Utah legislators are once again debating whether to eliminate the sales tax on food, in hopes of giving a break to lower-income households. But Eccles School professor Adam Looney argues in a new op-ed that while the proposal is laudable in its aims, it is based on a misinterpretation of economic data. Most of the benefit from eliminating the 1.75% state sales tax would [...]
Student debt relief has become a hot topic in the Biden administration, with many calling for across-the-board forgiveness. But Adam Looney, executive director of the Marriner S. Eccles Institute for Economics and Quantitative Analysis, says a more targeted approach is in order, since much of the debt - 36% - is owed by individuals in the top 20% of income distribution. Read Looney's full [...]
James Lee Sorenson donated $13 million to the David Eccles School of Business in 2013 to create the James Lee Sorenson Global Impact Investing Center. Sorenson has written about the importance of global impact investing to solve social problems around the world in an op-ed in the Nov. 15 edition of The Salt Lake Tribune.. Check out his insightful article by clicking here to find out more about [...]