Econ Comments & Analysis
Politico | Congress turns to tax reform
Updating the federal tax code could be the next area in which the Democratic Senate can find common ground with the Republican House, according to Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.).
Fortune | Corporate tax giveaways are not worth the trouble
Tax incentives in exchange for corporate commitments have now become the norm, and they are only growing more costly. But they rarely do what they promise.
AEI | Distributional effects of a carbon tax in broader US fiscal reform
This paper analyzes the distributional implications of an illustrative $15 carbon tax imposed in 2010 on carbon in fossil fuels. We analyze its incidence across income classes and regions, both in isolation and when combined with measures that apply the carbon tax revenue to lowering other distortionary taxes in the economy.
