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Tuesday, October 22, 2013

Taxes

News                                                                                                                             
Washington Times | IRS paid out $132 billion in bogus tax credits over last decade
The IRS paid as much as $13.6 billion in bogus claims for the Earned Income Tax Credit last year, according to a report the agency’s internal auditor released Tuesday morning.

Econ Comments & Analysis                                                                                            
Politico | Comprehensive tax reform now
Twenty-seven years ago today, Republicans and Democrats came together for a comprehensive tax reform package that strengthened economic growth and helped American companies compete in the global marketplace.
Fiscal Times | A Tax Reform Plan that Both Parties Can Like
Notwithstanding its entertainment value, Americas hate party politics and political gridlock.  They are desperate to get our country's problems fixed. And one area that needs immediate fixing is our tax system.   - See more at: http://www.thefiscaltimes.com/Columns/2013/10/20/Tax-Reform-Plan-Both-Parties-Can#sthash.5JXnzeQY.dpuf