Senate Passes Marketplace Fairness Act: Real Battle to Be in the House
Last night the Senate passed the misnamed Marketplace Fairness Act (MFA), popularly known as the Internet sales tax, by a 69–27 margin. The troubling bill… Read More
Last night the Senate passed the misnamed Marketplace Fairness Act (MFA), popularly known as the Internet sales tax, by a 69–27 margin. The troubling bill… Read More
April 18 marks the 108th day of 2013. It is also Tax Freedom Day, as calculated by the Tax Foundation. Tax Freedom Day is the… Read More
Americans are waking up today to the worst “case of the Mondays” they’ll have all year: It’s Tax Day. Most Americans dread Tax Day, and… Read More
UPDATE: The official total tax increase in President Obama’s budget is now available in the Treasury Department’s “Green Book.” Treasury scores the total net tax… Read More
Under the leadership of Chairman Dave Camp (R–MI), the House Ways and Means Committee released draft legislation for improving the tax treatment of small business…. Read More
It has been nearly four years since the last time the Senate passed a budget. In that time, it hasn’t as much as proposed a… Read More
Two Members of Congress are reportedly trying again to impose an excise tax on certain financial transactions—i.e., the “Robin Hood tax.” A financial transactions tax… Read More
President Obama’s so-called Buffett Rule just won’t go away. It is back in its latest iteration because Senate Democrats proposed it to partially offset the… Read More
The federal income tax is now a centenarian. On February 3, 1913, the 16th amendment to the Constitution was ratified. The revenue the income tax… Read More
New Year’s Day was tough for taxpayers. Thirteen tax increases kicked in. The deal that Congress and President Obama struck that finally—but only partially—avoided the… Read More