Good - And Not So Good - Corporate Tax Ideas From New Mexico

New Mexico Governor Susana Martinez , a rising star among GOP politicians, is calling for a steep reduction in the corporate tax rate . She proposes cutting the rate from 7.6 to 4.9 percent. That is good news. The corporate income tax is -- and will likely remain -- one of the worst ways to raise revenue...

Good - And Not So Good - Corporate Tax Ideas From New Mexico

New Mexico Governor Susana Martinez , a rising star among GOP politicians, is calling for a steep reduction in the corporate tax rate . She proposes cutting the rate from 7.6 to 4.9 percent. That is good news. The corporate income tax is -- and will likely remain -- one of the worst ways to raise revenue...

Stifling Lefty - Political Correctness in the Tax Debates

Phil Mickelson, the great golfer, caused quite a stir recently when he said (and this is really all he said) that the new higher taxes at the federal level and in his home state of California " doesn't work for me right now ." ... Mickelson is a really rich guy... [T]he the liberal elites...

Stifling Lefty - Political Correctness in the Tax Debates

Phil Mickelson, the great golfer, caused quite a stir recently when he said (and this is really all he said) that the new higher taxes at the federal level and in his home state of California " doesn't work for me right now ." ... Mickelson is a really rich guy... [T]he the liberal elites...

Let's Stop With the Revenue Neutrality

For decades, most people have believed that the success of tax reform is dependent on the reform being revenue neutral. That is, whatever happens, the tax system has to raise approximately as much revenue after as it did before. Proponents of reform want to seem pure in thought. They profess to care...

No Use for Useless Stances

... This week the Senate passed something called the " Marketplace Fairness Act " [of 2013] that would basically let states force sellers who do not have a physical presence in the taxing state collect sales tax, and thereby get around all this use tax confusion. Personally, I have thought...

I Am Not Ayn Rand, But What About Me?

My friends at the Center on Budget and Policy Priorities recently took issue with my friends at the Tax Foundation. The subject was whether tax increases harm economic growth. The Foundation published a piece written by Will McBride in December 2012 which concluded that "nearly every empirical study...