News
Bloomberg | Sweden Warns U.S. Against Targeting Welfare With Tax Deficit
The U.S. will never be able to afford the kind of welfare benefits enjoyed by Europeans unless it raises taxes, Swedish Prime Minister Fredrik Reinfeldt said.
WSJ | In Senate, New Push on Taxes
If House Republicans' aim this week was to draw contrasts with Democrats on deficit-cutting, they got their wish sooner than they expected.
CNBC | Governors Push Bigger Reliance on Sales Taxes
Republican governors are moving aggressively to cut personal and corporate income taxes, including proposals that would increase reliance on state sales taxes, setting up ambitious experiments in tax reform that could shape what is possible on a national level.
Econ Comments & Analysis
NBER | Carbon Taxes, Path Dependency and Directed Technical Change: Evidence from the Auto Industry
We construct new firm-level panel data on auto industry innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 countries over several decades.
CBO | Refundable Tax Credits
The U.S. tax code contains many preferences that lower or eliminate the amount of taxes owed. Those preferences include deductions, exclusions, and tax credits, which can be either refundable or nonrefundable.
