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Friday, May 4, 2012

Taxes

News                                                                                                                             
National Journal | Consensus Emerging Among Experts on New Revenue as Part of Tax Reform
Politicians may be divided over the goals of tax reform, but consensus is emerging among some of the top tax-thinkers in Washington that any overhaul will have to include a revenue increase.

Blogs                                                                                                                             
Minyanville | Why the Expiration of the Bush Tax Cuts Would Be an Implicit Austerity Measure
There was only one other time that tax revenues as a percentage of GDP grew materially faster than GDP, and that was during World War II.