This nation employs several methods for taxing capital income, both at the individual and the corporate level.  There is a massive economic literature that documents strong theoretical and empirical support for the United States to reduce its capital taxes

A substantial economic literature has developed in recent years that suggests that taxation of capital in theory can have very harmful economic consequences over time. Indeed, some authors who have conducted research based on theoretical grounds have even argued that capital taxes should be set to zero. Yet...

The authorsfind that higher population U.S. states have more pages of legislation and adopt particular laws earlier in their history.

Since 2007, and apparently well below the radar, the safety net has expanded radically. The benefits available to those who do not work are sharply higher, and likely explain a good deal of the high unemployment we still see today. Staying home and collecting a government check has never been so attractive.

Top economists provide much-needed guidance--and some surprising conclusions--in response to rising public concerns about inequality in the U.S. tax system.

The role of policymakers should be to establish broad, effective, and stable policies that permit the U.S. economy to evolve as market forces dictate.

There are objective truths about Che Guevara, but telling them would expose a man who sowed mayhem in the service of an awful cause.