News
Bloomberg | Coming Lobbyist Brawl May (Really) Fix Our Taxes: Jonathan Alter
Lobbyists, of all people, may soon inadvertently bring us what lobbyists have long fought against - - a flatter, simpler tax code that offers fewer gifts for special interests. As a bonus, it would also help bring down the deficit.
Roll Call | Deficit Panel Faces Tax Fight
Democrats and Republicans are already disagreeing about what they agreed to in the recently signed-into-law deal to raise the debt ceiling, and not surprisingly, taxes are at the heart of the dispute.
Reports
Mercatus | Tax Rates and Migration
The term “millionaire tax” does not necessarily mean a tax imposed only on individuals earning more than a million dollars per year. Depending on the state, landing in the top income tax bracket could require earning more than $1 million (New Jersey, Maryland, and California) or as little as $200,000 (Hawaii and Ohio) or even $150,000 (Arizona).
