Econ Comments & Analysis
WSJ | Why Lower Tax Rates Are Good for Everyone
Surveyed ahead of the October Federal Reserve meeting, Wall Street’s biggest banks expected the central bank to continue its bond buying efforts for at least one more year.
The American | Let’s Raise Taxes on the Middle Class
Serious base-broadening will require a net increase in the tax burden on the middle class, which benefits hugely from the biggest tax breaks.
WSJ | Backing Away From the Cliff
President Obama and GOP congressional leaders appear to be locked in a Mexican standoff over raising tax rates on the rich, especially after the president insisted in his press conference on Tuesday that he wouldn't sign any tax bill that extends the tax rates on the richest two percent.
CBO | Illustrative Examples of Effective Marginal Tax Rates Faced by Married and Single Taxpayers: Supplemental Material for Effective Marginal Tax Rates for Low- and Moderate-Income Workers
In this document, the Congressional Budget Office (CBO) illustrates effective marginal tax rates under the tax and transfer systems for hypothetical families consisting of a single parent with one child, a married taxpayer with two children, and a single taxpayer with no children.
