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Tuesday, October 16, 2012

Taxes

Econ Comments & Analysis                                                                                            
WSJ | The Solyndra Memorial Tax Break
Perhaps you thought the Solyndra scandal amounted to a $535 million government loan that will never be repaid. No such luck. In the latest twist, Solyndra's investors could be rewarded for their failure, thanks to a tax benefit the Administration handed out in a bid to evade political accountability.
AEI | Obama's big tax increases on small business
It is quite a stretch for President Obama to argue that he wants to cut taxes for small businesses. In reality, he is proposing to increase taxes on small businesses by around $49 billion.

Blogs                                                                                                                             
Greg Mankiw | Optimal Tax Policy
"Taxing capital income at a permanently lower rate than labor income would result in higher average long-term prosperity, relative to an alternative that generated the same amount of tax revenue by permanently taxing capital and labor income at equal rates instead."
Tax Foundation | Chart of the Day
Millionaire Tax Returns Fluctuate Considerably Each Year