A Little End of Semester Economic Humor

Sometimes Economics is referred to as "the dismal science", however even economists can have a sense of humor--especially those who write cartoons.  Enjoy!

Paul Ryan's Latest Tax Reform Plan

Last week Congressional Budget Chairman Paul Ryan proposed a new tax reform plan for fiscal year 2015.  This article from the New York Times reviews the plan.  A copy of the plan itself is linked below as well.

Ryan NY Times

Ryan Plan 2015

Tax Reform Proposal

The House Ways and Means Committee just released a proposal to significantly reform the current Federal Income Tax Code, including shrinking the number of tax brackets down to only two.  In 1986, the Code was 26,000 pages; it has since grown to over 70,000.  Ways and Means Chairman Dave Camp has proposed drastic changes.  Watch this brief video, then click the link below to review the Executive Summary of the proposal.





Tax Reform Proposal

Bill Gates and Minimum Wage

Bill Gates, who typically espouses more liberal views, was recently interviewed on MSNBC regarding the proposed hike in the minimum wage.

A Little End of Semester Economic Humor

Enjoy!

Utah's National Parks Reopen Under State Supervision

Utah Governor Gary Herbert, in an effort to repair the damage to Utah's economy from the closure of the national parks during the federal government shutdown, struck a deal with the Department of the Interior to reopen the parks under Utah State supervision.  Is it time for the state to take back control of federal lands to protect our own economic interests?

Debt Limit: Hype or Reality?

The current government shutdown has created a lot of discussion, finger-pointing and hype, but the upcoming debate on raising the debt limit could be even more volatile.  Here is an article from Greg Mankiw's blog that suggests the world will not end if the debt limit is not raised.  What do you think?

Is risk of default just hype?