I’m planning on writing about taxes and inequality, since they are very much in the public debate. Here are some interesting links I’ve stored over the past few years: Marginal Tax Rates, Work and the Nation’s Real Tax System (pdf). … Continue reading
Warren Buffett suggested last weekend that investment and capital allocation decisions are not influenced by taxes. Many, myself included, expressed some skepticism based on prior Buffett decisions This week we see Costco declaring a $3B special dividend, financed by debt, … Continue reading
This is just awful, particularly the suggestion that Congress might tax savings built up in 401ks. I have generally dismissed individuals who’ve suggested the government would confiscate these savings as cranks, but I’m beginning to wonder. I don’t know who … Continue reading
Very interesting graphs here from the PA dept of Public Welfare and the CBO: When Work Is Punished: The Tragedy Of America's Welfare State | ZeroHedge.
It is received Liberal Wisdom that inequality has already created tears in the social fabric. Conservatives tend to discount this idea. But it seems that if you believe inequality and/or inequal treatment are problems with significant social ramifications, you might … Continue reading
Of course he was. Buffett was willing to walk away from a deal because the taxes would have taken too much of a bite out of it. Fortunately for him, the board gave in and allowed him to structure the … Continue reading
Is there nothing that low tax rates can’t do? Nick Kristof asserts that generators are caused by low tax rates, or some such nonsense. Others are on it, and it’s going to leave a mark: Kristof attributes the spread of … Continue reading