News
WSJ | Lien on Me: IRS Eases Debt Rules
In a rare show of leniency, the Internal Revenue Service on Thursday announced new rules designed to make it easier for people struggling with tax debts to climb out of the hole.
Bloomberg | Geithner Seeks to Broaden U.S. Corporate Tax Overhaul Debate
[The recommendation] ...would affect income earned by the nation’s largest law firms, investment partnerships and so-called S corporations. It would more than double, to about $3 trillion, the amount of business income potentially affected by tax-law changes.
Econ Comments
Barron's | Close the Online-Sales-Tax Loophole
Amazon seems to have the capability to collect tax in every state.
WSJ | The State Business Tax Revolt
Governors get a jump on corporate tax reform.
Blogs
Consumer Reports: Money Blog | Taxpayer Advocate: IRS's new tax lien policy doesn't go far enough
The IRS hasn't gone far enough to change its tax-lien policy, National Taxpayer Advocate Nina Olson said today.
Reports
Cato Institute | New Estimates of Effective Corporate Tax Rates on Business Investment
We find that the U.S. effective corporate tax rate on new investment was 34.6 percent in 2010, which was the highest rate in the OECD and the fifth-highest rate among 83 countries.
