News
National Journal | 'Fair Tax' Faces Bipartisan Opposition From Ways and Means
The partisan battle over raising the debt limit may be reaching a critical level, but House Ways and Means Committee members found common skepticism on Tuesday on a conservative plan to restructure the tax code around a flat sales tax.
Econ Comments
AEI | Waxman-Rockefeller Tax Is a Bad Deal for Senior Citizens
President Barack Obama and key congressional Democrats want a better deal on prescription drugs sold to seniors. But if they get it, seniors will pay billions of dollars more for their medicines.
WSJ | Robin Hood Can't Lead Us Out of the Debt Hole
Obama's obsession with higher tax rates on the rich is not helpful.
Blogs
ThinkMarkets | Tax Baseline Key to Debt Fight
But even if there are no new obligations, taxes are primed to go up. That baseline, biased in favor of a growing tax burden, is key to proposed deals and will no doubt remain the pivotal point in budget negotiations long after the current debt ceiling is broached.
