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Tax Policy Center Analysis of Hillary Clinton’s Tax Proposals, Richard Auxier, Len Burman, Jim Nunns, and Jeff Rohaly. March 3, 2016 “Hillary Clinton proposes raising taxes on high- income taxpayers, modifying taxation of multinational corporations, repealing fossil fuel tax incentives, and increasing estate and gift taxes. Her proposals would increase revenue by $1.1 trillion over …
“Reports from the twelve Federal Reserve Districts continued to indicate that economic activity expanded in most Districts since the previous Beige Book report. Economic growth increased moderately in Richmond and San Francisco and at a modest pace in Cleveland, Atlanta, Chicago, and Minneapolis. Philadelphia reported a slight increase in economic activity, and St. Louis described …
Bernstein, Shai and Colonnelli, Emanuele and Iverson, Benjamin Charles, Asset Allocation in Bankruptcy (February 1, 2016). US Census Bureau Center for Economic Studies Paper No. CES-WP- 16-13. Available for download at SSRN: http://ssrn.com/abstract=2740411 “This paper investigates the consequences of liquidation and reorganization on the allocation and subsequent utilization of assets in bankruptcy. We identify 129,000 …
Emerging Infectious Diseases: Preliminary Observations on the Zika Virus Outbreak,GAO-16-470T: Published: Mar 2, 2016. Publicly Released: Mar 2, 2016. Retirement Security: Better Information on Income Replacement Rates Needed to Help Workers Plan for Retirement, GAO-16-242: Published: Mar 1, 2016. Publicly Released: Mar 1, 2016. Southwest Border Security: Additional Actions Needed to Assess Resource Deployment and …
“The U.S. Census Bureau today released statistics from three 2014 Annual Survey of Manufactures files: General Statistics for Industry Groups and Industries, Value of Products Shipments and Geographic Area Statistics. The files show that the U.S. manufacturing sector’s $5.9 trillion in shipments in 2014 were up 1.2 percent, from $5.8 trillion in 2013. Shipments for …
CRS report via FAS – The Death of Justice Scalia: Procedural Issues Arising on an Eight-Member Supreme Court – Andrew Nolan, Legislative Attorney, February 25, 2016. “On February 13, 2016, Justice Antonin Scalia unexpectedly passed away at the age of 79, vacating a seat on the Supreme Court that he had held for nearly 30 …
WSJ.com – What Percent Are You? A detailed look at where you fit in our vast nation of income-earners…”here’s a more detailed look at where you fit in our vast nation of income-earners.”
Investment Company Institute: “Americans continue saving for retirement through defined contribution (DC) plans, according to ICI’s latest study of retirement plan savers’ actions. The study, “Defined Contribution Plan Participants’ Activities, First Three Quarters of 2015,” includes data from January through September 2015 and is based on DC plan recordkeeper data covering more than 26 million …
PwC Global Economic Crime Survey 2016: “More than one in three organisations (36%) experienced economic crime in the last two years, with cybercrime affecting almost a third (32%), the highest ever level in PwC’s biennial survey of Global Economic Crime. The PwC Global Economic Crime Survey 2016 interviewed over 6000 participants in 115 countries. Despite …
“It’s a fiscal Sword of Damocles hanging over America’s future: If no changes are made to the way we operate and finance the Social Security system, its trust fund will run dry around 2033, after which the program will have to pay for itself through ongoing payroll taxes. Those will only be sufficient to cover …
Feldman, David and Li, Jiaming and Saxena, Konark, Politically Motivated Corporate Decisions: Evidence from China (February 26, 2016). Available for download at SSRN: http://ssrn.com/abstract=2738946 “Two conflicting hypotheses assess the effect of political tournaments on corporate decisions: 1) uncertainty regarding outcomes reduces economic activity, and 2) agency-driven incentives increase economic activity. Further assertions suggest that under …
Liberty Street Economics – Jason Bram, Nicole Dussault and Maxim Pinkovskiy: “Since the 1940s, employers that provide health insurance for their employees can deduct the cost as a business expense, but the government does not treat the value of that coverage as taxable income. This exclusion of employer-provided health insurance from taxable income—$248 billion in …
