Lunch Links: Boring Tax Decrees and Ancient Egypt; 40% E-Cig Tax in Pennsylvania; Mississippi Tax Reform Effort Launched
July 15, 2016
Today is July 15, the date in 1799 when the Rosetta Stone was rediscovered in Egypt by a French soldier. The stone, a boring tax decree issued by Pharoah Ptolemy V in 196 BC, is notable because it provides three versions of the decree in hieroglyphs, Demotic script, and Ancient Greek. The stone thus enabled modern day scholars to understand hieroglyphs.
Here are some interesting links I came across:
- Details on the Renacci Tax Reform Plan: Rep. Jim Renacci (R-OH) has a tax reform proposal; check out our analysis here. (Washington Examiner / Tax Foundation)
- Trump Names Indiana Governor Pence as Running Mate: Trump made the formal announcement today. Pence has built on the tax reform efforts under previous Governor Daniels and worked with legislators to promote broad-based income tax cuts and business property tax reforms while governor of Indiana. (Tax Foundation)
- The Complexity of the Earned Income Tax Credit: The tax credit, aimed at low-income workers, is so complex to figure out that most have to pay someone to calculate their eligibility. My colleague Amir El-Sibaie put charts together to show how it works. (Tax Foundation)
- Mississippi Launches Tax Reform Effort: Legislative tax study groups will prepare recommendations. (Jackson Clarion-Ledger)
- Pennsylvania Taxes E-Cigarettes at 40 Percent: My colleagues review the new tax, passed as part of the budget. (Tax Foundation)
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