News
CNN Money | Beijing loses billions as rich skip taxes
China is failing to collect billions in taxes from some of its wealthiest citizens, hampering efforts to tackle a widening gap between rich and poor.
Econ Comments & Analysis
Real Clear Markets | If the Government Is Taxing You, It's Doing It the Wrong Way
Economists believe that the best taxes are those that do not change people's decision. These taxes are deemed efficient. Taxes which change decisions are generally not efficient because they distort markets away from the equilibrium of supply and demand.