Posts Tagged ‘tax policy’

DBCFT - An Untested Tax Policy For Strange Days

DBCFT – An Untested Tax Policy For Strange Days

By The Banker | Blog Posts, Taxes, Texas

With Congress and the White House unified under the same party, radical corporate tax reform is coming our way very soon. Although some reform is welcome, this is a column about the part of the reform that worries me the most, known by the non-mellifluous label “Destination-Based Cash Flow Tax With Border Adjustment.” Let’s say [&hellip

JEB!'s Future Tax Policy

JEB!’s Future Tax Policy

By The Banker | Blog Posts, Taxes

I’m going to start this post with the controversial thing, before moving on to the analytical thing. Now, I know you. You’re going to want to angrily write to me about the controversial thing, and especially how I’m wrong. I don’t care. What I’m hoping is that we can turn quickly to the analytical thing, which [&hellip

Clinton Proposal on Capital Gains Tax: I Like It

Clinton Proposal on Capital Gains Tax: I Like It

By The Banker | Blog Posts, Taxes, Texas

I’ve written before about carried interest taxes, estate taxes, and real estate tax policy using the contrasting lens of what is ‘fair to me,’ (typically, If I don’t have to pay it, it’s fair to me) versus what is ‘fair to society,’ (My attempt to take the broad view, even if it hurts me personally.) [&hellip

The Problem of Tax Code Complexity

The Problem of Tax Code Complexity

By The Banker | Blog Posts, Taxes

With the nightmare US debt default temporarily avoided, let’s review some basics. The budgetary responsibility of the US Congress has two parts: 1. Set spending levels (money outflow) and 2. Set taxation levels (money inflow) Congressional rhetoric in the recent nonsense weeks mostly focused on spending (money outflow), whereas the harder but more meaningful discussion [&hellip

The View From The Fiscal Gorge

The View From The Fiscal Gorge

By The Banker | Blog Posts

Happy Fiscal Gorge[1] Day! Guess who’s really happy from last night’s tax deal? Heirs, financiers, and people who live off their piles of money. Guess who’s not saddened by the Fiscal Gorge tax deal? The top 2% of earners that Obama spent his campaign promising would pay a larger share of federal taxes if he [&hellip