Joe Biden says that corporations aren’t paying their fair share of taxes. He also says his plan to raise corporate taxes won’t harm anyone who makes less than $400,000 a year. Virtually all economists know these statements are false. Yet, John Goodman thinks there has ever been a time in recent history when there has been such a large gap between what economists know and what politicians say. More.
We need to remove the most unfair, most anti-work, most anti-saving provisions of the tax code – ones that burden the middle-class. These include a social Security earnings penalty that can push senior workers into a 95% marginal tax rate, a tax on nonsocial security income that even hits tax-exempt bonds, and unfair restrictions on part-time workers and the self-employed. More.
The Federal Reserve System is paying banks not to lend money under an Obama … Read More
The Fiscal Analyzer (TFA) is a detailed life-cycle consumption-smoothing program that projects income, taxes and … Read More
This article first appeared in Forbes HERE. Many view the 2017 Republican tax reform … Read More
Abstract: The Tax Cut and Jobs Act of 2017 (TCJA) represents the most significant change … Read More
(Dallas, TX) As we start to see the positive impacts of the most recent tax … Read More
(Dallas, TX) A new study by economists who were the source of key ideas in … Read More