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Monday, June 16, 2014

Taxes

Econ Comments & Analysis                                                                                            
Real Clear Markets | Politicians Prefer Taxes That Are Invisible
Most business regulations add to the costs of doing business, raising prices to customers who must ultimately pay the costs. Regulators have theoretically determined that citizens benefit from the regulation by an amount greater than the costs imposed. However, a new type of regulation is increasingly being pushed by politicians, one with benefits meant for a small, targeted group.

Blogs                                                                                                                             
Market Watch | Medtronic, big health companies look to dodge U.S. taxes
Yet another large American medical company apparently is looking to buy a foreign rival and move its headquarters overseas to take advantage of lower taxes. And the losers would be the Treasury, American workers and the U.S. economy.
WSJ | OECD Urges Broad Tax Reform In U.S.
The U.S. should reform its tax code with “a degree of urgency” to overcome challenges to long-term economic growth, including an aging population and rising household inequality, the Organization for Economic Cooperation and Development said in a report Friday.