News
Politico | Debate grows over carbon tax, despite long odds
A tax on carbon emissions may not be on anyone’s short list of legislation likely to emerge from the gridlocked Congress, but that’s not dampening the debate over the merits of the idea.
Bloomberg | Deal to Raise U.S. Revenue on Foreign Income Gets Closer
Lawmakers are starting to see the outlines of a bipartisan agreement on how to tax the income that U.S.-based corporations earn outside the country.
WSJ | Tax Stances Harden in Wake of Last Deal
To understand why Republicans and Democrats remain far apart in averting automatic across-the-board spending cuts set for Friday, look no further than their last deal.
Econ Comments & Analysis
Mercatus | Would Taxing Banks Really Make the Banking System Safer?
In the wake of the 2007–09 banking crisis, some economists recommended imposing new taxes on banks. These proponents contend that policy makers could apply the taxes to correct “negative externalities,” or adverse spillover effects onto overall welfare, allegedly created by individual banks.
