by Zachary Janowski | Apr 25, 2012 | General, Health Care
My latest post for HealthJusticeCT attacks two aspects of government health spending. First, buying healthcare for people is inefficient because they may prefer to have something else. This inefficiency is part of the reason taxpayers don’t get their...
by Zachary Janowski | Apr 24, 2012 | Features, General, Taxes & Spending
An audit of the Commission on the Deaf and Hearing Impaired found certain interpreters overbill the agency which leads to higher costs for clients who use their services. The Auditors of Public Accounts said interpreters employed by the commission use labor grievances...
by Zachary Janowski | Apr 20, 2012 | It Could Happen Here
The Japanese government wants to raise sales taxes twice before 2015, doubling rates from 5 percent today to 10 percent, according to the Wall Street Journal. The Journal reports that Japanese officials are short half the dollars they want to spend this year. Doubling...
by Zachary Janowski | Apr 19, 2012 | Features, General, Taxes & Spending
When average Connecticut taxpayers completed their returns for the deadline earlier this week they may have paid marginal rates higher than the state’s top tax bracket because of the way the state phases out certain deductions. Marginal taxes determine how much of the...
by Zachary Janowski | Apr 19, 2012 | General
What is the difference between a marginal tax rate and a tax bracket? A tax bracket is a range of taxable income that is subject to a specific tax rate. The Federal income tax, for example, currently has six tax brackets, ranging from 10 percent to 35 percent: Let’s...