money | A radical tax plan the left and right can agree on
The President, key conservatives, and even some of the nation's biggest corporations are leaning toward trading special breaks for lower rates.

Blogs                                                                                                                             
Keith Hennessey | Tax levels cheat sheet
There is a danger that measuring tax levels as shares of GDP will lead to casually concluding that “only one or two percentage points difference” is not a big deal. This would be a huge mistake.
Tax Foundation | Media Leaves Out Key Things in Covering Poll Showing Support for Taxing Rich
The survey did not ask respondents what they think the rich should pay, or what the rich pay now.
AEIdeas | Why a carbon tax is still a bad idea
Once again, the New York Times has published an article calling for a carbon tax, and not a little baby one either: This would be a carbon tax with teeth...