A Progressive Tax: Beer Economics

Artisanal beer makers are asking for a tax break. Because typical craft brewers produce fewer than 15,000 barrels a year, they already have a lower tax rate than the larger firms. Currently, US beer b…

More Soda Wars

If you lived in Richmond, California, would you vote yes or no for their proposed soda tax? The tax is unusual because it does not charge people at the register. Instead, retailers would have to pay a…

How Much is $250,000?

Told that someone earns $250,000 a year, you should ask, “Where do you live?” According to CNN, you would need to earn $545,000 in Manhattan to spend what $250,000 will buy in Missoula, Mo…

A VAT For Pretzels?

The Senate just said “No” to a VAT. Disagreeing, Paul Volcker sort of said “Yes” when he observed that a VAT is “not as toxic an idea” as we once believed. Sud…

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