“Corona crisis – liquidity takes priority” By Prof. Dr. Michael Grömling, Dr. Martin Beznoska, and Dr. Markus Demary, courtesy of IW Koeln In China it became apparent how an epidemic can directly affect the production potential of an economy when large numbers of workers have to be quarantined. Through a variety of intermediate […]
Tag: tax
Say no to EU carbon border tax
“A European carbon border tax: much pain, little gain” By Ben McWilliams and Georg Zachmann, courtesy of the Bruegel Institute The European Green Deal has set a target of reducing European Union carbon emissions by about 40 per cent over the next ten years. Reaching this target is likely to involve a significant […]
How Charter Schools Could Lower Your Property Tax
By Janson Prieb, American Consumer Institute In Idaho, residents are concerned with rising property taxes, pushing legislators to consider freezing them all together. Meanwhile in Greenville, North Carolina residents are worried about reappraisals that are also raising property taxes. Yet, the solution to lower property taxes should be no mystery. With 30 percent […]
Washington Beyond the Headlines: Index Capital Gains to Inflation to Keep Economy Humming
By Andy Blom, TES Washington Editor The Democratic primary gets nastier, coronavirus panics the markets and Congress responds with partisan bickering…. Ho hum, another week of business as usual…except for free market policy people who are busy working on issues and ideas that affect America, and the world. Read on for this week’s […]
Regressive Soda & Sugar Taxes Should Fizzle Out
Janson Prieb and Aaron Morrison, American Consumer Institute There is currently a global campaign to reduce the consumption of soda and ensure that consumers have healthier alternatives. Philadelphia, for instance, is contributing to the campaign through a soda tax while across the pond, the U.K. has implemented a sugar tax. However, despite […]
Gig economy innovators face tough fight against California’s daft AB-5 law
“Uber and Postmates’ Important AB-5 Lawsuit Faces an Uphill Battle” By Trace Mitchell and Jennifer Huddleston, courtesy of the Mercatus Center January 1 did not just ring in a new year and a new decade, it also heralded the start of California’s new worker classification law: Assembly Bill 5 (AB-5). Signed last […]
Washington Beyond the Headlines: Tweak Tax Reform to Help Business
By Andy Blom, TES Washington Editor The once lazy southern city of Washington, DC is lazy once more. The Senate is out of session. The House is out of session. The President is out of town. The American people are breathing sighs of relief. And free market policy people just keep on working […]
UK taxpayers subsidizing lobbying industry, political campaigns
“Almost £40 million of taxpayers’ money paid for lobbying and political campaigning” Courtesy Taxpayers’ Alliance New analysis from the TaxPayers’ Alliance reveals how ministers, officials and quangocrats are wasting taxpayers’ cash funding organisations that lobby the government. From 2017-19, organisations that lobby for changes in public policy received at least £39,584,172. Taxpayer money […]
Exposure to good news increases tax compliance
“How biased news affect our willingness to pay taxes” Courtesy of IZA People’s willingness to pay taxes does not only depend on the fear of a tax audit or the amount of penalties for cheaters. Satisfaction with the actions and trustworthiness of the government is another crucial driver of tax compliance. Theoretical work […]
White House takes victory lap with economic report
By Erik Sass, TES Editor-in-Chief The United States is enjoying the longest period of economic growth in its history, now 127 months into the current economic expansion, with unemployment hovering around 3.5% and a GDP growth rate of 2.3% of 2019. The White House highlighted these gains – and the benefits […]
