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  • Tax VOX Do tax-free holidays make sense?

    Tax-free holidays are celebrated by politicians and retailers, but economists and policy analysts across the ideological spectrum condemn them as poorly targeted tax policy that produces little economic benefit. Is there any real fiscal benefit to tax-free holidays? 

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August 19, 2014

Photos of the Day 08/19

Tracer bullets ricochet off their targets as Japanese Ground Self-Defence Force tanks fire their machine guns during a night session of an annual training exercise at Higashifuji training field near Mount Fuji in Gotemba, west of Tokyo. Japanese battle tanks, helicopters and elite troops stormed the foothills of Mount Fuji in...

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