So, That’s Where The Tax Dollars Go
Third Way, a centrist policy organization in Washington, D.C., recently prepared an online calculator that shows where federal income tax dollars go. Click on the image below to access the calculator and generate a “tax receipt.”
Around The Dial – 3/30/11
Economic policy reports, blog postings, and media stories of interest:
- Calculated Risk looks at the latest housing price data.
- Naked Capitalism points out more flaws of infrastructure deals.
- Paul Krugman fights zombie ideas.
- The National Skills Coalition praises the SECTORS Act.
- Brad DeLong points out that rich is still rich.
American Views Of Inequality
The PBS NewsHour reports on how Americans think about the nation’s 31growing levels of income inequality.
Watch the full episode. See more PBS NewsHour.
Service Activity In the South Atlantic: March
From the Federal Reserve Bank of Richmond’s latest survey of service-sector activity in the South Atlantic (District of Columbia, Maryland, North Carolina, South Carolina, Virginia and West Virginia):
Activity in the broad service sector picked up in March, pushed by gains at non-retail firms, according to the latest survey by the Federal Reserve Bank of Richmond. Retail sales activity remained soft, with continued weakness in big-ticket sales. Shopper traffic flattened and retail inventories dipped compared to a month earlier. In contrast, revenues climbed sharply at non-retail services firms. Overall, survey respondents expected business to strengthen during the next six months.
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In service sector labor markets, the report was mixed; retailers reduced payrolls and services firms added new employees. Average wage growth intensified, particularly at services-providing firms.
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Price growth inched up in March and survey respondents anticipated somewhat faster increases during the six months ahead. However, their outlook was little changed from last month’s prediction.
Around The Dial – 3/29/11
Economic policy reports, blog postings, and media stories of interest:
- The News & Observer reports on unemployment insurance financing.
- Rortybomb looks in on the UK’s stab at “growth through austerity.”
- Joseph Stiglitz explains why he didn’t sign the deficit level.
- Paul Krugman isn’t impressed by the President’s negotiating skills.
- Off the Charts busts some budget shortfall myths.
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