News
CNN Money | No big tax cuts for Florida businesses
On Tuesday, Florida's lawmakers blocked Gov. Rick Scott's aggressive plan to cut corporate income taxes by $459 million in fiscal 2012.
Politico | New W.H. battle: Corporate taxes
The Obama administration is quietly gearing up for a high-profile launch in May or June on what may turn out to be the most heavily lobbied issue of the year: corporate tax reform.
CNN Money | Big Oil to Obama: Hands off our tax breaks
President Obama and Democrats in Congress are pushing to end $4 billion in subsides, saying that oil companies are profitable enough to bear the burden, while the government is in serious need of additional revenue.
Econ Comments
Washington Times | RAHN: We don’t need a tax increase
President’s plan to hit up the rich would mean slower growth for everyone
Washington Times | RIEDL: Myths of tax cuts for rich, spending cuts for poor
The nonpartisan Congressional Budget Office reports that the richest 20 percent of taxpayers now shoulder a record 86 percent of the federal income tax burden.
Blogs
Cato@Liberty | Seven Reasons to Oppose Higher Taxes
...if tax increases are not needed to balance the budget, then the only purpose they serve is to facilitate a bigger burden of government spending…
