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Friday, July 26, 2013

Taxes

News                                                                                                                             
CNN Money | Tax reform proposals to be secret for 50 years
Tax reform is apparently so treacherous for senators these days that they require the utmost protection from the public -- half a century's worth.

Econ Comments & Analysis                                                                                            
WSJ | Reid to Tax Reform: Drop Dead
'We need tax reform," said Harry Reid on Thursday, by which he meant we don't need tax reform. The Senate Majority Leader effectively killed a rewrite of the tax code for this Congress by decreeing that it must be conducted "under the total understanding that it can't be revenue-neutral.
CRS | Federal Tax Benefits for Manufacturing: Current Law, Legislation in the 113th Congress, and Arguments For and Against Federal Assistance
Sparked in part by public statements by President Obama in favor of greater federal support for advanced manufacturing, a lively debate over whether additional federal assistance should be provided for manufacturing is taking place among policy analysts and lawmakers.

Blogs                                                                                                                             
CATO | Entrepreneurs and Capital Gains Taxes
The higher capital gains taxes that were recently enacted risk killing off future Apples and Amazons, which we will need to power tomorrow’s economic growth.