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Wednesday, January 18, 2012

Taxes

News                                                                                                                             
Fox News | Congress revisiting bruising payroll tax cut fight
With television lights glaring, 20 lawmakers will gather next week to revisit the fight that consumed Congress before Christmas over renewing a Social Security payroll tax cut and unemployment benefits.
WSJ | Politics, Tax Code Said to Stymie U.S.
According to Harvard Business School graduates, political gridlock, faltering schools, and a convoluted tax code are making American companies less competitive in the global marketplace.
NY Times | Parties Confident of Extending Payroll Tax Cut
With both parties largely in agreement on a yearlong extension of President Obama’s payroll tax cut, the fight in Congress over the coming weeks will boil down to how to pay for it, and Democrats appeared to hold the advantage as members of the House returned to Washington on Tuesday.

Econ Comments & Analysis                                                                                            
Forbes | We Don't Want Washington Wasting Warren Buffett's Money
Higher taxes aren’t altruistic.
AEI | Needed: a new Laffer Curve
Today we need a new Laffer Curve—for regulation.