The Regressive Carbon Tax

A new NBER working paper promises to blow up the myth that it is primarily the wealthy that will bear the cost of taxes on carbon emissions. In “Who Pays a Price on Carbon?” Corbett A. Continue Reading...

Bulgaria embraces flat tax and freedom

The speaker for the Seventeenth Acton Institute Annual Dinner is former Estonian Prime Minister, Dr. Mart Laar. One of the economic reforms Laar implemented in Estonia was a flat tax. After what was described as a brilliant economic turnaround, other countries have followed Estonia’s lead on flat tax policies and free market policies in general. Continue Reading...

Letting Business Help: The Promise of Education Tax Credits

In the wake of the November elections, with politicians promising less partisan bickering, a perfect opportunity presents itself for real cooperation: educational choice. Kevin Schmiesing looks at the state initiatives that have already empowered “poor and middle class parents to send their children to schools that they believe will best serve their educational goals.” Read the commentary here. Continue Reading...