Econ Comments & Analysis
Politico | Corker, Murphy tee up bipartisan proposal to increase gas tax
Corker, a Tennessee Republican, and Murphy, a Connecticut Democrat, pitched a bold plan that calls for federal gasoline and diesel tax increases to shore up the Highway Trust Fund, which pays for most federal transportation programs mostly through a tax on gasoline.
WSJ | IRS Eases Up on Accidental Tax Cheats
The Internal Revenue Service is sharply increasing the penalties on U.S. taxpayers who hide assets abroad, while lowering or eliminating fines on taxpayers if their failure to disclose offshore accounts was unintentional, the agency said Wednesday.
