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Tuesday, November 29, 2011

Taxes

News                                                                                                                             
Politico | Rob Portman holds out hope for tax reform
A week after the supercommittee’s collapse, Sen. Rob Portman said Monday he’ll unveil a corporate tax reform plan early next year that builds off a framework negotiated by the failed bipartisan deficit panel.

Econ Comments                                                                                                             
Market Watch | Tax tips for the wealthy and the destitute
It’s not news that the supercommittee didn’t commit. We’re sitting here in November, once again, waiting for legislation that will or won’t extend certain tax benefits, like the 2% reduction in Social Security withholding.
Washington Times | RAHN: Tooth-fairy tax policy
High-tax advocates are either credulous or envious of wealthy.

Blogs                                                                                                                             
Hill: Floor Action Blog | Dems propose 3.25 percent tax on millionaires to offset payroll tax cut extension
Senate Democrats on Monday put forward a plan that would call for a 3.25 percent tax on modified adjusted gross income above $1 million in 2012, which would be used to pay for a payroll tax extension.