Posts Tagged ‘taxation’

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    Mankiw and Colbert

    Oct 29, 10 • 366 Views • No 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......  [read more]

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    Debating the Inheritance Tax

    Jun 12, 10 • 420 Views • No 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,......  [read more]

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    Taxing Decisions

    Apr 10, 10 • 398 Views • No 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,......  [read more]

  • Taxing Issues

    Mar 8, 10 • 412 Views • No 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......  [read more]

  • The Ethical Economy

    Feb 16, 10 • 309 Views • No Comments

    During a recent discussion at Trinity Church (near the NYSE) Susan Lee, an economist, and The Archbishop of Canterbury spoke. Both sought a better society. Both wanted a wealthier society. Then though, they diverged. Summing up each one’s perspective,......  [read more]