Tax Math Reality

from John Cochrane in his excellent blog, The Grumpy Economist, Why Not Taxes? America in fact already has a more progressive tax system than pretty much any other country. Making it more progressive would increase economic distortions dramatically. A key principle...

Making Tax Deductions Compete

The editors of the Wall Street Journal wrote Romney’s Tax Deduction Cap- An idea to finance reform and avoid political trench warfare. 10/19/12 Excerpts: The historic challenge for tax reformers is defeating the most powerful lobbies in Washington that exist to...