There are a lot of things that bother me about the “sequester”, not the least of which is the fact that it is completed unnecessary and could be fixed with a quick repeal of the law. But another thing I hate, which I hated just as much when it was used at the state level,… Continue reading The Unkindest Cut
Month: February 2013
The Deal II
So I finished reading the The Deal (it took a couple hours at most), and the result was a fleshing out of pretty much everything that was in the original blog post. The long-term deficit isn’t hard to understand: it’s caused by health-care benefits that are out of whack with taxes. It’s really that simple.… Continue reading The Deal II
The Deal
I saw this article a couple of days ago and it piqued my interest so much, I had to buy the e-book (it’s only 1.99!). I haven’t yet read it, so I’ll give my full review later, but the top 10 takeaways from Ezra Klein were true enough to make me want to comment already…
Tax Incidence Reviewed
I have nothing better to do on a Saturday morning than go over finances. In doing so, I realized that I had miscalculated the tax incidence graphs I had previously created. The biggest change is for payroll taxes in college: instead of looking at my W2s I just assumed I was paying full Social Security… Continue reading Tax Incidence Reviewed
Consequences
I’m with Atrios on this one. Last night, I heard a story on Marketplace about a guy who was long-term unemployed, and then got a job writing for Mad Men. The end. It was a wholly unfulfilling story, essentially saying nothing other than “This guy found a way.” Nothing on how, or what is happening… Continue reading Consequences
2012 Tax Incidence
So I’ve done our 2012 taxes, and as such, I can update my last blog post on tax incidence. Graphs below…