U.S. tax collectors need more money. No, they are not referring to corporate tax avoidance. Our tax collection agency– the IRS–needs more budget money so that it can properly do its job. Because of years of flat or declining allocations…
The Corporate Tax Rates That Are Not What They Appear To Be
Right now, the U.S. corporate tax rate is close to the world average: But, if other OECD (Organization for Economic Cooperation and Development) countries agree with Janet Yellen, we could wind up with a global minimum corporate tax for…
Where and Why We Moved During 2020
We seem to be moving less: Let’s see where and why. Interstate Migration Where? U-Haul publishes an annual report of its top destinations. Comparing the net gain of the one-way trucks that enter to those that leave, they rank the…
How to Pay For a $1.9 Trillion Package
Through massive pandemic aid, the 2020 CARES Act ballooned the federal deficit. With spending far exceeding revenue, the difference was $2.8 trillion: Now, President-elect Biden has proposed a new $1.9 trillion relief package. It includes payments to Americans who…
Where Gasoline Is Most and Least Affordable
When we look at where the world’s gasoline prices are high and low, we could be surprised with their affordability.
Six Facts: Getting to Know the Superrich
These six facts about the superrich reveal where they make their money, whether they keep it, and how it should not be taxed.
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.