Feed on
Posts
Comments

Category Archive for 'Taxation'

I’d  like my readers and students to briefly examine the economic literature to determine what the “consensus” is on these two questions. What is the economic incidence of the payroll tax and other “benefits” that are mandated to be paid by employers to employees? For example, the total payroll tax amount imposed by the government is 15.3%, […]

Read Full Post »

This result was surprising, sure to get lots of news coverage: It shows that despite a rise in measured capital-labor ratios, labor-augmenting technical change in the US has been sufficiently rapid that effective capital-labor ratios have actually fallen in the sectors and industries that account for the largest portion of the declining labor share in income since 1980 Paper […]

Read Full Post »

As a once-sensible economist I supported a “revenue neutral carbon tax” as one major prong of global warming strategy. The simple idea is that such a program would qualify as “No Regrets.” If CO2 turns out to be really bad, then the tax assures that we’ve properly considered those damages in our day to day […]

Read Full Post »

From Last Call: By 1910 the federal government was drawing more than $200 million per year from the bottle and the keg — 71 percent of all internal revenue and more than 30 percent of federal revenue overall. Only external revenue — the tariff – provided a larger share of the federal budget The federal government […]

Read Full Post »

My former professor from graduate school is coming to U of R tomorrow: Speaker to Address Carbon Emission Reduction “Robert Frank, the H.J. Louis Professor of Management and professor of economics at Cornell, will present “Reducing Carbon Emissions Will Be Easier Than Many People Think” at 5 p.m. Tuesday, April 7, in Morey Hall, Room […]

Read Full Post »

Just finished doing my taxes. Yay, that’s both enjoyable and an incredibly valuable use of my time. I spent only about three hours so far this year getting my paperwork together, shopping for low-priced software, asking for advice, filling out my taxes, making a couple of phone calls and adjusting my withholdings for next year […]

Read Full Post »

You might think the answer is easy, “Tax the owners of capital!” Of course, capital is highly mobile today, it will only be moreso in the future as better ways to identify and locate off-shore (or off-planet) will surely be discovered. You might say, “Tax the robots when they come in?” Remember your basic tax […]

Read Full Post »

Taxing the “Rich”

Since 2006, as my real income has fallen by 25%: I have paid about $45,000 in property taxes to our local communities and school districts I have paid over $50,000 in state income taxes I have paid over $110,000 in federal income taxes I have paid over (via not just my share, but the real incidence) $200,000 […]

Read Full Post »

Tax Riddle, or Not?

I have read dozens of times, and have even espoused the view myself, that the American electorate gets ill at the idea of the government directly taxing THEM. Sure, when taxes are proposed on “other people” like “the rich” the electorate does not seem to have a problem with it, but when we are talking […]

Read Full Post »

End Nonprofits

We read in the news recently that the Crimson Tide Foundation has paid off the rest of head football coach Nick Saban’s $3.1 million home. If there is ever “evidence” that the entire notion of an entity deserving “non-profit” status has gone off the rails, this is it. Presumably organizations are granted non-profit status because they […]

Read Full Post »

Older Posts »