Tag Archives: fiscal policy

The Ryan pick is a good one

Can’t wait to see the Ryan Biden debates. Biden is going to get his clock cleaned. Romney’s making a nod to the Catholics. But you will hear more about Ayn Rand than in any other presidential campaign. Romney shows he’s tied into the reform impulse. The Ryan pick is a bold one.…

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Beacon Hill Institute Weekly Dispatch: Regarding corporate taxes, broaden the base, lower the rate

A basic principle of sound tax policy requires a tax levy with both a broad base (that is to say no or few deductions and exemptions) and the lowest rate possible (so as not to diminish incentives for individuals and companies to work, save and invest). With its myriad economic development agencies and varied targeted tax breaks, Massachusetts comes nowhere…

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“It’s a form of double taxation,”…

Massachusetts Governor Deval Patrick is receiving some well deserved grief from business interests unhappy with his ill-conveived tax policies. Apparently the governor doesn’t realize (or care) that business interests can domicile in locations other than Massachusetts. Moreover, if you give those business interests reason to go elsewhere, they will. As is the apparent case according to the Organization for International…

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Good politics, bad economics

All right-handed economists believe that a stimulus package consisting of tax rebates ultimately prove to be ineffective. Writing in the USAToday last week, Cato Institute chairman William Niskanen, a former Reagan budget official, epitomized the conservative, hands-off view. Fiscal policy should not be used in the futile attempt to stabilize the economy. The Federal Reserve’s monetary policy is far…

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Carla Howell draws the attention of Commonwealth magazine

( – promoted by Patrick) A least one journal of opinion is taking Carla Howell's ballot measure seriously. Commonwealth magazine, published by MassInc isn't about to ignore the libertarian proposal to abolish the state personal income tax  the way the media elite did six years ago. This year, defenders of the status quo aren't taking anything for granted. But more…

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