Econ Comments & Analysis
WSJ | The Coolidge Lesson on Taxes and Spending
That's the intuitive reaction to the surge of spending and budgetary challenges in Washington today. It's hard to think of another Republican with the fortitude to push back against the outlays, to make government smaller, to lower taxes. And to show that such moves can yield prosperity.
Washington Post | Will higher taxes on the rich derail California’s economic comeback?
If there’s anyplace in the country where rising tax rates should choke off an economic recovery, it’s California. On top of the federal tax hikes that kicked in last month, the state has just raised income taxes on its wealthiest residents to the highest levels in the nation, a move that conservatives warn will drive millionaires and their companies to other states, taking jobs and growth with them.
AEI | The other tax increase on saving
The long-running battle over the 2001 and 2003 tax cuts has been resolved with the enactment of the American Taxpayer Relief Act of 2012, which allows some of the high-income rate cuts and related provisions to expire while permanently extending the remainder of the 2001 and 2003 tax cuts.
