News
CNN Money | Obama corporate tax reforms out in coming weeks
President Obama's plan to reform the corporate tax system will come out in the next few weeks, Treasury Secretary Tim Geithner told a Senate panel Tuesday.
WSJ | Geithner Says Business-Tax Plan to Target Breaks
The Treasury Department in the coming weeks will propose new corporate-tax rules that cut rates while eliminating many loopholes, measures meant to simplify the code while increasing the number of companies that contribute to government coffers.
NY Times | Tentative Deal Reached to Preserve Cut in Payroll Tax
Members of a House-Senate committee charged with writing a measure to extend a payroll tax reduction and provide added unemployment benefits reached a tentative agreement Tuesday evening
Politico | Payroll-tax cut, unemployment benefits: Tentative deal reached
Congressional leaders broke an impasse Tuesday that threatened the finances of millions of Americans and an institution that couldn’t drop much lower in public esteem with further damage.
National Journal | Geithner Says Tax Reform Plan Won't Be 'Comprehensive'
The Obama administration will issue only a framework for corporate tax reform within the next few weeks, Treasury Secretary Tim Geithner told the Senate Finance Committee on Tuesday.
Econ Comments & Analysis
WSJ | Picking Up Obama's Gauntlet on Taxes
Mr. Romney might give his candidacy some life with a straightforward promise: Tax reform will deliver prosperity, and I will deliver tax reform. His campaign would finally have a theme for its pudding.
The American | How Taxing the Rich Harms the Middle Class
President Obama’s budget speech on Monday expanded on the theme of economic “fairness,” like his State of the Union speech in January.
WSJ | Payroll Progress
The political class seems to have decided by acclamation that the GOP is "caving" or "backing down" on the payroll tax holiday, so permit a polite dissent.
Freedom Works | A win-win solution for the GOP on payroll taxes
There's an easy way for the GOP to reclaim the tax issue, amazingly stolen from them this past year by the Democrats with their clever payroll tax cut. It's called the SSPICE Act, and embracing it would do the politically beleaguered Republicans a world of good.
Blogs
WSJ | Permanent Cut to Payroll Tax Unrealistic, Geithner Says
As Congress wrestles with how to extend a payroll-tax cut through 2012, one Democratic lawmaker raised an issue that is lurking below the surface of the debate: why not permanently reduce the tax?
The American | Obama budget would make U.S. corporate tax code even less competitive
As a new study by the Tax Foundation found, “Corporate income taxes have a highly significant and negative effect on long-term growth.” And an OECD study concluded thusly: “Corporate income taxes appear to have the most negative effect on GDP per capita.”
