I estimate that raising the maximum tax rates on personal income, including capital gains, to eleven percent will cost the Oregon economy 36,000 jobs by 2015. The job losses will continue to accumulate beyond that year. This analysis does not incorporate job losses due to higher corporate income taxes. The estimate is based on a [...]

Click here to read the full report in PDF format Summary: The U.S. has survived much worse policies and attitudes than our current economic crisis. A country can take many setbacks before it crumples, so here are three action steps I recommend in planning for the future.

Summary Did lack of government regulation create the subprime mortgage crisis? Most likely, more regulation would have increased the problem.

Summary The slogan, “Business should pay its fair share,” misses the point. No business ever pays any tax. People pay taxes, and exactly which people pay a business tax is hard for economists to determine.