Econ Comments & Analysis
Daily Caller | Why raising taxes on energy companies is an awful idea
The 2012 presidential campaign is heating up, and so is the debate around energy taxes. There may be little political cost to advocating for higher taxes on oil and gas producers, but slamming American energy companies with tax hikes is simply bad policy.
NBER | As Certain as Debt and Taxes: Estimating the Tax Sensitivity of Leverage from Exogenous State Tax Changes
We use a natural experiment in the form of staggered changes in corporate income tax rates across U.S. states and time to show that tax considerations are a first-order determinant of firms’ capital structure choices.
Blogs
Tax Foundation | Federal Tax Burden Under Clinton Higher on All, Not Just the Rich
Ezra Klein of the Washington Post’s Wonkblog posted a blog post this week titled “Democrats don’t want to go back to Clinton-era rates” which pointed out that middle income and low income taxpayers had a substantially higher burden under Clinton.
Tax Foundation | Tax Increase on High Earners Is Not the Solution
Sluggish growth continues, unemployment remains above 8 percent, the debt recently topped $16 trillion, and the president’s solution – to increase taxes on the “wealthiest” Americans – isn’t a solution at all.
