Because tax systems matter, we can look at tax evasion in the U.K., at IRS problems in the U.S., and at the OECD to see what works.
A Brief and Basic Primer On the Federal Debt
Knowing that the trillions spent on pandemic relief will accelerate the growth of the federal debt, we can ask where we will get money.
Where State Money Can Come From
Billions of dollars of pandemic rescue money was added to state revenue dollars that varied in size and source from place to place.
When a Beard Is Like a Window
Although beard and window taxation were in different countries for different reasons, both relate to Willie Sutton and where the money is.
What Can We Learn From Japan?
Looking back at the Japanese economy and ahead at the United States, we can ask if we will have similar fiscal and monetary results.
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…
The Economic Side of a License Plate
Long ago, someone figured out that we needed a license plate as an identifier. In New York State, between 1901 and 1909, drivers made their own from felt, leather, or metal. The first NYS plates had people’s initials: Once…
Apples, Oranges, and the Global Covid-19 Fiscal Response
Trying to compare the incomparable, we sometimes say it’s like apples and oranges because they are so different. It turns out that they aren’t that different but they’re not really similar either: The same is true for the Covid-19…
A Goldilocks Look at the U.S. Debt
How to decide if adding $4 trillion (or so) to the U.S. debt is too much, too little, or just right? We can start with ourselves and ask if $200,000 is a lot to borrow when you buy a home.…
How Present and Past Social Spending Could Connect
At more than $2 trillion, the cost of the March 2020 CARES (Coronavirus Aid, Relief, and Economic Security) Act was double what we spent on Social Security in 2019. As a pandemic relief package, CARES Act checks were directed toward…