Category Archives: Taxes
A Lottery for All
Another interesting take on lotteries, following on an older post regarding lotteries and savings accounts. If you recall, there we mentioned Prize Linked Savings, or a savings account that took interest payments, pooled them together, and doled them out as lottery winnings. Despite very successful pilot programs (by successful we mean they made savings rates [...]
How America is like You
If you are in the United States you are probably aware that the debt ceiling has been raised and the country’s rating has (so far) maintained its high status. That’s nice, but what does it mean in real life? It might be easiest to treat the country like a person, say you or me. The [...]
Tax Freedom Day UK
Yesterday was Tax Freedom Day in the UK, and for a word about what that means I direct you to Allister Heath’s editorial in City AM today: Time to celebrate tax freedom day. As he states: “to think that every single penny earned by every single person working in the UK so far this year [...]
Happy Tax Day!!
In honor of all those of you who have just finished filing your taxes, via the medium of rap: Video by GoRemy
Taxation and “Fairness”
Do you ever get the impression that people see taxation as an end in itself, rather than a means to an end? We are struggling with empty state coffers: well just raise taxes. But for what? Why tax people at all? What is the money being spent on, besides front-line services? And why should producers [...]
