News
National Journal | State Tax Revenue Up 10.8 Percent in Second Quarter
The gain marked the sixth straight quarter of growth for states’ revenue, though rates were not adjusted for inflation, according to The Wall Street Journal. The increase was the largest in six years.
National Journal | Camp Presents Overseas Tax Plan to Please Big Business
The top Republican tax writer in the House unveiled the first formal draft of an international taxation plan on Wednesday that would drop taxes for companies earning profits overseas, a move that has been widely criticized by Democrats as a handout to already rich companies.
Econ Comments
Washington Times | MILLER: Super opportunity for job growth
Congressional sources say the bipartisan, bicameral group has been discussing cutting the corporate tax rate to 25 percent as part of its final recommendations.
