Joe Nye: The American Century Will Survive the Rise of China ---- Evening Must-Read: Michael Strain: How to Cut Taxes and Help the Poor Kenneth Thomas: Wikileaks Releases Trans-Pacific Partnership Investment Chapter Nick Bunker: Risk-Sharing...Show More Summary
On Friday I visited the University of Alberta in Edmonton, where falling oil prices have brought a record provincial budget deficit despite aggressive tax increases and spending cuts. Here I pass along some of what I learned about how the plunge in oil prices is affecting Alberta’s oil sands operations. A couple of factors have […]
Abbott offers clear hints the upcoming budget will feature SME tax cuts, better childcare deal.
Tomorrow’s tax discussion paper from the Abbott Government makes clear that something must give. There must be tax cuts:…
Obamacare may have helped millions of previously uninsured Americans get insurance, but it could also be stinging their pocketbooks come tax time if they made this critical mistake.
Must- and Should-Reads: Evening Must-Read: Michael Strain: [How to Cut Taxes and Help the Poor](http://equitablegrowth.org/?p=10116) Kenneth Thomas: [Wikileaks Releases Trans-Pacific Partnership Investment Chapter](http://www.middleclasspoliticaleconomist.com/2015/03/wikileaks-releases-trans-pacific.html)...Show More Summary
Royal Dutch Shell was planning further job cuts in its UK North Sea oil and gas business this year, the company said yesterday, just a week after a package of tax cuts from the Treasury aimed at encouraging growth in the industry. ||| Reuters...Show More Summary
The recent failure to adopt a flat oil production tax in North Dakota may have cost the state a minimum of a billion dollars. Initially shot down and sold as a tax cut to oil producers, the same oil price based system exists using triggers to decrease taxes. Oil producers benefit from a lower tax...
Jacqui Lambie’s latest brainwave, in a nutshell: Who’s been whispering in Lambie’s…
Treasury pushes cut to Aust’s high rate of company tax, saying it would boost foreign investment.
LONDON (Reuters) - Royal Dutch Shell is planning further job cuts in its UK North Sea oil and gas business in 2015, the company said on Thursday, just a week after a package of tax cuts from the Treasury aimed at encouraging growth in the industry. Show More Summary
Treasury says cut in company tax rate would attract investment but did raise problems.
Wednesday afternoon, the Paul Ryan–led House Ways and Means Committee plans to make a statement of solidarity with America's wealthy young socialites by voting on a bill to eliminate the estate tax. While mostly symbolic at this point,...Show More Summary
Discussions of the causes of income inequality typically focus on financial deregulation and tax cuts for the wealthy as key drivers of the trend. In a new paper, the International Monetary Fund broadens the debate by taking a closer look at the effect of declining union power.
Senator Bernie Sanders got all Democrats voting today to support a budget amendment that would fix our crumbling infrastructure by cutting absurd tax breaks for the wealthy. As Congress votes on the federal budget this week, the Senate nixed a measure on Tuesday by Sen. Show More Summary
Salim Furth: Researchers found that when governments announce that budget deficits will be closed by higher taxes consumer confidence falls, but when governments announce spending cuts to trim deficits consumer confidence may rise.
Federal budget will see broader tax cut plan amid small business package: report.
1. What is the relationship between the economics blogosphere and academic economics?, Alex on Quora. 2. There is no great glue stagnation. 3. For fiscal consolidations, tax boosts hurt consumer confidence but spending cuts are more positive (pdf). 4. The Chinese cement comparison. 5. Thais pay tribute to Mexican gangs.
Regeneron Pharmaceuticals is cutting back on perks for its top execs, eliminating freebies that covered car allowances, credit card fees, certain tax expenses and even the $18,500 golf membership for ceo Leonard Schleifer.
Pity poor Marco Rubio, the other young Republican senator with a fascinating story of his family escaping Cuba — legally, like good immigrants, not those moocher scumbags who don’t fill out all the paperwork — so their son could one day grow up to imagine being president of these United States of Jesus. Show More Summary