Effective Marginal Tax Rates: A Growing Discussion
Did you notice how your paycheck shrank in January? The expiration of temporary payroll tax cuts boosted marginal tax rates about two percentage points for… Read More
Did you notice how your paycheck shrank in January? The expiration of temporary payroll tax cuts boosted marginal tax rates about two percentage points for… Read More
Too often, government policies designed to ameliorate a general problem merely benefit a special interest. A case in point, highlighted by Binyamin Applebaum on the… Read More
Menzie Chinn took to the blog Econbrowser last Thursday to accuse conservative economists in general – and The Heritage Foundation in particular – of being… Read More
Thousands of people are not starving to death in Michigan. This shocking development comes despite one of the worst harvests in memory. With little produce… Read More
On Friday, Representative Pete Sessions (R–TX) and House Speaker John Boehner (R–OH) ran afoul of Glenn Kessler’s “Fact Checker” blog regarding a study of President… Read More
According to Friday’s Washington Post, the Administration is considering a new, short-term tax cut. Should conservatives cheer? As a matter of principle, there are at… Read More
On Thursday, the Department of Commerce revised its second quarter estimate of economic growth (in terms of real gross domestic product, or GDP) down to… Read More
Francois Hollande won election to the French presidency by promising that more government spending would lead to quick economic growth. He sharply criticized the “austerity”—i.e.,… Read More
In a new Backgrounder, “How Contagious Is Europe’s Economic Crisis?”, we discuss several channels through which a European crisis could be transmitted to the U.S…. Read More
Wednesday’s warning by the Congressional Budget Office (CBO) that the fiscal cliff is likely to push the economy back into recession should bring things sharply… Read More