News
Bloomberg | Fiscal Cliff Crisis Rooted in Senate Ploy to Pass Bush Tax Cuts
In early 2001, Paul O’Neill, the new Treasury secretary, began work on a plan for radical tax reform. He wanted simpler forms and fewer deductions, which would make it easy for people to prepare their taxes and cost the government less to process them. He presented a five-inch-thick binder of research to a senior White House official.
Econ Comments & Analysis
Washington Times | Dodd-Frank’s small-business lending time bomb
After two years of the Dodd-Frank Wall Street Reform and Consumer Protection Act, a few of the landmines hidden in its hundreds of pages are starting to come to the surface.
