Tag Archives: Budget

Shrinking Revenue Offers

Jared Bernstein has a nice, but depressing chart on various revenue offers between Obama and Boehner.

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Top Economists on Ten Year Budget Plans & Long-run Fiscal Sustainability

See here for survey results

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Thoughts on the California/SF Tax Related Propositions for Tuesday

San Francisco – Proposition E: replaces SF payroll tax, which is based on the number of employees, to a gross receipts tax Favor: the payroll tax makes hiring people more expensive (since employers have to pay more taxes for every new … Continue reading

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How much higher would taxes have to be to fund all state and local pension promises? ~1,400 per household per year

Robert Novy-Marx and Josh Rauh have a new NBER working paper out that suggests that filling the pension gap for state and local governments costs roughly ~1,400 per household every year.  We calculate increases in contributions required to achieve full … Continue reading

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Stunning “Market Share” Growth of US Health Care Spending since 1962

Source: OMB Historical Tables 16.1. HT to David Wessell who shows this graph in Red Ink, which is a nice quick read

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