September 27, 2011
Some of the confusion surrounding Warren Buffet’s secretary and her taxes comes from the failure to distinguish between average and marginal tax rates. Then, there’s Buffet’s tax-avoiding behavior, which illustrates Hauser’s Law.
Tagged as:
Economics,
Taxation
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September 26, 2011
As Kansans prepare to debate whether to reduce our state’s income taxes, there will be those, such as Rhonda Holman of the Wichita Eagle, who will urge caution before proceeding with reducing taxes. Others will claim that government taxation and spending is what makes the state’s economy grow. Two research papers illustrate the need to reduce taxes, finding that high taxes are associated with reduced income and low economic growth. Research such as this rebuts the presumption of government spending advocates that reducing taxes will kill jobs in Kansas.
Tagged as:
Economic development,
Government spending,
Kansas state government,
Taxation
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