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.

Why SALT Might Not Be Good For Our (Financial) Health

In the Tax Cuts and Jobs Act, legislators eliminate deductions to offset lower tax rates. One target is SALT–state and local tax deductions.

Who Will Pay For Our Roads?

In President Obama’s State of the Union address last January, he referred to the problem of our crumbling transportation infrastructure. One solution is at the gas pump. When you filled your tank, you paid for fuel and probably also a…

How Much is $250,000?

Told that someone earns $250,000 a year, you should ask, “Where do you live?” According to CNN, you would need to earn $545,000 in Manhattan to spend what $250,000 will buy in Missoula, Montana. On this map, you can see…

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, he says that because we are a more affluent society,…