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Tuesday, June 3, 2014

Taxes

News                                                                                                                             
WSJ | Japan Clears Way for Corporate Tax Cut
Japan's ruling party on Tuesday cleared the way for a corporate tax cut to take effect next year, pushing forward a plan that Prime Minister Shinzo Abe hopes will revive investment and keep production at home.

Econ Comments & Analysis                                                                                            
Real Clear Markets | Is California a State Defined by Delusion?
In mid-May, speaking at a California Chamber of Commerce event, California Governor Jerry Brown made two statements that best encapsulate the feelings of Sacramento's elected leadership: "California is definitely back," Brown exclaimed followed by "this is a job creation engine."
Slate | Why Doesn’t Obama End the Hedge Fund Tax Break?
The Obama administration could disable one of the most powerful sources of wealth and income inequality in our country. Yet no one ever mentions it as a possibility. Don’t they know?