by Henry Oliner | Feb 18, 2019 | Economics, Politics, Progressivism, Taxes
Richard Rubin’s essay in the Wall Street Journal, The Next Tax Revolution (print edition), Democrats Take Aim at the Reagan Revolution (online) is a tidy summary of our history of the income tax. Understanding the income tax and its impact requires distinguishing the...
by Henry Oliner | Jan 23, 2019 | Business, Taxes
Local governments balance property taxes with sales taxes to reach its revenue objectives. Sales taxes are considered regressive since the poor consume a higher proportion of their income and thus pay a high portion of their income on sales taxes. States try to...
by Henry Oliner | Apr 13, 2016 | Politics, Progressivism
In National Review, What the Panama Papers Actually Show by Michael Tanner We see something similar, if less dramatic, in the United States. There is a reason why five of the ten counties with the highest median incomes in America are suburbs of Washington, D.C. This...
by Henry Oliner | Oct 21, 2015 | Politics, Progressivism
From National Review and Michael Tanner, The Democrats’ Class Warfare excerpt And now we have a new study from the Brookings Institution. Yes, the liberal Brookings Institution. Authored by former Obama economic adviser Peter Orszag and others, the study concludes...
by Henry Oliner | Apr 24, 2014 | Economics
From Stephen Moore at Investor’s Business Daily, The Left’s Advice Would Bring A Second Great Depression: One oddity of the current economic debate is that the more Barack Obama’s incompetent income-redistribution policies have failed, the more the...
