News
CNN Money | The corporate tax 'shell game'
If you want to lower the top rate to 25%, as House Republicans want, or 28%, as President Obama wants, you can't pay for it simply by cutting some business tax breaks, or even "dozens" as the president recommends.
Econ Comments & Analysis
WSJ | David Cameron's Tax Lesson
Speaking of higher taxes (and President Obama always does), there's news from once fair Britannia.
FOX Business | Small Business to Obama: Tax Plan Needs Rate Reform
The Obama administration’s proposal for corporate tax reform ignores what matters most to small businesses, a coalition of small-business advocacy groups says. While the overall plan is sound, critics acknowledge, it overlooks the fundamental need for rate reform.
Blogs
WSJ | Giving Tax Edge to Manufacturing Carries Risks
U.S. President Barack Obama and GOP candidate Rick Santorum recently released proposals that would give manufacturing enterprises a tax break. Santorum advocates factories pay no federal income tax at all.
Minyanville | Homeowners Who Negotiate Debt Relief Could Soon Face Massive Tax Bill
You bought your house when the market was high and then lost your job. In order to avoid foreclosure, you negotiated a short sale for half of what you paid, ruining your credit rating for years and draining your bank account. But there is a tiny silver lining
The American | Why conservatives should love consumption taxes
Strangely, or maybe not so strangely, many conservatives are repelled by the idea of a consumption tax because they think it is synonymous with a VAT, the fave tax of European social market economies. Indeed, the VAT has many fans among Obamacrats as a way of paying for government-run healthcare.
