The Senate hearings on Apple’s alleged manipulation of corporate tax laws have taken a rather unexpected turn. The usual political grandstanding even when it makes no logical sense has taken place, to wit John McCain’s comments: “Apple’s corporate tax strategy reflects a flawed corporate tax system that allows large multinational corporations to shift profits offshore [...]
The never ending debate about whether low marginal tax rates are good or evil rages on. Generally, I tend to get a bad case of glazed eyes whenever I delve into this morass, probably due to trying to discern the truth behind the statistical obfuscation employed by most who opine on the subject. A case [...]
Writing on the myth that tax increases on the rich are capable of solely solving our deficit issues, David Schuler raises one of those uncomfortable questions: If the class warriors were really serious, we’d be hearing more about taxing wealth (did you know that France has a wealth tax?) rather than taxing income. Funny how [...]
Since Rep. Paul Ryan is going to deliver the Republican response to President Obama’s State of the Union speech, Derek Thompson put up a nice post contrasting the differences between the visions of the two men. It’s a nice balanced analysis which is worth your time. The last paragraph, however, is a poignant example of [...]
Tim Geithner seemed to make it pretty clear today that the administration plans to let the Bush tax cuts for individuals making more than $200,000 and families earning more than $250,000 expire. Here is the rationale for increasing taxes: “We think that’s the responsible thing to do because we need to make sure we can [...]
Posted in 
Tags: 
