Econ Comments & Analysis
E21 | Why Breaking Up (the Tax Code) Is So Hard to Do
Everyone wants tax reform. At least we pay lip service to the idea that the U.S. economy would be better off with lower rates, a simpler code, and fewer loopholes. Yet something everyone claims to support has proved elusive time and again. Why?
Forbes | Tax Avoidance And Tax Evasion Are To The Benefit Of Us All
Admittedly, it is possible to take a different view on this matter, but there’s a good and entirely reasonable argument that tax avoidance and tax evasion work to the benefit of us all. The crucial point is really how one views the activities of government.
The Daily Signal | It’s Never a Good Time for a Carbon Tax
Larry Summers, former treasury secretary and economic advisor to the Obama administration, says low oil prices offer a ripe opportunity to impose a carbon tax. Writing in the Washington Post, Summers argues that conservatives “who believe in the power of markets should favor carbon taxes on market principles.”