Posts Tagged 'tax'

ANDREW MCGILL – Why People Vote for Counterproductive Policies

Governing is often a cause-and-effect business. Give workers a tax break on retirement accounts? More people save for life after the working world. Offer a rebate for old cars? Drivers scrap their gas-guzzling Explorers in favor of sensible Corollas, and average fuel efficiency goes up.

It’s easy to sell something to voters when the costs and benefits are immediately obvious. But that’s not how most policies work. Many look downright terrible in the beginning—what, ...

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JOSEPH E. STIGLITZ AND MARK PIETH – THE REAL SCANDAL BEHIND THE PANAMA PAPERS

I’ll confess that my jaw dropped when I looked beyond the headlines about the Panama Papers last spring and began to read the fine print. “Panama Papers” is shorthand for the widely publicized report of the International Consortium of Investigative Journalists, originally published on April 3, 2016. The story broke simultaneously on the I.C.I.J. Web site and in newspapers around the world and detailed what had been going on behind a cloak of secrecy. An enormous leak of 11.5 ...

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Report: why we need to tax corporations now, more than ever

Last year we published a document entitled Ten Reasons to Defend the Corporate Income Tax, outlining how the tax is under constant attack, in country after country, and explaining why it is one of the most precious of all taxes. Now there’s another fascinating paper, rich in insight and detail, from US economist Kimberly Clausing, entitled “Strengthening the Indispensible U.S. Corporate Tax.

While US-focused, it contains a lot of material that provides extensive further support for ...

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