Posts Tagged ‘taxation’

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    Grade Redistribution

    May 7, 11 • 204 Views • Behavioral Economics, Economic Debates, Government, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    In this video, college students approve of proposals to “tax the rich.” However, when asked if those in the top 10% of GPAs should have their grades redistributed, they emphatically say, “No.” But, is income redistribution really that

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    Mankiw and Colbert

    Oct 29, 10 • 183 Views • Demand, Supply, and Markets, GovernmentNo Comments

    For some smiles and econ also, the following links are fun. It all began with Harvard’s N. Gregory Mankiw’s NY Times op-ed column on higher tax rates. Explaining, he said that $1000 wisely invested, with no taxes, became $10,000 in 30 years. By

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    Debating the Inheritance Tax

    Jun 12, 10 • 195 Views • Economic History, GovernmentNo Comments

    Death usually means some money for Uncle Sam and the rest for the real relatives (and unrelated heirs). As a result, when John D. Rockefeller died in 1937, his heirs received 30% of his fortune and the U.S. government got the rest. During March, 2010,

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    Taxing Decisions

    Apr 10, 10 • 175 Views • GovernmentNo Comments

    Some people believe that government spends more when it has an affluent population to pay for it.  In a recent NY Times column, David Leonhardt presents a slightly different perspective. Instead, he says that because we are a more affluent society,

  • Taxing Issues

    Mar 8, 10 • 181 Views • Thinking EconomicallyNo Comments

    How much should government spread the wealth?  In a recent speech, Harvard economics professor Gregory Mankiw gives an answer by focusing on two issues. The first issue involves the facts:  Beginning with a Warren Buffett story, Dr. Mankiw then