News
WSJ | Tax Refunds Fall Due to Fiscal-Cliff Deal
The January budget deal to avoid the "fiscal cliff" has delayed refunds and boosted tax collections, helping to narrow the budget deficit and possibly giving lawmakers more time to craft an agreement to increase the federal government's debt ceiling.
Econ Comments & Analysis
Fortune | Cost of being Too Big to Fail: Now just $28 million
For the big banks, the Federal Reserve's stick remains pretty rubbery.
WSJ | Death Tax Made More Deadly
An abiding lesson of the Obama Presidency is that no tax increase is ever enough. So it's not surprising that the President's new budget includes an increase in the death tax only three months after the last increase.
Daily Caller | The gloomy prospects for tax reform
Is tax reform impossible? That’s a depressing topic to address on Tax Day, particularly since I’ve spent the past 20 years pushing for tax reform.
Real Clear Markets | The Medical Device Tax Hurts Weak, Strong, Sick and Healthy
Americans were reminded on April 15 about the painful financial burden that our government places on its citizens. Other taxes, while less visible, are also painful.
Bloomberg | As Tax Day Passes, the Tax Grope Begins
That is the attitude of Americans toward tax authorities. Citizens have resigned themselves to the new rates, official and public, that will apply this year to long-agreed-upon definitions of taxable income. Traditional income is fair game.
Blogs
Mercatus | Film Tax Credits Don't Give States An Economic Boost
From Massachusetts to North Carolina, Michigan and Iowa, a similar picture is emerging: Film tax credits don't deliver to state economies what they cost to treasuries and taxpayers.
CATO | Simplifying the Tax Code by Fixing the Base
The Sunlight Foundation blogs today about the 6,503 registered tax lobbyists in Washington, and they provide 11 examples of the changes that these folks are pushing for.
