News
Politico | Corporations getting cold feet on tax reform
At first, it seemed like an idea the White House, Congress and corporate America could all agree on. Every company would play by the same tax rules: They would give up their special tax breaks in exchange for lowering the basic tax rate from 35 percent to as little as 25 percent.
Econ Comments & Analysis
WSJ | 'Carried Interest' Is Not a Capital Gain
The question of how to fairly and equitably tax capital gains has been a political problem since the modern personal-income tax was adopted in 1913. Actually, this question has been one of the drivers transforming the tax code from its original 14 pages to its current Bibles-long mess. One of the complications, a cause of much recent controversy, is known as "carried interest."
Washington Times | A day to rue our foolish corporate tax rate
April Fools’ Day marked the one-year anniversary of the United States having the highest corporate-tax rate in the industrialized world. Unfortunately, the economic damage this policy causes is no joke.
WSJ | About Those Tax Breaks for Big Oil . . .
President Obama has been telling America for months that special tax breaks for the oil and gas industry must come to an end. The presidential demand always prompts puzzled gazes among tax and energy-industry experts, who ask: What special tax breaks?
Real Clear Markets | Tax Progressivity: It's Not Just the Burden of the Rich
The recent public debate over taxes has tended to focus on the tax rates faced by the highest earners. But it might come as a surprise to many that the highest effective marginal tax rates are found not at the top of the income distribution, but at the bottom.
Heritage Foundation | Tax Day 2013: No More Tax Increases Shall Pass
Right now, Americans are enduring the pain of filling out confusing tax forms before the April 15 deadline for completing their 2012 income taxes. The frustration they feel today will be even worse next year, however.
