Rarely mentioned, the revenue generated by gasoline taxes in the U.S. and Europe has been affected by the coronavirus pandemic.
Last spring, a young Norwegian woman worth close to $1.25 billion was pulled to the side of the road in her Audi Q3. Because the authorities determined that her blood alcohol was three times the normal limit, this month, an…
In the Tax Cuts and Jobs Act, legislators eliminate deductions to offset lower tax rates. One target is SALT–state and local tax deductions.
Comparing Hillary Clinton’s, Bernie Sanders’s and Donald Trump’s individual income tax proposals with tax rate history we can judge their plans.
This week’s economic news summary included David Bowie’s financial innovation, China’s GDP cement problems, inequality contradictions and farm productivity.
While positional goods create inequality, a closer look reveals that the impact can be negative or positive.
Our everyday economics includes competition, progressive taxes, free trade, externalities, sunk cost, productivity, supply chain, incentives, & tradeoffs.
In Finland, for some traffic violations, the rich have higher fines than those with less because of day fines that are similar to progressive taxation.
A child prodigy, 19th century economist John Stuart Mill said in his Autobiography that, “I have no remembrance of the time when I began Greek; I have been told that it was when I was three years old. My earliest…