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August 25, 2014
COMMENTARY – by Michael J. Hicks, Ph.D.
It is the laws of economics, not government rules, that determine who bears the burden of taxation.
Among the most malunderstood concepts in public policy is the economic incidence, or burden of taxes. One unfortunate result is a good bit of bitterness and calumny over the subject of who pays their fair share of taxes. A bit better understanding is in order.
Read the full text: Who Actually Pays Taxes Isn't an Easy Guess
Last week's commentary: Embrace the College Experience
Congratulations to web development manager Graham Watson for earning the Miller College Dean's Outstanding Staff Award and congratulations to CBER director Michael Hicks on being named the George and Frances Ball Distinguished Professor of Economics.
Have you read a news article about a CBER project or study? Most of our work is available to the public through our project database. You can search our archives by subject, client, and year of publication.
CBER Projects and Publications Archive: http://projects.cberdata.org
DID YOU KNOW? – by Dagney Faulk, Ph.D.
The Center for Business and Economic Research recently released the report Key Economic Sectors in Indiana: State Overview. The report provides a detailed analysis of industry share, demand growth, import share and value added, employee compensation, import growth, occupations, earnings and related measures for four large industry sectors: advanced manufacturing, biosciences, emerging media and information technology, and logistics; along with subsectors. More detailed analysis for each workforce development region in the state is forthcoming.
One of the takeaways of this report is that the share of footloose jobs in the U.S. has dramatically decreased over the past half century, but Indiana still retains a large share relative to other states.
ECONOMIC INDICATORS – View all economic indicators (CBER Data Center).
TUESDAY: U.S. Durable Good Orders
THURSDAY: U.S. Gross Domestic Product
FRIDAY: U.S. Personal Income
|Center for Business and Economic Research
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