News
Politico | Ambitious governors dominate tax debate
From Louisiana to New York, and Wisconsin to Massachusetts, some of the nation’s most prominent governors in both parties — more than a few of whom have grander aspirations — are using their megaphones to propose bold state tax initiatives.
WSJ | Financial-Transaction Tax Advances in EU
The European Union gave the green light for 11 countries that account for two-thirds of the bloc's economy to impose a small tax on trades in stocks, bonds and derivatives.
Econ Comments & Analysis
Mercatus | Taxing the Rich to Pay for Big Business Tax Credits
While much ado was made about taxing the rich, scant attention has been paid to other provisions in the fiscal cliff bill, namely large tax credits filling the pockets of big businesses and energy projects.
Blogs
CATO | California’s One-Man Laffer Curve
I’ve already condemned the foolish people of California for approving a referendum to raise the state’s top tax rate to 13.3 percent. This impulsive and misguided exercise in class warfare surely will backfire as more and more productive people flee to other states – particularly those that don’t impose any state income tax.
NY Times | When Tax Cuts Were a Tough Sell
Those who don’t know the history probably assume that the tax cut was a slam-dunk for Kennedy, something that was overwhelmingly popular. In fact, a big tax cut was highly controversial because at that time Republicans actually cared about the deficit and recognized that tax cuts would increase it.
