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Tuesday, October 29, 2013

Taxes

News                                                                                                                             
WSJ | Weak Tax Base Hurts Renewal
Like hundreds of other American cities, this faded hub has struggled for decades as people and businesses flocked to the suburbs. The flight hollowed out the city center and pushed property values to among the lowest nationwide.

Econ Comments & Analysis                                                                                            
Heritage Foundation | Leave Tax Reform and Tax Increases Out of Budget Conference
The recent deal to end the government shutdown and lift the debt ceiling requires the House and Senate to convene a conference committee, where they will seek to reconcile the respective budgets each chamber passed this year. Conferees will face strong pressure to strike a “grand bargain” to lower the deficit by both cutting spending and raising taxes.