"The Missing Reform: Regulatory Tax Credits"

Good, good stuff. If you have time to read the .pdf, I recommend it. If not, here’s the executive summary.

(h/t Jon G, via Twitter)

4 Replies to “"The Missing Reform: Regulatory Tax Credits"”

sdferr says:

November 10, 2011 at 12:58 pm

It seems an idea with merit . . . yet, it also has the texture of an ex-post facto kludge to it (judging solely from the summary, since I haven’t read down into the pdf yet), which under a simpler tax scheme and more natural American limited government vision, wouldn’t or shouldn’t be necessary in the first instance. But so long as that vision isn’t actual, this deserves a serious look.
Squid says:

November 10, 2011 at 1:39 pm

Even if we succeed in reining in the feds, there still exists an unbelievable amount of cruft at the state level. Making the state capitols pay a price for the stupid, counterproductive regulations they create to protect the unions and guilds would at least give us some sort of incentive to dangle in front of them as we advocate to abolish said stupid regulations.
SDN says:

November 10, 2011 at 5:16 pm

Yeah, Squid, but right now the standard come-back is “The feds require us to do this on pain of losing fed bucks.” Take that excuse away.
RTO Trainer says:

November 11, 2011 at 8:03 am

Current tax receipts are about 14% of GDP and regulatory costs are about the same. That alone would seem to be damning of the regulatory schedule.

Comments are closed.