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Friday, December 21, 2012

Taxes

News                                                                                                                             
Washington Post | Struggling homeowners may lose critical tax break in fiscal cliff talks
Among the tax breaks at risk in the negotiations between the White House and Congress to avert the “fiscal cliff” is a measure aimed at helping struggling homeowners.

Econ Comments & Analysis                                                                                            
Washington Times | SCHATZ AND LAZOF: Raising taxes won’t fix bloated government
Federal agency overlap costs $400 billion a year.
WSJ | Will the Carbon Tax Make a Comeback?
A proposed levy on energy use sparked outrage and was abandoned. The president, it was said, had been 'BTU-ed.'
NY Times | A Tax Credit Worth Preserving
Lawmakers interested in simplifying the corporate tax code must take care to protect the low-income housing tax credit, which allows corporations to reduce their tax liabilities by investing in affordable housing.