News
CNN Money | 4 tax breaks for parents on the chopping block
Many low-income parents could see their tax bills jump by thousands of dollars next year if nothing is done to stop a series of tax breaks from expiring January 1.
WSJ | Eleven European Countries Support Tax on Transactions
Eleven European Union countries on Tuesday said they want to levy a tax on the trading of bonds, shares and derivatives, as governments try to recoup some of the cost of the financial crisis.
Econ Comments & Analysis
Washington Times | Wanted: Tax reform Reagan would love
The tax code has become an object of ridicule — and intense scrutiny — for both political parties, just as it was in the 1980s. Then, as now, news stories about tax inequalities stirred public outrage. Closing special-interest loopholes was an obsession then, as it is now, as government officials scramble for revenue to avoid a fiscal cliff.
FOX Business | Is it Time to Switch to a Consumption Tax?
The first presidential debate covered a topic dear to my heart: tax relief to Middle America. Both sides agree that something must be done, but they differ on the best way to provide relief.
Blogs
Heritage Foundation | Bloomberg and Obama Misrepresent Tax Hikes on Small Business
In the recent presidential debate, President Obama said that only 3 percent of small businesses would pay higher rates under his plan to increase the top two marginal tax rates. The implication was that job creation wouldn’t suffer, because so few businesses would pay higher tax rates under his plan.
Tax Foundation | Chart of the Day: Payroll Taxes and Refundable Credits
Refundable tax credits exceed the payroll taxes paid by millions of workers.
