Some folks tend to look to France for guidance on what America should do. A recent example was provided by tax blogger Linda Beale who, cross posting at the Angry Bear economics blog, suggested in her post titled Bank Tax: France, Germany and UK, but where’s the USA? that America should have a bank tax similar to the one in France: On June [...]
Tags: Politics of Taxes · Tax Policy
This one’s from Taxgirl Kelly Phillps Erb: Last week, Vice President Joe Biden was in Milwaukee when he stopped in at Kopp’s Frozen Custard (not ice cream!) for a quick bite. After getting a cone, the vice president asked, “What do we owe ya?” The store manager replied, “Don’t worry, it’s on us. Lower our [...]
Tags: Politics · Politics of Taxes · Tax Humor
“There are lies, damned lies and statistics.” - Mark Twain – We recently reported the results of a CBPP study that showed that the gap between the wealth of the rich and the poor has greatly increased over the last 30 years. Here’s what we said in anticipation of the cynical exploitation of the study by the [...]
Tags: Politics · The Economy
From the Associated Press by way of Paul Caron: Hip-hop star Method Man pleaded guilty to a tax-evasion charge Monday, writing a check on the spot for the final $40,000 restitution payment after owing about $106,000. The former Wu-Tang Clan member was arrested Oct. 9 on charges he failed to pay state and personal income [...]
Tags: State Taxes · Tax Crimes
For a Fab Four-o-phile it’s nearly impossible to choose just ten of your favorite Beatle songs, but I’ll attempt it anyway: Hey Jude - Written by McCartney, probably the most popular Beatles’ song… and one of the longest. Eleanor Rigby - McCartney wrote this one. Amazingly trenchant lyrics for a 28 year old. Perhaps he knew a thing or [...]
Tags: Music
The teachings of John Maynard Keynes, the darling of the tax and spend left, are fast becoming passe in Britain reports Matthew Lynn of Bloomberg.com (emphasis mine): The U.K. has produced notable economists over the years, but John Maynard Keynes, the guru of government intervention, was one of truly global significance. So it may be fitting that the U.K. will [...]
Tags: News · The Economy
Harvard Economics Professor and blogger Greg Mankiw posted this chart published by the CBO: Related Posts: Yet Another Study Showing Rich Paying More than their Fair Share of Taxes Bookmark & Share:
Tags: Tax Policy · The Economy
