Econ Comments & Analysis
Heritage Foundation | Taxmageddon: Massive Tax Increase Coming in 2013
If President Obama and Congress fail to act this year, an enormous, unprecedented tax increase will fall on American taxpayers starting on January 1, 2013. The Washington Post called the looming tax increase “Taxmageddon,” and Federal Reserve chairman Ben Bernanke called it a “massive fiscal cliff.”
Blogs
CATO | General Services Administration: Let the Taxpayers Eat Cake
The head of the General Services Administration, which is the federal government’s procurement and property manager, has resigned in the wake of a report from the agency’s inspector general that uncovered extravagant spending at a GSA “training conference” in Las Vegas.