With regard to tax expenditures, I think it is important that the legislature review and reconsider the many tax expenditures it has imposed on local governments. Millions of local tax …
Continue reading “Tax Expenditures Imposed on Local Governments”
Many citizens would welcome lower taxes, but most also question the effectiveness of special tax breaks for particular groups or industries. Special tax breaks tend to encourage crony capitalism by placing the government in the position of picking winners and losers in the economy. Fortunately, we have recently started to make some progress towards bringing special interest tax breaks under better control.
Interesting study – see the original document (quick read, 8 pages, simple-to-understand, good graphics) at: http://www.pewtrusts.org/uploadedFiles/wwwpewtrustsorg/Fact_Sheets/Economic_Policy/drivers_federal_debt_since_2001.pdf How’d the national debt get so huge? In 2001, the Congressional Budget Office forecast …
Continue reading “Off Topic – How’d the national debt get so huge?”
I left David Chase and Jim Sloman know that I liked this article on pro-growth economic policies and asked for their comments and they had the exchange reproduced below. As …
Continue reading “An exchange about policy on economic growth”
While Mass. has been more responsible than the poster children of state irresponsibility Michael Gerson’s column is worth noting. http://www.washingtonpost.com/wp-dyn/content/article/2010/11/11/AR2010111106084.html?wpisrc=nl_pmopinions
There’s been a bit of press about the drive to repeal the sales tax on alcohol. Personally, I’m not crazy about paying an extra $1.25 on a case of Harpoon …
Continue reading “Sales tax on alcohol – other taxes, and other consumer savings”
