An empirical study published in the Journal of Environmental Economics and Management (JEEM) finds that residents in low-income and rural areas are disproportionately affected by increases in fuel carbon taxes. The study ...
Economics & Business
Feb 18, 2022
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Proponents of a flat rate income tax often point to Russia's 2001 switch to a 13 percent flat tax as nothing short of an economic miracle.
Economics & Business
Jun 17, 2009
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An obscure provision in the health care reform bill has the potential to seriously alter the long-term care landscape for older Americans, but it may not be as beneficial to retirees as it will be for near-retirees and successive ...
Social Sciences
Oct 26, 2010
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Already under fire for raising taxes on individuals and businesses, the state Legislature missed a major opportunity to update the Illinois tax structure, says a University of Illinois law professor.
Economics & Business
Jan 19, 2011
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Eliminating or curtailing the mortgage interest deduction (MID) would initially result in declines in housing prices and investment but would have only modest aggregate macroeconomic effects in the long run, according to ...
Economics & Business
Jan 16, 2013
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Many blame idle millionaires for the rise in income inequality, but today's top earners are actually the "working rich," according to a new working paper co-authored by Princeton University.
Economics & Business
Jan 31, 2019
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General Electric reported a $9.8 billion fourth-quarter loss Wednesday due to hefty charges linked to its insurance business and US tax reform.
Business
Jan 24, 2018
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6
A majority of Michigan's local government leaders believe revenue from the personal property tax is important to their budgets, according to a University of Michigan survey.
Economics & Business
Nov 20, 2012
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U.S. Treasury Secretary Jacob Lew on Wednesday criticized a European ruling that Apple owes more than $14.5 billion in back taxes. But he said the decision may spur Congress to finally address the stalled effort to reform ...
Business
Aug 31, 2016
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General Motors announced Tuesday it will take a $7 billion hit due to the US tax reform but expects earnings this year to be comparable to the solid results in 2017.
Business
Jan 16, 2018
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