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Wednesday, May 30, 2012

Taxes

News                                                                                                                             
Politico | GOP softens anti-tax rhetoric
Cracks are emerging in the GOP’s hard-line stance against raising tax revenues to slash the deficit, with a number of Republicans willing to go further than their party’s standard-bearer in the face of a looming showdown over the budget.

Econ Comments & Analysis                                                                                            
Daily Caller | Shallow-loss programs could leave taxpayers in deep trouble
Imagine what would have happened if, at the peak of the housing bubble in 2006, Congress had passed a law guaranteeing that all homeowners could sell their property at close to its record price for the next five years, regardless of market conditions.

Blogs                                                                                                                             
FOX Business | Why Taxing 'The Rich' Doesn't Work
If you want to understand politics, all you have to do is think back to third grade. Even at 8 years old, it was probably clear to you that the only reason the class bully picked on weak kids was because they were unable to defend themselves. That’s exactly the strategy driving proposals to raise tax rates on corporations and “The Rich.”