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Economix Blog: Tax Breaks: A Primer

Courtesy of Leonard Burman and Marvin Phaup. Sources: For tax expenditures as percent of gross domestic product, Government Accountability Office analysis of Office of Management and Budget, Analytical Perspectives, Budget of the United States Government, Fiscal Years 1985-2011; for count of provisions, Joint Committee on Taxation (annual tax expenditure compilations back to 1985), and author’s calculations.

Published by on February 22nd, 2012 at 08:02 pm
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Economix Blog: Are Manufacturers Really Special?

The Obama administration is undertaking an athletic push to promote manufacturing employment in the United States: proposing giving manufacturers new tax breaks, closing loopholes that benefit companies that send manufacturing jobs offshore, expanding worker training programs and increasing trade enforcement, for instance. The administration underscored manufacturing’s first-among-equals status when announcing its proposed overhaul of the corporate tax code on Wednesday

Published by on February 22nd, 2012 at 05:02 pm
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USD Index Breaches Critical Resistance- Next 24hrs are Key…

The greenback is markedly higher at the close of North American trade with the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR ) advancing 0.45% on the session after moving a full 103% of its average daily true range. Markets remained on the defensive today with lingering concerns over the ongoing EU debt crisis and rising crude prices continued to weigh on broader market sentiment. Equity markets closed well off session lows but held in the red with the Dow, the S&P, and NASDAQ off by 0.21%, 0.33%, and 0.33% respectively

Published by on February 22nd, 2012 at 04:02 pm
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Economix Blog: America’s 10 Most Sleep-Deprived Jobs

I just received a quirky little e-mail from Sleepy’s, the mattress chain, which hired researchers to analyze data from the National Health Interview Survey to determine which occupations, on average, produce workers who sleep the least and the most.

Published by on February 22nd, 2012 at 03:02 pm
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Australian Dollar Drop – Reversal or Buying Opportunity?

DailyFX Edge – Powered by EidoSearch Inc. DailyFX Edge combines the opinion of an experienced market analyst with the science of EidoSearch , a powerful pattern recognition tool.

Published by on February 22nd, 2012 at 02:02 pm
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