Pages

Wednesday, February 27, 2013

Taxes

Econ Comments & Analysis                                                                                            
Washington Times | Leveraging taxes with sequestration
President Obama was back on the campaign trail Tuesday, preaching doom and gloom over the approaching budget cuts that will likely take place in March.
Fortune | The hidden tax Washington doesn't want you to know
Okay, middle-class taxpayers: Listen up. Our national government in Washington is screwing you again. This time the screwing involves the way that two new income tax surcharges, supposedly designed to affect only the "rich," will reach deeper and deeper into the middle class unless something is done now to rein them in.
NY Times | In Wall St. Tax, a Simple Idea but Unintended Consequences
Some say that a financial transaction tax is a cost-free way to kill many a bird with one stone — raising revenue, preventing financial crashes and making markets safer. But advocates of this neat idea conveniently ignore the century of less-than-successful experience with this tax, including New York State’s own failed attempt.
CRS | Medical Device Excise Tax Regulations
This report provides a brief overview of the recently enacted Treasury regulations and the legal implications of the regulations.