News
National Journal | As Cliff Looms, IRS Braces for Chaos
At the beginning of each year, the Internal Revenue Service issues forms and instructions to help employers calculate tax withholding from workers’ paychecks. The new year is also crunch time for issuing guidance to taxpayers before the April filing deadline. The process is always hectic, but in 2013, it could be especially chaotic.
Econ Comments & Analysis
Real Clear Markets | How Tax Reform Became a Conservative Cause
For decades liberals railed against the gradual evolution of the federal income tax into a morass of special provisions benefitting individual interests at the expense of the average taxpayer. Under that system, tax rates became meaningless for some households and companies because what they paid depended on how many special exemptions they could claim.
