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Daily Archives: November 30, 2012
Most Americans face lower tax burden today than in 1980
What is a fair tax code? Amid debate about taxes, the New York Times examines questions of equitability. Here is a direct link to a video report.
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The fiscal mountain of escalating promises on insufficient tax revenue
The US faces the same issue as many aging nations today where entitlement promises become a ‘fiscal mountain’ over the next 19 years as the boomers move through. The top graph below shows how quickly costs will escalate and compound … Continue reading
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Current fiscal discussions nowhere close to numbers needed
Bloomberg Government director of research Robert Litan offers some perspective on the latest news on the fiscal cliff negotiations and how big of a bargain is really needed. Here is a direct link.
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