Taxes and Economic Growth

What Can the U.S. Economy Expect in 2006?

The U.S. and global economies are slowing, but there is no cause for alarm yet, according to an analysis released today by The Conference Board.

A reader's response to the article "The Effect of Income Taxes on Economic Growth"[

Mike publishes three user letters on stories about the Fair Tax, Oregon's proposed Mileage Tax, and on the Flat Tax.

Letter explains the link between small business outsourcing and slow job growth as shown in the August job numbers.

Article examines what the flat tax is and how it impacts the amount of tax paid by a taxpayer. Examines the difference between marginal tax rates and effect tax rates.

Economic Growth Expected to Slow in Major Economies During 2005 looks at economic growth forecasts for the developed world in 2004 and 2005

An essay by Bulent Temel which examines how well GDP per capita measures economic growth.

One of the most commonly discussed issues in economics is how tax rates relate to economic growth. Advocates of tax cuts claim that a reduction in the tax rate will lead to increased economic growth and prosperity. Others claim that if we reduce taxes, almost all of the benefits will go to the rich, as those are the ones who pay the most taxes.

We seem to be getting a lot of mixed messages lately. On the 4th of July it was reported that the unemployment rate hit a nine-year high. Not all the news is gloomy for the United States however. The Organization for Economic Co-Operation and Development or OECD for short issued a recent report indicating that both the American and Canadian economies are about to enjoy increased growth.

It's commonly assumed that an incumbent president has little to worry about if the economy is good and there are lots of jobs. However, if the opposite holds true, he should prepare for life on the rubber chicken circuit.