News
WSJ | IRS Contempt of Congress
The IRS is now telling Congress that it has lost the emails of no fewer than seven IRS employees central to the targeting of conservative nonprofits, though that's only half the outrage. There's also the IRS's quiet admission that it has spent most of the past year willfully defying Congress.
Econ Comments & Analysis
Real Clear Markets | A New Strategy For Corporate Tax Reform
Last Friday, Prime Minister Shinzo Abe of Japan proposed to cut the Japanese corporate tax rate from 36 percent to below 30 percent. This is the latest step on a journey that began on April 1st 2012 when the government set in motion a series of rate cuts - from 41 percent to 38 percent to today's 36 percent. In 2013, both major parties in Japan agreed to accelerate the timetable for the cuts. Today Japan may be ready to double down.
