News
Politico | Senate leaders disagree on tax reform
Senate Minority Leader Mitch McConnell (R-Ky.) on Tuesday took a dim assessment of the efforts of Sens. Max Baucus (D-Mont.) and Orrin Hatch (R-Utah) to wipe the tax code clean of loopholes and deductions and rebuild it piece-by-piece. McConnell worries that Democrats will exploit the effort to bring in more revenue — precisely the opportunity that Senate Majority Leader Harry Reid (D-Nev.) said piqued his interest.
National Journal | Chris Cox Returns to the Hill to Renew his Battle Against Internet Taxes
The former nine-term legislator from Southern California has been hired by NetChoice—which represents AOL, Expedia, eBay, NewsCorp, Yahoo, and others—to help persuade lawmakers that the proposed Marketplace Fairness Act would not only stymie electronic commerce but could also be unconstitutional.
CNN Money | The hidden 17% tax: Your cell phone bill
Local, state and federal governments, 911 systems and even school districts tack on taxes and surcharges to your wireless bill that end up costing American cell phone customers an extra 17.2%, on average, according to the Tax Foundation. That's up from 16.3% fifteen months ago.
Econ Comments & Analysis
WSJ | A GOP Game Plan for Tax Reform
Thanks to the efforts of Democrat Sen. Max Baucus and Republican Rep. Dave Camp, Congress will take up tax reform this year. Before the debate begins, however, Republicans need to set out the principles that represent our values. In my 24 years in the House and Senate, I never wrote a bill that represented a 100% statement of my values, but I always found it important to know where the North Star was as I tried to navigate through the swamp.
