News
Washington Times | Reid proposes cutting taxes for small businesses
Senate Majority Leader Harry Reid is borrowing from the Republican playbook by proposing a series of tax cuts, including a measure being considered this week to extend tax breaks to small businesses.
Politico | Obama takes middle class tax-cut to campaign trail
President Obama took his tax cut push to the campaign trail on Tuesday, as he continued his efforts to appeal to middle class voters.
Econ Comments & Analysis
Washington Times | Escape from Maryland
When times are tight, people look for potential savings wherever they can. Increasingly, Marylanders living under the oppressive tax regime of Gov. Martin F. O'Malley have realized they can get a better deal by packing their bags and heading for the Old Dominion.
Politico | CBO: Fed tax rates hit historic low
The average tax rates for American households reached a historical low in 2009, according to a report issued by the non-partisan Congressional Budget Office.
CBO | The Distribution of Household Income and Federal Taxes, 2008 and 2009
The recent recession has had a substantial impact on income, the amount of taxes owed, and average tax rates. Changes in households’ before-tax income and average tax rates in 2008 and 2009 were substantial and differed markedly across the income distribution.
CATO | Obama: Tax 'the Rich'
By some counts, this represents the 25th time the president has rolled out this proposal — something to keep in mind the next time he warns against “refighting the battles of the past” over something like repealing Obamacare. Regardless, repetition hasn’t done anything to improve either the policy or the president’s truthfulness in describing it.
Blogs
Heritage Foundation | Reid’s Unconstitutional Gambit on Small Business Taxes
Senate Majority Leader Harry Reid (D–NV) is trying to use the Senate to message on tax issues. The problem is that this political ploy is unconstitutional.
