Why the UK Needs a Financial Transaction Tax
Claims that a financial transaction tax would be difficult to implement and raise little revenue are fake news.
Read more...Category Archives: Taxes
Carbon Taxes and Carbon Pricing Are Not Solutions to the Climate Crisis
A short-form debunking of a popular but unsound idea for addressing carbon emissions.
Read more...‘Another Gift’ to Big Business as Trump Treasury Moves to Eliminate Rules Against Corporate Tax Avoidance
Another day, another Trump gift to the wealthy, this one in the form of a corporate tax break.
Read more...Researchers Detail How Slashing Pentagon Budget Could Pay for Medicare for All While Creating Progressive Foreign Policy Americans Want
Even if you beleve that taxes fund federal spending, a new study shows it is not necessary to raise taxes to pay for Medicare for All.
Read more...Uber to Owe UK >£1 Billion in VAT if It Loses Appeal on Suit on Driver Status, Also Loses Liability Insurer
More bad news for Uber.
Read more...Does France Have an “Exorbitant Privilege”?
Why exorbitant privilege may not necessarily result from having the reserve currency, but instead from the tax games multinationals play.
Read more...The Implementation Flaw in Warren’s Wealth Tax
There are better ways to skin fat cats than Warren’s wealth tax.
Read more...Amid Recession Warnings, Trump Reportedly Considering More Tax Cuts for Rich and Corporations
Trump proposes yet more tax breaks, which would do more for the stock market than for the real economy.
Read more...Carbon Dividends: A Plan for Earth’s Survival that Can Survive U.S. Politics?
Yves here. Carbon dividends are a way to create support for setting a price for carbon. None other than those starry-eyed granola heads at Financial Times called for setting a price for carbon in 2007. Pigovian taxes (ones meant to discourage activity, like transactions taxes) should typically not be seen as revenue generators, since you […]
Read more...The Numbers Are In, and Trump’s Tax Cuts Are a Bust
Why Trump’s tax “reforms” didn’t deliver on growth, just on rentierism.
Read more...Taxes for Revenue Are Obsolete
In a 1946 classic, New York Fed chairman Beardsley Ruml explains why taxes aren’t necessary for Federal spending and argues against corporate income taxes.
Read more...Transfer (Mis)pricing, the Jewel in Every Multinational Enterprise’s Crown
Transfer pricing: How developing countries lose $3 billion every day through an accounting trick that allows corporations to avoid paying tax.
Read more...Should We Tax Wealth?
Kicking the tires of a wealth tax.
Read more...Taxcast: The Corporate Tax Haven Index, Solving the World’s Broken Tax System
This taxcast examines the Tax Justice Network’s new Corporate Tax Haven Index for what’s wrong with the taxation system and how to fix it.
Read more...Facebook’s New Libra Digital Currency, Trust Issues (Many), and Sovereignty
Trust issues with Facebook’s Libra for users, regulators, and technically. And is Facebook seeking to become a sovereign?
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