Pages

Friday, June 28, 2013

Taxes

News                                                                                                                             
Politico | Tax lobbyists spring into action
The proposal by Senate Finance Committee leaders to move on a foundation for tax reform with a “blank slate” — leaving thousands of provisions on the chopping block — will spark a furious lobbying spree that’s bound to exhaust both K Street and Capitol Hill.
CNN Money | The business traveler tax threat
Ever travel to New York for work, even for a day? How about to any other state? Whenever you do, you're entering into another universe that may require you to pay tax on the income you earn while you're there.

Econ Comments & Analysis                                                                                            
CRS | Tax Provisions Expiring in 2013 ("Tax Extenders")
Dozens of temporary tax provisions are scheduled to expire at the end of 2013 under current law. Most of the provisions set to expire in 2013 have been part of past temporary tax extension legislation.
AEI | Rethinking tax breaks for homeowners
According to the Congressional Budget Office, the effective tax rate on owner-occupied housing is negative, while the effective tax rate on rental housing is around 18 percent.

Blogs                                                                                                                             
Economist | An unexploited resource
Ask an economist about which are the most efficient kinds of taxes, and property taxes will be high up on the list. They distort behaviour less, and are more growth friendly, than taxes on income, employment or even consumption.