Econ Comments & Analysis
CRS | Tax Gap, Tax Compliance, and Proposed Legislation in the 112th Congress
Recent and projected large federal budget deficits and the need for revenue offsets under the Pay-As-You-Go Act (PAYGO) have generated congressional interest in the feasibility of increasing revenue by reducing the tax gap.
Blogs
CATO | Just as ‘Fair Trade’ Means Protectionism for the Benefit of Special Interests, ‘Fair Tax Competition’ Means Tax Harmonization for the Benefit of Politicians
Very few people are willing to admit that they favor protectionism. After all, who wants to embrace a policy associated with the Great Depression?
Market Watch | Democrats paint target on wealthy over capital gains
Democrats are putting wealthy investors on notice that they won’t get a break on capital gains taxes if President Barack Obama’s party has its say.
CATO | U.S. Corporate Tax Rate Is Double the Average
Cato has released a new study by scholars Duanjie Chen and Jack Mintz on corporate effective tax rates in 2012 for 90 countries. The study provides estimates of marginal effective tax rates, which are an important driver of real investment flows.
