With the Biden Administration taking us to a $400,000 threshold for higher taxes, deciding who is rich has become a legislative debate.
The economists who think about paying taxes tell us that there are so many different reasons that people do and do not comply.
Looking at the Philadelphia sugary drinks tax, we would find it did not accomplish many of its goals in three major categories.
Among the least popular forms of taxation, property taxes are the most desirable because of their incentives, whom they target and their resilience.
Although protestors in Detroit and Ireland say water is a human right, economists, citing a definition of a public good and a tornado alarm, would disagree.
This week’s stories on everyday economics include productivity, externalities, tax revenue, monopolistic competition, international trade and economic forecasting.
Unpredictable human behavior for Colorado marijuana sales is but one example of why economic forecasting for tax revenue and GDP is inaccurate.
When are you willing to share what you have earned? College tuition? While the yearly sticker price for Duke, Harvard or Wellesley is close to $60,000, not everyone pays it. At Wellesley College, close to 40% of all students pay…