Needed: Tax Rhetoric Reform
Click here for a printer-friendly version of this articleComprehensive tax reform is, along with meaningful health care reform and Social Security reform, one of the federal economic policy Holy...
View ArticleTax Code Progressivity
How progressive is the tax code? Greg Mankiw links to the following table from the Tax Foundation:The conclusion is that while America has a moderately high proportion of income held by the richest...
View ArticleHow to Think About Inequality
The issue of income inequality has never before been central to American politics. Though concern for the poor, disputes over welfare programs, and complaints about "the rich" have of course featured...
View ArticleFraming the Decision on Higher Tax Rates
There are three basic positions one can take on the question of whether Congress should increase tax rates on high income taxpayers:No to higher tax rates – higher tax rates will result in less work,...
View ArticleIf Taxes Must be Raised, Raise Average Tax Rates
In the debate on how best to resolve the so-called “fiscal cliff” of $600 billion of pending tax increases and spending cuts scheduled for January 1, 2013, President Obama is not only insisting on more...
View ArticleAdam Smith's Lessons for Our Current Budget Impasse
The time has come, the politicians say, to talk of many things, including taxes and accelerated economic growth. That is, if we can get a conversation going. Which won’t be easy. “No new taxes,” chants...
View ArticleDe Blasio and the GOP's Shared Goal
What do Mayor de Blasio and the Republican Party have in common? They both need to figure out how to address poverty and underemployment without targeting the rich. Oddly, this means that “progressive”...
View ArticleWhither The Bottom 90 Percent, Thomas Piketty?
While not quite inducing Beatlemania, French economist Thomas Piketty’s visit this week to America has inspired the Washington analog of teenage frenzy. On Tuesday, the inequality expert spoke here in...
View ArticleTaxing the Wealthy Even More Won’t Get Us Anywhere
Thomas Piketty, a professor at the Paris School of Economics, has achieved a major coup, to use a word from his native France: catapulting his 600-plus-page book on inequality into the public...
View ArticleHow the Top's Share of Income Changes with Comprehensive Measurements
Teaser: Few serious scholars believe that middle class and poor households have seen the income growth experienced by top earners in recent decades. Attempts to deny that the top has pulled away have,...
View ArticleIncome Inequality Is Good For The Poor
Teaser: A comparison of global data shows that developed countries with more income inequality have higher standards of living for the poor and middle class.This article originally appeared in the...
View ArticleWhy Breaking Up (the Tax Code) Is So Hard to Do
Teaser: Everyone wants tax reform. At least we pays lip service to the idea that the U.S. economy would be better off with lower rates, a simpler code, and fewer loopholes. Yet something everyone...
View ArticleThe Rich Pay More than Their Fair Share of Taxes
Teaser: It seems so long ago, but the central point of contention in the 2012 presidential race was over the question of whether the rich pay their fair share of taxes. As President Obama argued,...
View ArticleA Better Reason for a Flat Tax
Teaser: As long as regional price disparities exist and the U.S. maintains a progressive federal tax system, the principle of horizontal equity will be violated.Newly-released data from the Bureau of...
View Article