Source: Economic Policy Reforms: Going for Growth – OECD (2016).
Tax receipts by source as % of US GDP since 1934
23 Feb 2016 Leave a comment
in economic history, politics - USA, public economics Tags: company taxes, taxation and entrepreneurship, taxation and investment, taxation and labour supply, World War II
Quiz question: spot the Reagan revolution?
Source: The President’s Budget for Fiscal Year 2017, Historical Tables | The White House, table 2.3.
The only time that the left become supply-side economists
10 Feb 2016 Leave a comment
in applied price theory, Public Choice, public economics Tags: povertytraps, taxation and labour supply
The left-wing tax dilemma
06 Feb 2016 Leave a comment
in politics - USA, public economics Tags: 2016 presidential election, entrepreneurial alertness, growth of government, size of government, taxation and entrepreneurship, taxation and investment, taxation and labour supply
US, Danish, British, Canadian, Australian and New Zealand tax and social security burden net of cash benefits as a % of labour costs, one-earner married couple with two children since 2000
05 Feb 2016 Leave a comment
in labour economics, labour supply, politics - Australia, politics - New Zealand, politics - USA, public economics Tags: 2016 presidential election, British election, Canada, Denmark, family tax credit, in work tax credit, taxation and labour supply
For some reason the Labour government in New Zealand in the mid-2000s could not bring itself to admit it was introducing a huge tax cut for families. To avoid admitting it ever gave a tax cut, that Labour government called the huge family tax credit introduced in 2004 and 2005 Working for Families.
Source: Taxing Wages 2015 – OECD 2015
The above data does not include the effects of GST and VAT.
G7, Australian, Danish and New Zealand average personal income tax and social security contribution rates
01 Feb 2016 Leave a comment
in politics - Australia, politics - New Zealand, politics - USA, public economics Tags: Australia, Canada, Denmark, France, Germany, Italy, Japan, Social Security taxes, taxation and labour supply, the dish economy
G7, Danish, Australian and New Zealand marginal income tax and social security contribution rates
31 Jan 2016 Leave a comment
in politics - Australia, politics - New Zealand, politics - USA, public economics Tags: Australia, British economy, Canada, Denmark, France, Germany, Italy, Japan, New Zealand, social insurance, Social Security taxes, taxation and labour supply
Ordinary French, Germans, Italians and Danish pay much higher marginal tax rates and that is before their high rates of GST.
Data extracted on 30 Jan 2016 03:08 UTC (GMT) from OECD.Stat.
All-in average personal income tax rate less cash transfers at average wage for single person with 2 children across OECD
30 Jan 2016 Leave a comment
in public economics Tags: family tax credit, single mothers, single parents, social insurance, taxation and labour supply, welfare state
Working Class American Families Face Marginal #Tax Rates up to 43.7%
28 Jan 2016 Leave a comment
in Public Choice, public economics Tags: laffer curve, rational irrationality, taxation and labour supply
Everybody agrees there is a Laffer Curve when it suits them.
The Left talks about poverty traps arising from means testing of social insurance and welfare benefits but denies flatly that high marginal tax rates will affect the labour supply of the rich and willing to do.
You cannot have it both ways.
British all-in average personal income tax rates at average wage by family type, 2000, 2007, 2014
28 Jan 2016 Leave a comment
in public economics Tags: British economy, family tax credits, family taxation, in-work tax credits, taxation and labour supply
Better than Sweden! All-in average personal income tax rates at average wage by New Zealand, Swedish and Danish family type
27 Jan 2016 Leave a comment
in politics - New Zealand, public economics Tags: Denmark, family tax credits, family taxation, in-work tax credits, Sweden, taxation and labour supply
New Zealand 2000, 2007 and 2014 all-in average personal income tax rates at average wage by family type
25 Jan 2016 Leave a comment
in politics - New Zealand, public economics Tags: family tax credits, family taxation, in-work tax credits, taxation and labour supply, working for families
In work tax credits for families in Working For Families certainly makes a difference to the after-tax, after government transfers living standards of the family on an average wage.
Data extracted on 25 Jan 2016 01:07 UTC (GMT) from OECD.Stat.
Nordic all-in average personal income tax rates at average wage by family type – corrected
25 Jan 2016 Leave a comment
in public economics Tags: Denmark, Finland, Norway, Sweden, taxation and labour supply
Utopia, you are standing in it! 
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