Econ Comments & Analysis
Politico | Kill estate tax, unlock assets to help economy
A crisis of tax policy is expected at the end of this year, when a bundle of deferred decisions and bills all come due at once. Tax writers, while grappling with the federal deficit, must also confront a slew of scheduled tax rate increases, as the Bush tax cuts and the payroll tax cuts expire and temporary fixes end.
WSJ | A Bipartisan Tax Repeal
Bipartisanship arrived in Washington on Thursday, not that many in the media will hail it. That's because the sweet harmony involved a 270-146 House vote to repeal ObamaCare's 2.3% excise tax on medical devices.
Blogs
Heritage Foundation | Taxmageddon Veto? Obama’s Recent History Suggests Otherwise
It is curious that President Obama continues to oppose a full extension of the Bush tax cuts. Two years ago he was in a similar position, and wisely chose to reverse course. For the sake of the economy, one can only hope he does so again.
