News
Bloomberg | Payroll-Tax Cut Talks Move Behind Closed Doors to Avoid Lapse
U.S. House and Senate lawmakers negotiating an extension of a payroll tax cut will begin moving their talks behind closed doors as they seek to resolve differences with less than three weeks before the tax break expires.
Bloomberg | Corporate Coalition Says Obama Investment Taxes Near World High
A coalition of business groups and companies including Altria Group Inc. and Xcel Energy Inc. is warning Congress that failing to extend tax breaks on investment income would make U.S. tax rates on capital gains and dividends among the highest in the industrialized world.
Econ Comments & Analysis
Fiscal Times | Taxing the Shrinking Class of Millionaires
President Obama's proposed "Buffett Rule" reminded me of a blog I wrote a few months ago on the impact of the recession on millionaire incomes and the taxes they pay.
The American | The Forgotten Man of the Tax Debate
Obama, Romney, and Buffett, listen up. In all the bickering over incentives and tax fairness, there has been little mention of the thing that matters most of all: cash.
AEI | A plausible first step toward tax reform
Tax reform perpetually tops policymakers' lists for ways to grow the economy, but a generation has passed since the last successful effort, the Tax Reform Act of 1986.
Blogs
National Review | On the Progressivity of the U.S. Federal Tax System
While I would rather not see taxes go up and would like to see a fundamental reform of the overall tax system, I am absolutely against the current state of affairs where we keep pushing the bill for our current spending onto future generations.
Tax Foundation | Oklahoma Governor Proposes “Most Significant Tax Cut in State History”
During her February 6th State of the State address, Oklahoma Governor Mary Fallin (R) proposed a plan to reform the state's income tax that she called "the most significant tax cut in state history."
