Daily Policy Digest
Tax and Spending Issues
| Department of the Interior: Proposing Spending Cuts The total net outlay for the Department of Interior totals $8 billion... |
| What's Wrong With the Buffett Rule By failing to treat equally corporate equity and corporate debt, a Buffet rule will further encourage companies to overleverage their positions... |
| Measuring Income Tax Evasion in the United States Taxpayers respond in a number of ways in order to avoid the burden of higher taxes, including working less, exploiting tax loopholes and illegal forms of tax evasion... |
| Even at 14 Percent, Romney Pays a Higher Rate than 97 Percent of His Fellow Americans Millionaires pay an average effective tax rate of 25 percent, while the average taxpayer who makes less than $100,000 pays an effective rate of 8 percent... |
| Maryland Announces Public-Private Partnership to Redevelop and Operate Travel Plazas Public-private partnership agreements produce benefits for all involved -- both the directly contracting entities and indirect parties such as state taxpayers... |
| Comparing the Compensation of Federal and Private-Sector Employees The federal government paid 16 percent more in total compensation than it would have if average compensation had been comparable with that in the private sector between 2005 and 2010... |
| Care for Aging Inmates Puts Strain on Prisons States spend on average $70,000 a year to incarcerate someone age 50 or older -- nearly three times what it costs to house a younger prisoner -- largely because of the difference in health care costs... |
| 2012 State Business Tax Climate Index Wyoming topped the state business tax rankings as the state with the best tax environment for corporations, followed by South Dakota... |
| City in Penalty Box over Team Finances In exchange for the ability to keep the Phoenix Coyotes hockey team, Glendale promised the National Hockey League it would absorb up to $25 million of the team's losses in both 2011 and 2012... |
| Some Possible Consequences of a U.S. Government Default Marc Joffe, a former employee of Moody's Analytics, projects that by 2040 the national debt will have reached more than 180 percent of gross domestic product... |
