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conversableeconomist.com
| | larspsyll.wordpress.com
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| | Beneath the civic ideal of taxation as a collective, equitable endeavour lies an entrenched hypocrisy: the architecture of modern tax codes serves not the public good but the consolidation of private wealth. The progressivity of income tax is hollowed out at the uppermost tiers, where income is largely derived from capital -- taxed at preferential...
| | www.irishtimes.com
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| | While inheritance taxes might generate a lot of attention, on an annual basis, they don't contribute a significant amount to the exchequer. That's why some countries have abolished it
| | www.greshm.org
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| | I explained last month that tax revenue is meaningless. But that doesn't mean that taxes are all together useless. Taxation can have important positive (or negative) effects on the economy. It all depends on what we tax and how we tax it. And, as it turns out, money is always the wrong thing to tax. This must sound strange. Taxation is, after all, the taking of money. When I say we shouldn't tax money, I specifically mean that the amount of money taxed should not depend on the amount of money or other financial assets that someone owns.
| | www.clevelandfed.org
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| Regional Policy Reports are mid-length, economically focused essays that provide public policymakers and other stakeholders insightful analysis of policy issues that are important to the economic vitality of the region we serve.