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…

Taxing Decisions

Some people believe that government spends more when it has an affluent population to pay for it.  In a recent NY Times column, David Leonhardt presents a slightly different perspective. Instead,…

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