Tag: Taxes

Tuesday, March 8th, 2011

The price of a car crash

At first blush it might seem to make sense for cash-strapped cities to charge drivers for car accidents, a quick and easy way to raise revenue for the fire department and the police. But there are costs involved too. Getting … Continue reading

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Thursday, January 13th, 2011

The price of John Lennon’s ghost

How much would you pay for basking in the aura of John Lennon’s former presence? On February 5, the British auction firm Bonhams will auction John Lennon’s first car, a blue 1965 Ferrari 330 GT 2+2 Coupe, which he bought … Continue reading

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Wednesday, January 12th, 2011

The price of taxes

American corporations love to complain about the onerous taxes. Well, Price Waterhouse has compiled a ranking of corporate taxation in 183 countries around the world. The United States is nowhere near the top. The average tax burden in the United … Continue reading

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Wednesday, January 5th, 2011

The power of cigarette prices

Americans are familiar with the deployment of tobacco taxes to curb smoking. Smoking among teens has declined consistently over the last 20 years, in part thanks to hefty taxes on cigarettes. When I was a smoker back in the 1990s … Continue reading

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Thursday, December 9th, 2010

The Price of Cheap Energy

Americans’ deep skepticism about the perils of global warming is perhaps most evident in the price they pay for energy. American drivers benefit from some of the cheapest gas outside the Middle East. A gallon of gas in the United … Continue reading

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Friday, December 3rd, 2010

The Price of Death (in 2010)

Perhaps we should expect some untimely deaths among the rich this month. This is the last month they are likely to get away with it tax-free. The tax-cut bill passed by the Bush administration in 2001 mandated that the estate … Continue reading

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