Econ Comments & Analysis
WSJ | Taxpayer Deluge
Apres Hurricane Sandy's floods comes . . . more trouble for the National Flood Insurance Program. The government-backed operation needed a taxpayer bailout after Hurricane Katrina hit the Big Easy in 2005 and will likely need more help after this week's devastation in New Jersey and elsewhere.
Forbes | Silicon Valley Employers Go Wild With Lavish Employee Benefits
Say “employee benefits” and pensions and health care will jump to most people’s minds. Maybe life and disability insurance will pop up as well. But employers in Silicon Valley are going way beyond that.
Blogs
Tax Foundation | California Study: Tax Millionaires, They’ll Just Grin and Bear It
Using data from the 2005 millionaire tax hike in California, sociologists Varner and Young find that top income tax rates have little to do with millionaire migration, and that in general, the overall economy is the main driver of high income earners’ movement.
