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Wednesday, May 8, 2013

Taxes

News                                                                                                                             
Politico | Both sides leave tax reform door open a crack
Sen. Rob Portman, an Ohio Republican, and White House economic adviser Gene Sperling danced around the types of compromises that will be necessary to cobble together bipartisan support for a major deficit-reduction package.
Politico | President Obama's cigarette tax up in smoke
Presidential budgets are all about theater. But this year’s was more theatrical than most: Its biggest single new proposal — the sin tax to generate $78 billion to fund a preschool education program — vanished almost as soon as Obama announced it four weeks ago Wednesday.
CNN Money | Many early tax filers still waiting for refunds
More than three months after rushing to file their taxes early, some filers still haven't received refunds from the IRS.

Econ Comments & Analysis                                                                                            
Washington Times | The biggest tax catch
While pundits, politicians and economists are distracted by marginal tax rates and a possible Internet sales tax, President Obama may be preparing for the biggest of all trophies: a wealth tax.