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Monday, February 13, 2012

Taxes

News                                                                                                                             
Roll Call | Payroll Deal Deadline Looms
Despite a week of public grousing and finger-pointing, payroll tax cut conferees and staff still hope their ultimate deal will avoid both a tax increase and a reaffirmation of a do-nothing Congress.
National Journal | Obama to Release Corporate Tax Reform Plan at End of February
The president plans to release a proposal for corporate tax reform by the end of the month, according to senior administration officials on Friday, though details of the proposal remain murky.
Market Watch | Congress eyes retirement-plan tax benefits
You’d think a legislative bill to fund the nation’s highways and mass-transit systems would have no connection to your retirement savings. But that didn’t stop lawmakers from proposing an amendment to the bill that would have trimmed a valuable retirement-plan benefit.
Washington Times | Obama wants payroll-tax-cut action as deadline nears
President Barack Obama is pressuring Congress to extend a payroll tax cut for the rest of the year as another deadline nears for Congress to act or see taxes go up for millions of working people.
CNN Money | Obama budget: Tax plans aim at rich
When it comes to taxes, President Obama's 2013 budget proposal on Monday is expected to include a host of repeat performances. In fact, many of the proposals he'll make have appeared in every budget Obama has put out since taking office.

Econ Comments & Analysis                                                                                            
Washington Times | Obama’s war against success
Raising taxes on Americans is the centerpiece of his re-election campaign, a plan that respects no earthly or heavenly bounds. This became clear at the national prayer breakfast earlier this month where Mr. Obama oddly opined that tax hikes coincide with the teachings of Jesus Christ.
Real Clear Markets | A Swiss Response to American Fiscal Imperialism
Switzerland is in the unfortunate position of being bullied and harassed by the U.S. government. The crux of the problem is that the United States arguably has the world's worst tax system for international activity

Blogs                                                                                                                             
Tax Foundation | Michigan Implements Positive Corporate Tax Reform
Michigan lawmakers approved significant corporate tax reform last year that went into effect at the beginning of 2012. Previously Michigan had a dual corporate tax system called the Michigan Business Tax (MBT).