Econ Comments & Analysis
WSJ | Illinois Tax Mandamus
Alexander Hamilton described the judiciary as "the least dangerous" branch of government, but the Illinois Supreme Court may prove him wrong. Consider its decision last week that invents constitutional protections for retiree health-care subsidies, which amounts to a sealed writ for a tax increase.
Washington Times | Putting Congress in control of tax policy again
House Speaker John A. Boehner is confronted by a president who has become virtually lawless: He runs roughshod over existing laws and legislation by changing them or not enforcing them, in complete violation of the separation of powers under Article II, Section 3. Administrative agencies under his jurisdiction issue rules and edicts beyond the scope ever intended by Congress in its enabling legislation. He makes “recess” appointments that are clearly unlawful and declared so unanimously by the Supreme Court. The list goes on and on.
CRS | Dynamic Scoring for Tax Legislation: A Review of Models
Dynamic scoring for tax legislation has been discussed for some time. House Rule 13 has required, since 2003, that the Joint Committee on Taxation (JCT) provide a macroeconomic impact analysis of legislation to amend the Internal Revenue Code, or a statement explaining why it is not calculable.
