Wednesday, July 16, 2014


Econ Comments & Analysis                                                                                            
CNN Money | Lew: Stop firms moving abroad to dodge tax
U.S. Treasury Secretary Jack Lew is urging Congress to act to prevent U.S. companies shifting their headquarters abroad to benefit from a lower tax rate.
WSJ | The Senate That Taxed the Internet
On Tuesday the House passed a permanent extension of the Internet Tax Freedom Act, which prevents new taxes on email and Internet access services. A rare Washington example of bipartisan cooperation to encourage economic growth, the measure is so popular that it did not even require a roll call vote. It passed by acclamation.

Market Watch | Slim chances seen for tax ‘inversion’ clampdown, analysts say
Treasury Secretary Jacob Lew wants to shut the door on so-called tax “inversions,” but a pair of analysts say it’s going to stay open – at least for the time being.