Note: this post is far afield of my usual discussions. That might be good for “the economy” (as defined by what’s good for bankers), but if true, it seems bad for you and me. The well-off pay a 17%-ish percent maginal tax rate...
B’Man: Another in the series of emails I received from CAF’s (Campaign for America’s Future) Making Sense 2008. John McCain and many other conservatives say they would solve our current economic problems by expanding George...
Various anthropological studies have found that the incidence of extra-marital sex has remained at a stable level. Game theory studies have suggested that it has been the case. It is just rational for some individuals to "free...
A progressive tax system and strong governmental fiscal capacity are needed to secure a more equal and inclusive society. Wages and investment income are very unequally distributed, but the tax and income transfer system...
I generally like the work that Factcheck.org does, and am perfectly willing to believe that McCain's claim that Obama has voted "for higher taxes" 94 times is exaggerated. However, some of their rationale leaves me flat:...
Professor Jim Flynn, Emeritus Professor of Political Studies at the University of Otago, will present a public lecture "Progressive taxation in New Zealand" on Friday 11 July 2008, at Connolly Hall, Guilford Terrace, Thorndon,...
A visitor to a Minnesota farm noticed a hog limping around on a makeshift leg fashioned from a broken broomstick. When he asked the farmer about it, the farmer replied: 'Let me tell you about that hog. "I was out plowing the...
A reader writes: Almost every advocate of the flat tax (correct me if this doesn't include you) is actually proposing a progressive tax with two brackets. These are a 0% bracket for all income below a minimum threshold (which...
Building on Bob's report about the San Francisco Clean Energy Act, the California Air Resources Board has released its draft blueprint designed to fall in line with the mandate of AB 32, the Global Warming Solutions Act, by...
DISTRICTS, municipalities and town councils are in the process of passing their budgets. The most striking feature is that 95% of all the budgets will be financed by the Government. Local revenue contributes little to the...