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Archive for May 3rd, 2013

Tax Credit Confession

Friday May 3rd, 2013   •   Posted by K. Lloyd Billingsley at 1:50pm PDT   •   1 Comment

The Tax and Revenue Committee of the California Assembly will soon hear AB 927 authored by Assemblyman Al Muratsuchi. The measure allows various tax credits against the taxes imposed by the Personal Income Tax Law and the Corporation Tax Law: This bill would, under both laws, for taxable years beginning on or after January…
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The Chicken or the Egg?

Friday May 3rd, 2013   •   Posted by Craig Eyermann at 6:25am PDT   •   3 Comments

We’re revisiting the academic furor of the Reinhart/Rogoff data controversy today because there has been some new analysis to come out of the debate that seeks to answer a good question: Does a high national debt burden lead to slower economic growth, or vice versa? Arindrajit Dube of the University of Massachusetts, Amherst, a…
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