News
WSJ | Shifts in Spending Sap Sales-Tax Revenue
California's sales tax has grown steadily in recent decades to 7.5%, the highest in the nation. But changes in consumer spending in recent years mean the tax makes up a shrinking proportion of the state's revenue, according to an analysis published this week by the state Legislative Analyst's Office.
Washington Examiner | IRS agent: Tax agency is still targeting Tea Party groups
In a remarkable admission that is likely to rock the Internal Revenue Service again, testimony released Thursday by House Ways and Means Committee Chairman Dave Camp reveals that an agent involved in reviewing tax exempt applications from conservative groups told a committee investigator that the agency is still targeting Tea Party groups, three months after the IRS scandal erupted.
