News
Politico | Max Baucus and Orrin Hatch tax reform plan: Wipe slate clean
Senate Finance Committee leaders are poised to soon deliver a message to the other 98 members in the chamber: Get prepared to defend your most cherished tax breaks.
CNN Money | Taxpayer advocate: IRS needs more money. Seriously.
The IRS has done itself no favors lately. It has botched how it reviews applications for tax-exempt status, thrown lavish conferences and failed to adequately oversee employee purchase card use.
Econ Comments & Analysis
CNBC | The Real Reason 1Q GDP Took a Hit
The economy grew more sluggishly in the first three months of the year than the government first reported, as higher taxes on payrolls dampened consumer spending and held overall growth down to just a 1.8 percent annual rate.
Blogs
Market Watch | Senators to be asked to defend tax breaks
The Senate Finance Committee’s top Democrat and top Republican will write to their 98 colleagues on Thursday and ask them to detail which tax breaks should be retained as part of an overhaul of the tax code, reports say.
