Daily Policy Digest
Tax and Spending Issues
| States Moving Away From Taxes on Tangible Personal Property For businesses, the tangible personal properties tax is distortionary because it can disincentivize buying equipment or accumulating capital... |
| Simulating the Economic Effects of Romney's Tax Plan Mitt Romney's tax plan is a viable solution for an economy plagued with budget concerns and high unemployment rates... |
| Restoring a True Safety Net From 2008 to 2010, spending on welfare programs increased from $475 billion to $666 billion, a 40 percent increase after inflation... |
| A World without Income Taxes If the Federal Reserve increased the money supply by roughly 3.5 percent per year, the economy could have close to perpetual price stability... |
| Fiscal Policy Report Card on America's Governors: 2012 Just four state governors were awarded an "A" grade on the Cato Institute's 11th biennial fiscal report card on the governors... |
| Next Year's Tax Brackets If the Bush tax cuts expire, the tax rate for the lowest income bracket will be 15 percent and the rate for the highest income bracket will be 39.6 percent... |
| Who Should Bear the Burden of Tax Increases? The party that is responsible for remitting the tax revenue to the government has little to do with who bears the tax burden... |
| Tax Cuts, Spending Multipliers and Economic Growth An important factor to look at when discussing the economy is the multiplier on government spending and the supply side effects associated with marginal tax rate reductions... |
| Spain's Tax Take Tumbles as Companies Go Abroad Spain receives a smaller proportion of corporate income than personal income, with businesses paying 11.6 percent of total group profits in Spanish taxes compared with 12.4 percent for individuals... |
| Privatization and Competition in New York City Transit Stockholm's cost per kilometer for bus operations dropped 20 percent from 1991 to 1999 after privatizing its bus service, says E.S. Savas, a senior fellow with the National Center for Policy Analysis... |
