Soomi Lee

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    Why an emergency Universal Basic Income makes sense during the Covid-19 pandemic

Why an emergency Universal Basic Income makes sense during the Covid-19 pandemic

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Aside from the human cost, the Covid-19 pandemic is expected to have massive negative effects on the worldwide economy. Soomi Lee writes that the introduction of an emergency Universal Basic Income would help reduce the effects of the expected downturn and provide some financial security for people by immediately giving all adult Americans $1,000, regardless of their circumstances. 
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    When it comes to controlling taxes in the long term, supermajority rules in state legislatures are more symbolic than effective

When it comes to controlling taxes in the long term, supermajority rules in state legislatures are more symbolic than effective

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In 16 US states, a supermajority of legislators must agree on any new, or increase in existing taxes. But do such supermajority rules deter state legislatures from increasing taxes on citizens? In new research, Soomi Lee finds that in the short term, supermajority rule reduces the tax burden, but that this effect disappears after about 12 years.

In a democracy, […]

March 26th, 2019|Economy, Soomi Lee|0 Comments|
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