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Americans Now Spend More on Taxes Than Food, Rent, and Clothing Combined—Here’s Why It’s Getting Worse

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The Rising Cost of Living: Why Federal Taxes Are Driving the Affordability Crisis

the staff of the Ridgewood blog

Trenton NJ, , Affordability is one of the most pressing issues facing households in New Jersey and across the nation . While inflation and rising housing costs dominate everyday headlines, one major expense often gets overlooked: taxes.

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Corporate Tax Inversions Made Simple

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Corporate Tax Inversions Made Simple
By Chris Edwards

Numerous responses to my article in the New York Times yesterday about corporate tax inversions indicated a lack of understanding. Related articles by Levin, Johnston, and Huang similarly suggested that further enlightenment is needed.

The following chart should simplify the issue for NYT readers, columnists, and policymakers.

All data from KPMG. Global average is for 134 countries.