Tax Foundation in Last Week’s Editorial Pages … and the Best of the Blogosphere
January 26, 2009
Last week was a good one for the Tax Foundation appearing in newspaper editorial pages. Here’s a sampling:
David Lazarus, columnist for the Los Angeles Times, uses Treasury Secretary-designate Timothy Geithner’s tax mistakes to make a larger point about the tax code’s complexity:
Add yet another thing to President-elect Barack Obama’s to-do list: Tax reform.
If Timothy Geithner — the guy Obama wants to run the Treasury Department — could make $34,000 worth of mistakes on recent federal tax returns, then clearly this is a system so bloated and complex as to be incomprehensible to all but the most pointy-headed accountants.
“The system has gotten out of hand,” said Bob Carroll, vice president for economic policy at the Tax Foundation, a nonpartisan Washington think tank, and former deputy assistant Treasury secretary for tax analysis in the Bush administration.
“Year in and year out, Congress and whichever administration is in power adds more layers to the tax code. And it will keep getting worse.”
The Baltimore Examiner‘s editorial board tells the Maryland legislature that they need to try anything but tax increases:
That’s why rescinding the melee of new taxes that took effect in 2008, and returning to 2005 tax policy is essential for Maryland, said Donna Arduin, a former state finance and policy adviser in California, Florida, Michigan and New York. She is one author of the MPPI report who spoke at a policy forum in Annapolis last week. Maryland’s economic climate was slightly below average for the nation before the tax increases and now is the fourth-worst in the nation according to the Tax Foundation.
The Pittsburgh Tribune-Review‘s editorial board bemoans the “state of exodus” Pennsylvania is going through:
Why are people leaving? Consider annual rankings by the nonpartisan Tax Foundation:
Pennsylvania slipped from its meager ranking of 30 to 28 on the foundation’s State Business Tax Climate Index from fiscal years 2008 to 2009. (A higher score reflects a more favorable tax system for businesses.)
And Pennsylvania’s punishing corporate income tax comes in second behind Iowa as the worst among states.
And in this week’s Best of the Blogosphere:
- Hoosier Access‘s Brian Simka writes about a panel discussion regarding property taxes hosted by the St. Joseph County (IN) Republican Party, featuring Staff Economist Josh Barro‘s remarks on the 1,2,3 plan.
- Bill from the Mortgaged Future blog features tax data on Connecticut from our Center for State Fiscal Policy.
- Citizen Paine Blog cites our recent report on cigarette taxes to scold Congressman Patrick Murphy for voting for reauthorization of S-CHIP.
- Rob Weir from An Antic Disposition uses our Tax Freedom Day concept to come up with his own: the monopoly tax and monopoly freedom day.
- Matt Hurley of Weapons of Mass Discussion cites Ohio’s 47th place ranking in our 2009 State Business Tax Climate Index.
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