News
WSJ | Higher Taxes Yield to Budget Cuts in States
Forty-six states began a new fiscal year Friday after lawmakers spent the spring hashing out budgets that largely avoid big tax increases in favor of budget cuts and curbs on pay and benefits for public employees.
Econ Comments
Washington Times | MILLER: Tax for tax
Debt ceiling deal hinges on balancing tax hikes and tax relief.
NYT | Taxes and Billionaires
So take a look at one of the tax loopholes that Congressional Republicans are refusing to close — even if the cost is that America’s credit rating blows up. This loophole has nothing to do with creating jobs and everything to do with protecting some of America’s wealthiest financiers.
