Back in 2013, I debated Joe Biden’s top economist on the death tax. Everything I said then (and wrote four years before then) is still true today. In the interview, I mentioned nations that have abolished their death taxes, including Australia. I should have mentioned Sweden as well. As a general rule, I don’t want […]
Slowly Strangling the Death Tax
Slowly Strangling the Death Tax
23 Jun 2025 Leave a comment
in applied price theory, Austrian economics, economic growth, macroeconomics, politics - USA, Public Choice, public economics Tags: death taxes, taxation and entrepreneurship, taxation and investment, taxation and savings
What happened when Spain brought back the wealth tax?
13 Jun 2025 1 Comment
in applied price theory, Public Choice, public economics Tags: Spain, taxation and entrepreneurship, taxation and investment, taxation and savings
From the Journal of Public Economics Twitter feed: What happened when Spain brought back the Wealth Tax in 2011? Using variation in exposure, this paper finds: – No drop in savings, but drop in taxable wealth—mainly via legal avoidance – Asset shifting caused most revenue loss – Estimated revenue loss was 2.75x initial 2011 rev. […]
What happened when Spain brought back the wealth tax?
Bye and Bye: Washington State Moves To Toward a “Wealth Tax” As the Wealthy Move to Leave the State
26 Dec 2024 Leave a comment
in applied price theory, entrepreneurship, financial economics, fiscal policy, income redistribution, macroeconomics, Marxist economics, politics - USA, Public Choice, public economics Tags: regressive left, taxation and entrepreneurship, taxation and investment, taxation and savings, wealth tax
Washington State’s unofficial state motto has long been “Al-ki” which means either “bye and bye” or “by and by” in Chinook. The former meaning now seems official as Gov. Jay Inslee pushed for a “wealth tax.” Wealthy citizens are already saying bye to the state in anticipation of what one Democratic billionaire recently called a […]
Bye and Bye: Washington State Moves To Toward a “Wealth Tax” As the Wealthy Move to Leave the State
Why Elizabeth Warren’s Wealth Tax Won’t Work
31 Dec 2021 Leave a comment
in entrepreneurship, human capital, income redistribution, industrial organisation, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality, Public Choice, public economics, survivor principle Tags: regressive left, taxation and entrepreneurship, taxation and investment, taxation and savings
Prescott on Eurosclerosis
13 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, economic growth, economic history, Edward Prescott, history of economic thought, labour economics, labour supply, macroeconomics Tags: taxation and entrepreneurship taxation and labour supply, taxation and investment, taxation and savings
When magical thinking becomes UK Labour policy
29 Sep 2021 Leave a comment
in economic growth, economics of education, entrepreneurship, human capital, income redistribution, labour economics, labour supply, Marxist economics, occupational choice, poverty and inequality, Public Choice, public economics Tags: envy, taxation and entrepreneurship, taxation and investment, taxation and labour supply, taxation and savings, top 1%
A Scandinavian U.S. Would Be a Problem for the Global Economy
01 Jun 2021 3 Comments
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economic growth, economic history, economics of education, entrepreneurship, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, Public Choice, survivor principle Tags: creative destruction, regressive left, taxation and entrepreneurship, taxation and innovation, taxation and labour supply, taxation and savings
Romer on the power of tax cuts
02 Feb 2021 Leave a comment
in applied price theory, economic growth, entrepreneurship, fiscal policy, history of economic thought, human capital, industrial organisation, labour economics, labour supply, macroeconomics, poverty and inequality, public economics, survivor principle Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply, taxation and savings
Joe Biden’s Ambitious Tax Plan Faces Reality
11 Jan 2021 Leave a comment
in applied price theory, applied welfare economics, entrepreneurship, human capital, income redistribution, industrial organisation, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality, Public Choice, public economics Tags: 2020 presidential election, taxation and entrepreneurship, taxation and investment, taxation and labour supply, taxation and savings, top 1%
Optimal rate of tax on capital is zero
17 Nov 2020 Leave a comment
in applied price theory, applied welfare economics, economic growth, entrepreneurship, macroeconomics, Marxist economics, public economics Tags: company tax, optimal tax theory, taxation and investment, taxation and savings
Dynamic scoring of the Trump tax cuts
25 Dec 2019 Leave a comment
in applied price theory, applied welfare economics, budget deficits, econometerics, economic growth, economics of education, entrepreneurship, fiscal policy, human capital, industrial organisation, labour economics, labour supply, macroeconomics, politics - USA, Public Choice, public economics Tags: 2020 presidential election, taxation and entrepreneurship, taxation and investment, taxation and labour supply, taxation and savings
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