by CF&P | Aug 12, 2020 | News, Press Releases
For Immediate Release Wednesday, August 12, 2020 202-285-0244 www.freedomandprosperity.org CF&P Foundation Paper Finds Proposed Wealth Tax Would Mean Loss of 1.8 Million Jobs (Washington, D.C., Wednesday, August 12, 2020) The Center for Freedom & Prosperity...
by CF&P | Aug 12, 2020 | Publications, White Papers
The Economic Effects of Wealth Taxes [PDF Version] August 2020 John W. Diamond and George R. Zodrow, Tax Policy Advisers LLC Executive Summary In this paper, we estimate the economic effects of the wealth tax proposed by Senator Warren using a computable general...
by Dan Mitchell | Apr 22, 2020 | Blogs, Economics, Taxation
The folks who don’t want to let a crisis go to waste have been very busy in the era of coronavirus, pushing an ever-expanding menu of bad ideas. Propping up high-tax states such as New York, Illinois, and California by restoring the tax code’s deduction for state and...
by Dan Mitchell | Nov 15, 2019 | Blogs, Economics, Taxation
With their punitive proposals for wealth taxes, Bernie Sanders and Elizabeth Warren are leading the who-can-be-craziest debate in the Democratic Party. But what would happen if either “Crazy Bernie” or “Looney Liz” actually had the opportunity to impose such levies?...
by Dan Mitchell | Oct 3, 2019 | Blogs, Economics, Taxation
I sometimes mock the New York Times for dodgy and inaccurate writing about economics. Though, to be fair, the paper has many sound journalists who do a good job, so I should be more careful about explaining that the mistakes are the result of specific reporters and...