Posts Tagged ‘Jim Nunns’

A Payroll Tax Math Error Adds $5 Billion To The Deficit

Nothing gets lawmakers and pundits more outraged than government’s proverbial waste, fraud, and abuse. Nearly always, these stories involve spending. But taxes are hardly immune. One case of pure waste involves a simple math mistake that will cost the Treasury $5 billion in lost revenue over the next decade. Much of this windfall goes to […]

Who Pays the Corporate Income Tax?

Who pays the corporate income tax?  It is one of the most vexing questions tax experts face. Now, to keep pace with the latest research, the Tax Policy Center has revised its methodology for figuring where this tax falls. The bottom line: For the first time, TPC assumes that workers bear some of the corporate […]

Pick Your Poison: VAT or Higher Income Tax Rates

With congressional deficit reduction efforts largely collapsed, the question remains: What are we going to do about the nation’s long-term budget mess? Since any realistic deficit reduction plan will require significant new revenues, is a Value-Added Tax a sensible way for government to raise those extra dollars? In an effort to find out, the Pew […]