~marginalrevolution | Bookmarks (3)

From a recent paper: We bring novel data to bear on these questions, presenting the largest empirical study of private security to date. We introduce an administrative dataset covering nearly 300,000 licensed private security officers in the State of Florida. By linking this dataset to similarly comprehensive information about public law enforcement, we have, for […] The post Data on private security forces appeared...

That is the topic of my latest Bloomberg column, here is one bit: California’s highest income tax rate is 13.3%. That is in addition to a top federal tax rate of 37%. California also has a state sales tax rate of 7.25%, and many localities impose a smaller sales tax. So if a wealthy person earns and […] The post The California tax burden is driving...

That is the theme of my latest Bloomberg column, here is the introductory bit: The broader historical trends show that the US tax-and-transfer system is getting more progressive, including in recent years. And the US government is increasingly redistributing wealth to the bottom half of the income distribution. And: The best information indicates that transfer income is […] The post Income redistribution through taxes and transfers...