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Monday, February 6, 2012

Taxes

Econ Comments & Analysis                                                                                            
Daily Finance | Why Your 2012 Tax Bill May Jump By $8,000
Thanks to yet another lapse by our lawmakers in Washington, more than 20 million taxpayers may pay a tax that was originally designed to hit only the ultra-rich -- and the increase could cost you as much as $8,000.
AEI | The misdirected tax debate and the small business stock exclusion
Intense debate continues over the appropriate level of marginal income tax rates, particularly as policymakers consider whether to extend part or all of the 2001 and 2003 tax cuts, which are currently scheduled to expire at the end of 2012.

Blogs                                                                                                                             
Neighborhood Effects | Governor O’Malley Ties Taxes to Educational Achievement
Maryland Governor Martin O’Malley has proposed several new taxes that he says are necessary to close the state’s $1.1 billion budget gap.
Heritage Foundation | Government Unions Support California Tax Hike
Two well-connected government unions in California are teaming with Gov. Jerry Brown to support a multibillion-dollar tax increase.