Posted by Alan Reynolds on August 5, 2010
By Alan Reynolds
A decade ago, amid much controversy, I persuaded the Australian government to cut the capital gains tax rate in half.
Stephen Kirchner, an economist from Australia’s leading think tank, the Center for Independent Studies, reviewed the results last November.
This a brief summary:
The introduction of capital gains tax discounts for individuals and funds as part of the 1999 Ralph [...]
Categories: Politics, Tax and Budget Policy |
Tags: capital gains tax, commonwealth, Government and Politics, reform, revenues, tax rates, Tax Reform |
No Comments »
Posted by Steve H. Hanke on June 16, 2010
By Steve H. Hanke
The New York Times editorialists are at it again. June 12th’s lead editorial, “The Latest Work Dodge: A Shutdown,” frets over the specter of the New York state government being shut down because Albany’s legislators can’t agree on a budget. Well, the Times must have breathed a collective sigh of relief late Monday (June 14th). That’s [...]
Categories: Budget, Politics, Tax and Budget Policy |
Tags: General, Government, growth, investment, Massachusetts, new york city, New York Times, property taxes, recession, revenues, San Francisco, state budget, tax rate, urban renewal, Wall Street Journal |
No Comments »
Posted by Chris Edwards on June 1, 2010
By Chris Edwards
The nation is facing a fiscal emergency. Debt is exploding and federal spending exceeds revenues by more than $1 trillion a year. To fix the problem, policymakers should pursue reforms on two paths.
First, policymakers should start identifying programs for termination, privatization, and devolution to the states. If a business conglomerate overexpanded and its spending ran [...]
Categories: Politics, Tax and Budget Policy |
Tags: downsize the federal government, federal spending, revenues, terminate programs |
No Comments »
Posted by Chris Edwards on June 1, 2010
By Chris Edwards
The nation is facing a fiscal emergency. Debt is exploding and federal spending exceeds revenues by more than $1 trillion a year. To fix the problem, policymakers should pursue reforms on two paths.
First, policymakers should start identifying programs for termination, privatization, and devolution to the states. If a business conglomerate overexpanded and its spending ran [...]
Categories: Politics, Tax and Budget Policy |
Tags: downsize the federal government, federal spending, revenues, terminate programs |
No Comments »