Econintersect Analysis Blog
Print this page or create a PDF file of this page
.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet Asia / Pacific Europe Middle East / Africa Americas USA Government
Category Archives: Taxation
Payrolls Gain But QE Has No Impact On Growth Rate
by Lee Adler, Wall Street Examiner The BLS today reported a seasonally adjusted (SA) gain of 165,000 in April nonfarm payrolls, beating the consensus estimates of 140,000 to 155,000 from surveys of economists by mainstream media organizations. Surprise, surprise (not) … Continue reading
Posted in Employment, Federal Reserve, GDP, Personal Income and Consumption, Taxation, macroeconomics
Tagged BLS, Economy, employment, energy, Federal Reserve, GDP, Lee Adler, recession, recovery, unemployment
Leave a comment
Savings and Investment: Sorting Out Confusion Over Definitions
A Bit More on Savings and Investment by Steve Randy Waldman, Interfluidity.com Steve Roth (1, 2), Scott Sumner (1, 2, 3), Bill Woolsey, and Matt Yglesias have been debating questions of saving versus investment and paradoxen of thrift. See also … Continue reading
Posted in Economics, Taxation, macroeconomics, money
Tagged consumer confidence, Economy, GDP, inflation, private savings, recovery, savings and investment, Steve randy Waldman
2 Comments
Making The Case Against Austerity
by Stephanie Kelton This article was originally published in New Economic Perspectives Neil Irwin at Wonkblog has a new post up: The Deficit is Falling Fast. Can Washington Accept Victory? He quotes John Makin of the American Enterprise Institute, who says, … Continue reading
Posted in Economics, Government, Taxation, macroeconomics, money
Tagged consumer confidence, Economy, Federal Reserve, GDP, health care, inflation, recession, recovery, Stephanie Kelton
3 Comments
Here’s The Real Time Evidence That The US Economy Is Growing at 2.4% Right Now!
by Lee Adler, Wall Street Examiner Let’s get one thing straight. I am no economist. If I were, I’d be too embarrassed to tell anybody anyway. I’m just a guy who learned from Yogi Berra that, “You can observe a … Continue reading
Posted in Economics, Taxation, US Treasury
Tagged consumer confidence, Economy, employment, Federal Reserve, GDP, Lee Adler, taxation
3 Comments
Where O Where Did My Two Trillion Go?
by Chris Turner, Advisor Perspectives dshort.com Those who remember the TV series Hee Haw will understand the title. Those who don’t can watch the YouTube clip below the jump for some perspective. My subject today examines the popular argument that … Continue reading
Posted in Economics, Government, Taxation
Tagged Chris Turner, corporate income, corporate income tax, Economy
Leave a comment
Does Taxation Kill Economic Growth?
Written by Steven Hansen Of course taxation correlates to economic growth. One could generalize and say the higher the tax rate, the slower the growth. Yet this belief is too simplistic to be a litmus test for economic decisions. The … Continue reading
Posted in Taxation, Weekly Economic Summary, aa syndication
Tagged consumer spending, Economy, GDP, Steven Hansen, unemployment, weekly review.taxes
Leave a comment
The U.S. Deficit/Debt Problem: A Longer-Run Perspective
by Daniel L. Thornton, Research, St. Louis Federal Reserve The U.S. national debt now exceeds 100 percent of gross domestic product. Given that a significant amount of this debt is the result of governmental efforts to mitigate the effects of … Continue reading
Posted in Economics, Federal Reserve, GDP, Taxation, macroeconomics
Tagged Daniel L. Thornton, debt crisis, Economy, Federal Reserve, GDP, inflation
1 Comment
Stephanie Kelton Lecture on Sectoral Balances and the Fiscal Cliff
The following lecture was given by Stephanie Kelton, Associate Professor of Economics at the University of Missouri Kansas City to the New America Foundation / Economic Growth Program / Economists for Peace and Security in Washington, DC, 13 November 2012. … Continue reading
Posted in Taxation, macroeconomics, money
Tagged fiscal cliff, sectoral balance analysis, sectoral balances, Stephanie Kelton
1 Comment
Oiling the Rebalancing Machine
by Guest Author John Mauldin, Thoughts from the Frontline A consistent theme in this letter has been the connections between items that may seem to be far removed from each other but are actually linked at the very core. If … Continue reading
Posted in Energy, GDP, Government, Taxation, Trade Data
Tagged energy policy, fiscal deficit, John Mauldin, OIL, peak energy, peak oil, sectoral balance, Thoughts from the Frontline, trade balance
3 Comments
Falling Expenditures, Rising Receipts
Fiscal Slope Negotiations in the Context of Current Expenditures and Current Receipts by Menzie Chinn, Econbrowser The latter (receipts) are stabilizing at extremely low levels. To place matters in perspective, note that even before 2008, tax revenues were low by … Continue reading
Posted in Economics, Government, Taxation
Tagged Current Expenditures, Current Receipts, Econbrowser, Economy, EGTRRA, Fiscal Slope, GDP, government spending, inflation, JGTRRA, Menzie Chinn, tax reductions, taxation
Leave a comment
September Tax Withholding Revisited
by Lee Adler, The Wall Street Examiner Yesterday I posted a report on Federal Withholding Tax collections for September. They were strong. That implied the BLS nonfarm payrolls data to be released Friday should beat downbeat economists’ consensus expectations. But there … Continue reading
Strong September Tax Withholding Bodes Well for Jobs
by Lee Adler, The Wall Street Examiner Updated October 1, 2012 More timely updates of this data are posted in the Professional Edition weekly Treasury updates. September withholding taxes rose 4.5% in real terms versus September 2011. That suggests that a … Continue reading
Posted in Employment, Taxation
Tagged employment, federal tax receipts, Lee Adler, wall street examiner, withholding tax receipts
Leave a comment
July 2012 Withholding Taxes Suggest Huge Job Gains
by Lee Adler, The Wall Street Examiner The report is an excerpt from the Employment Charts permanent page, updated when new data is reported. Bookmark it for future reference. As of July 25, Federal withholding tax collections for the prior … Continue reading
Posted in Taxation, macroeconomics
Tagged federal tax receipts, Lee Adler, recession, wall street examiner
Leave a comment
Recession has Started? Not According to Federal Tax Receipts
by Lee Adler, The Wall Street Examiner The mainstream consensus has lately been that the economy is slowing. Based on my tracking of federal revenues in real time, I suspect that that view is incorrect. Instead the recent data reflects … Continue reading
Posted in Taxation, macroeconomics
Tagged federal tax receipts, Lee Adler, recession, wall street examiner
Leave a comment
Bloomberg: Euro Crisis Hits Global Profits, But US Tax Collections Soar
by Lee Adler, The Wall Street Examiner Bloomberg says that global corporate profits are being hit by the Euro crisis. Maybe so, but second quarter corporate taxes in the US hit a four-year record.
Bloomberg: Euro Crisis Hits Global Profits, But US Tax Collections Soar
by Lee Adler, The Wall Street Examiner Bloomberg says that global corporate profits are being hit by the Euro crisis. Maybe so, but second quarter corporate taxes in the US hit a four-year record.
Posted in Taxation, US Treasury
Tagged federal taxes, Lee Adler, tax receipts, The Wall Street Examiner
Leave a comment
U.S. Northeast: Casino Glut Coming
by Elliott Morss Introduction These are desperate times for US state and local governments. More than half a million state/local workers have been laid off and more will be soon as Federal support dries up. Where can these governments find … Continue reading
The U.S. Has a Low Corporate Tax
by Citizens for Tax Justice Subtitle: Don’t Believe the Hype about Japan’s Corporate Tax Rate Reduction America has one of the lowest corporate income taxes of any developed country, but you wouldn’t know it given the hysteria of corporate lobbying … Continue reading
