News
National Journal | Should the Government Use Tax Credits to Encourage Apprenticeship Programs?
Republican Sen. Tim Scott of South Carolina described a "devastating" economic outlook for the country if Washington can't find a way to connect poor Americans to more than 4 million open jobs.
Daily Signal | IRS Admits Wrongdoing, to Pay $50,000 in Leaking of Marriage Group’s Tax Return
Two years after activists for same-sex marriage obtained the confidential tax return and donor list of a national group opposed to redefining marriage, the Internal Revenue Service has admitted wrongdoing and agreed to settle the resulting lawsuit.
Econ Comments & Analysis
Politico | Tax cuts are coming to D.C. — no thanks to Congress
While Congress talks endlessly about a rewrite of the Tax Code that would lower individual and corporate income tax rates — without actually doing it — the D.C. City Council has quietly adopted a plan that looks a lot like the one lawmakers in the Capitol say they want.
WSJ | With Businesses Fleeing America, Congress Must Act
American businesses are heading for the exits to escape the U.S. tax code. Medical device company Medtronic announced recently that it planned to acquire the Ireland-based firm Covidien and relocate headquarters in Dublin, making it the biggest company yet to leave our shores for a more favorable tax climate. It's just the latest example, and the flight will continue until the U.S. reforms its outdated, uncompetitive tax code.
Blogs
Washington Post | Your taxes are going up. You just don’t know it yet.
Looking at our politics today, it’s hard to imagine taxes rising anytime soon—certainly for the middle class, and probably even for the wealthy. President Obama has forsworn hiking taxes on anyone earning under $250,000. Republicans might take control of the Senate in 2014 and the White House in 2016, presumably dashing the hopes of anyone looking to raise more tax revenue.
