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Thursday, February 12, 2015

Taxes

News                                                                                                                             
Market Watch | Individual tax receipts hint at higher wages
The federal government’s receipts of individual income taxes and payroll taxes are running ahead of where they were a year ago, the Treasury Department said Wednesday in its monthly budget statement.

Econ Comments & Analysis                                                                                            
Wall Street Journal | Tax-Subsidy Programs Fuel Budget Deficits
Michigan’s corporate-tax incentives helped jump-start the state’s lagging economy, officials say, but now those same curative measures are hurting the state’s budget.