News
WSJ | City's Tax Plan Vexes Homeowners
A shake-up of the way this city levies property taxes has sparked divided reactions among Philadelphians, as homeowners in recently gentrified neighborhoods fear hefty increases in their bills but other residents—and some owners of commercial buildings—are enjoying the prospect of paying less.
Econ Comments & Analysis
Washington Times | Washington still not serious about corporate tax reform
We avoided the “fiscal cliff” — for now. Sequestration is upon us. The next looming opportunity for a fight between Congress and President Obama over taxing and spending is March 27, when current fiscal year funding for federal government operations ends. Will that be the moment when our elected officials finally get serious about corporate tax reform?
WSJ | The Revenue Deficit From Progressive Tax Rates
The two policies that national Democrats blame for massively unbalanced federal budgets—the Bush tax cuts and the wars in Iraq and Afghanistan—have been largely repealed. Yet deficits are projected to average $700 billion a year over the next decade before rising again to $1 trillion.
Blogs
Heritage Foundation | Ways and Means Small Business Tax Reform Proposal a Positive Step
Under the leadership of Chairman Dave Camp (R–MI), the House Ways and Means Committee released draft legislation for improving the tax treatment of small business.
