With New Jersey legalizing recreational marijuana, New York State is worried that it will get marijuana tax revenue from New York pot buyers.…
Why People Do and Don’t Pay Taxes
The economists who think about paying taxes tell us that there are so many different reasons that people do and do not comply.…
The Gasoline Taxes That Are Hit by Covid-19
Rarely mentioned, the revenue generated by gasoline taxes in the U.S. and Europe has been affected by the coronavirus pandemic.…
Six Facts That We Need to Know About the Federal Debt
Hearing about a multi-trillion dollar stimulus package, we should also know six handy facts about what will happen to the federal debt.…
What the Pandemic Will Do to Social Security
A looming Social Security shortfall could happen much sooner because of pandemic spending and its impact on the birth rate.…
Where a Universal Basic Income Was Successful
An idea that has been around for hundreds of years, the universal basic income has only recently become an experiment in Stockton, California.…
What Would John Maynard Keynes Have Said About Stimulus Spending?
To the Great Depression and the Great Recession, we can now add coronavirus stimulus spending as examples of John Maynard Keynes’s philosophy.…
Should We Be More Like Scandinavia?
Looking at Scandinavian taxes, we can see the tradeoffs that government provided healthcare, university tuition, parental leave, and elder care require.…
The Problem With Plastic Bag Bans
Because Chicago first had a single use plastic bag ban and then replaced it with a single use plastic bag fee, researchers can compare the impact.…
When It’s Tough to Calculate the Cost of An Internet Tax
After the Supreme Court said any state could charge internet taxes, the decision rippled across small, large, local, and remote businesses.…