News
WSJ | Japan to Submit Bill to Double Sales Tax
Japanese Prime Minister Yoshihiko Noda's cabinet is set to endorse on a plan to double the national sales tax in three years, in a sign of the leader's determination to push ahead with fiscal reform as focus turns to the country's massive borrowing.
Econ Comments & Analysis
Washington Times | Tolling America’s future
Congress turns its attention this week to the five-year, $260 billion reauthorization of the Department of Transportation.
Roll Call | Negotiators Reach Deal on Extending Payroll Tax Cut
House and Senate negotiators announced late Wednesday evening a sweeping deal to extend a payroll tax cut, jobless benefits and Medicare doctor payments, overcoming several last-minute obstacles that appeared to imperil the bipartisan agreement.
WSJ | ObamaCare's Non-Tax Tax
The quicksilver qualities of the Affordable Care Act individual mandate penalties—what you pay if you don't buy government approved health coverage—are something to behold.
Blogs
The American | Actually, Obama is proposing raising taxes on the middle class
President Obama says he only wants to raise taxes on American households making over $250,000. But his new budget plan would hit middle-income folks pretty hard.
The American | My bright idea of the day: Take the payroll tax cut and use it to fund personal retirement accounts
It now looks like the 2-percentage-point payroll tax cut will be extended until the end of the year and not paid for. The $100 billion cost will simply be added to the already huge budget deficit. So what happens in 2013?