Econ Comments & Analysis
WSJ | Time to Call the President's Budget Bluff
Flush with the adrenaline rush of his election victory, President Obama insists that Congress must now agree not only to raise taxes on the "rich," but also to adopt his previously ignored full budget.
Real Clear Markets | Cut Tax Rates, Boost Tax Revenues
With the Republicans putting forward their own plan to avoid the fiscal cliff on Monday, Americans can easily become confused by debate language about taxes and revenues that is often arcane.
Forbes | Why President Obama's Tax Hike Will Hurt the 98%
President Barack Obama’s campaign to raise tax rates on the top 2% will cause far more economic pain to the 98% than to the truly rich.
Blogs
National Review | Raising Taxes on Everyone
I was on Up with Chris Hayes yesterday morning to talk about the fiscal cliff and the states’ budget crisis. I have to say, I really enjoyed the show. I thought Chris Hayes was a really thoughtful host, and the format of his show allows for real conversations between people who do not agree on everything (or even on most things).
AEI | Why cranking up taxes on capital gains and dividends is a real clunker of an idea
Although much of the fiscal cliff focus has been on the top marginal tax rates on labor income, the proposed rate hikes on capital income are probably far more injurious and take the tax code in completely the wrong direction.
