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Monday, November 19, 2012

Taxes

Econ Comments & Analysis                                                                                            
Washington Times | Carbon taxes won’t save the planet
Global-warming alarmists are hoping Hurricane Sandy and President Obama’s re-election will force panicky congressional Republicans into agreeing to a “carbon tax” in 2013. If you can do simple math, you can figure out that a carbon tax would have no effect other than an inflationary one.
National Journal | Higher Investment-Tax Rates Won't Slow Economic Recovery
Lawmakers may raise capital-gains and dividend taxes as part of a deficit deal. If so, they needn’t stress about the economic aftershocks.
AEI | Should the top marginal income tax rate be 73 percent?
When they won the 2011 Nobel Prize in economics for their research on the causes and effects of government policy on the macroeconomy, Thomas Sargent and Christopher Sims were given a unique opportunity to connect their academic work to actual government action.

Blogs                                                                                                                             
FOX Business | Fiscal Cliff: Why Raising Taxes Isn't the Solution
In the debate over taxes and the fiscal cliff, all the talk is pretty high level stuff. We talk about tax rates, tax brackets, but not dollars and cents. Today, I’m going to talk about dollars and cents, and if you have a weak stomach, well, you might want to sit down.