Econ Comments & Analysis
Forbes | The Tax Code: Make It Flat
If Republicans and pro-growth Democrats had their wits about them, they would push the flat tax.
Washington Times | Taxing Marylanders until they flee
Maryland, one of the bluest of blue states, is the poster child demonstrating that taxing the rich fails to balance the state budget. Yet Democrats, who have complete monopoly control on all branches of state government, continue to think that doing the same thing over and over will lead to a different result.
Blogs
WSJ | Manufacturers Blame Expiring Tax Breaks For Restrained Investment
More than a third of U.S. manufacturers say they’ll scale back investment plans this year because a pair of federal tax breaks expired at the end of 2013, according to a survey by the National Association of Manufacturers to be released Monday.
CATO | Tax Reform Error #1: Confusing Tax Expenditures with Revenues
House Ways and Means Chairman Dave Camp has released a complex 182-page “discussion draft” called The Tax Reform Act of 2014. Rather get bogged down in details, I will take this opportunity to review several fundamental errors that repeatedly plagued most past and present efforts to reform the federal income tax, including the Camp proposal.
CATO | Tax Reform Error #2: Phasing-in Lower Tax Rates
Since 1981, Republican legislators have shown a strong penchant for phasing-in tax rate reductions over several years. That tradition is maintained in Ways and Means Committee Chair Dave Camp’s proposed 979-page “simplification” of the U.S. tax system.
