News
WSJ | Tax Hit Looms on Mortgage Relief
Troubled homeowners who get a break from their mortgage lenders might not be so lucky with Uncle Sam, and could face hefty tax bills unless Congress acts to extend a key provision.
Fiscal Times | Treasury Needs a Tax Expert, Not a Wall St. Banker
With the virtual certainty that Treasury Secretary Timothy Geithner will be leaving his post shortly after the new year, there is much speculation about who might replace him.
Market Watch | Harkin: Tax high-speed traders to fill budget hole
Sen. Tom Harkin wants lawmakers to consider his financial transaction tax bill as they work on ways to resolve their differences on spending and taxes and the impending “fiscal cliff.”
CNN Money | How to raise taxes on the rich
The line in the sand in the fiscal cliff talks is clear: Democrats will only agree to a deal that raises the tax burden on high-income households.
CNBC | Complaints Aside, Most Face Lower Tax Burden Than in 1980
Alan Hicks divides long days between the insurance business he started in the late 1970s and the barbecue restaurant he opened with his sons three years ago.
Econ Comments & Analysis
WSJ | Costco's Dividend Tax Epiphany
When President Obama needed a business executive to come to his campaign defense, Jim Sinegal was there. The Costco COST +1.04% co-founder, director and former CEO even made a prime-time speech at the Democratic Party convention in Charlotte.
Blogs
Neighborhood Effects | What Was Wrong with the Bush Tax Cuts?
The fact is that the Bush tax cuts were deeply flawed, even from a free-market perspective. In a new paper with Mercatus program associate, Andrea Castillo, we contend
AEI | How much did we tax the rich during the greatest period of growth in American history?
People say, why worry so much about raising the marginal tax rate by a few percentage points? Do 4.6 points really matter, people like my colleague Michael “Tax and Spend” Strain and Louisiana Governor Bobby Jindal ask. Rates are “low” as they are, and it’s not like we’re talking about raising them to 75% here, they claim.
