News
WSJ | Tax Plan Aims for 25% Cap
Republican Ways and Means Chief Also Would End or Trim Popular Deductions.
NY Times | Europeans Introduce Corporate Tax Plan
The European Commission, which made the proposal, estimated that the plan could save businesses 700 million euros ($973 million) a year in reduced compliance costs and an additional 1.3 billion euros ($1.8 billion) in tax benefits.
WSJ | Taking On Tax Breaks
The new provisions also come with a host of caveats and many lack permanency, making it difficult for owners to know which tax breaks are coming and going, and whether or not they qualify.
Econ Comments
WSJ | TARP Was No Win for the Taxpayers
Treasury's claim that the bank bailouts will return a profit ignores the other, more costly programs enabling the banks to repay their TARP funds.
Blogs
EconLog | Your Taxes at Work
From Third Way comes this clever exercise in numeracy: seeing how important various parts of the federal budget are by translating it into what you pay in taxes for each part.
