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Tuesday, April 26, 2011

Taxes

News                                                                                                                             
CNN Money | America's richest tax breaks
Today, there are dozens of tax credits, deductions and exclusions that cost federal coffers more than $1 trillion a year. That's a little more than a third of all annual federal spending.

Econ Comments                                                                                                             
Washington Times | NUGENT: Punishing the producers
Obama’s class-warfare strategy will only make the deficit larger.

Blogs                                                                                                                             
NRO: The Corner | The Internet Tax Threat Is Here Again
The issue is back and states are arguing, once again, for a way to put their hands on some of the cash made by out-of-state companies that sell you good and services on the Internet.

Reports                                                                                                                         
Heritage Foundation | A Rose by Any Other Name: Clarity on Tax Hikes
A tax hike occurs when, as a consequence of a change in the tax law, total tax receipts are projected to be higher than they would be under current policy using traditional quasi-static scoring employed by the Treasury Department and by the congressional Joint Committee on Taxation.