Econ Comments & Analysis
Market Watch | Big banks gang up to squash tiny tax
America’s too-big-to-fail banks are freaking out over one Republican lawmaker proposing a tiny tax that would likely never get past their massive lobbyist force, anyway.
Investors | Tax Reform Should Begin With Eliminating Corporate Taxes
My daydream is to lock all members of Congress and the president in a classroom with a big whiteboard and not let them out until they can pass a basic test in public finance. The first thing I'd teach them about is tax incidence — who really bears the burden of a tax.
CRS | The Mortgage Interest and Property Tax Deductions: Analysis and Options
Concern has increased over the size and sustainability of the United States' recent budget deficits and the country's long-run budget outlook. This concern has brought the issues of the government's revenue needs and fundamental tax reform to the forefront of congressional debates.