News
WSJ | Spain Unveils Sweeping Cuts on Income, Corporate Taxes
Spanish leaders who broke their no-new-taxes pledge after taking office 2½ years ago announced sweeping tax cuts on Friday, saying it was time to compensate a recession-battered populace for its sacrifices and boost a nascent recovery.
Econ Comments & Analysis
Daily Signal | Hiking the Federal Gas Tax Is a Mistake. Here’s Why.
Much clamoring for more federal transportation spending, and fuel tax hikes to pay for it, has come out of Washington recently. The Highway Trust Fund faces a $15 billion gap in 2015 between projected spending and the money it will collect in fuel taxes and fees.