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Thursday, January 31, 2013

Taxes

News                                                                                                                             
WSJ | U.S. Is Preparing More Tax-Evasion Cases
The U.S. is expanding its crackdown of offshore tax evasion, preparing numerous criminal cases against suspected offenders, defense lawyers involved in the cases say.
Washington Times | Virginia may start an end to gas taxes
Even though traffic often grinds to a standstill on some of its biggest highways, Virginia is suddenly attracting intense nationwide attention.
CNBC | 'Rich Tax' Puts California on Risky Path: Expert
California's governor is betting the wealthy will grow wealthier still to help right his state's finances, a wager that is expected to help the budget in the short term, but leaves it at risk of a revenue slump if assets such as stocks lose value.

Econ Comments & Analysis                                                                                            
Fortune | Cut your exposure to Medicare taxes
As Congress tackles entitlement reform, affluent retirees will be stuck with a growing tax bill. Here's how to keep it in check.

Blogs                                                                                                                             
CATO | The Great Hillsdale College Debate: Flat Tax or Fair Tax?
I’m at Hillsdale College in Michigan for a conference on taxation. The event is called “The Federal Income Tax: A Centenary Consideration,” though I would have called it something like “100 Years of Misery from the IRS.”