Fiscal Cliff – Fiscal Slope – Fiscal Escalator – Fiscal (Insert here) – Does it Matter? 2

By Daniel McKay
Fiscal Cliff - Fiscal Slope - Fiscal Escalator - Fiscal (Insert here) - Does it Matter?
If you have been following the blogs of Paul Krugman, Simon Johnson, or the aggregator Economistsview like me, you’ve probably seen multiple posts about the fiscal cliff, fiscal bomb, fiscal slope etc. The general consensus is that our budget adjustment scheduled to be taken at the beginning of January will be more gradual and hurt less ...

Cutting Taxes on Millionaires DOESN’T Increase Economic Growth 6

By Daniel McKay
Cutting Taxes on Millionaires DOESN'T Increase Economic Growth
I’ll try to keep this post short. The question is whether or not cutting taxes on the super-rich actually does as much as those who advocate it think it should. A new study out by Laura Tyson and Owen Zidar of UC Berkeley suggests that Romney’s tax plan advocating a 20% across the board tax cut would ...