Reid Throws Major Roadblock in Front of Tax Reform
Senate Majority Leader Harry Reid (D–NV) has just thrown a roadblock in front of tax reform that could stall the strong momentum that has been… Read More
Phil Gramm’s Excellent Tax Reform Game Plan Has Just One Flaw
The momentum for tax reform continues to build. Adding to it is former Senator Phil Gramm (R–TX), who wrote an op-ed in The Wall Street… Read More
Baucus–Hatch “Blank Slate” Tax Reform a Positive Step but Too Narrowly Focused
Chairman of the Senate Finance Committee Max Baucus (D–MT) and Ranking Member Senator Orrin Hatch (R–UT) recently proposed a “blank-slate” approach to tax reform. This… Read More
Morning Bell: What Did Apple Do Wrong?
Members of Congress called Apple executives to testify on Capitol Hill yesterday. Why? Because the company makes money overseas, and some Senators want to get… Read More
House Republicans Are Right to Focus on Spending Cuts as Part of Debt Ceiling Increase
This week, the House Republican conference met to discuss what their priority will be in connection with any vote to increase the debt ceiling. This… Read More
Morning Bell: Where Did Your Tax Dollar Go?
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
EconomyNews
Hunting for Surprises in the Obama Budget
It is somehow fitting President Obama released his budget for Fiscal Year 2014 after Easter, a mere 65 days late—but who’s counting? Fitting because going… Read More
Yet Again, Obama Calls for Reducing Charitable Contribution Deduction
Like past budget proposals, President Obama’s new budget plan calls—again—for lowering the charitable contribution deduction. The current tax code allows individuals to deduct their giving… Read More
Senate Budget Tax Plan: Slowing Opportunity for Americans to Grow Income
Senator Patty Murray’s (D–WA) budget tax plan directly calls for $975 billion in new tax increases over the next decade. Indeed, the Senate budget is… Read More
Ways and Means Small Business Tax Reform Proposal a Positive Step
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
