Taxes
Latest
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Between the ‘Line’s: Meetings, Plans, Halfsies and One Cent
No Deficit of Talk – At least there no longer is a deficit of discussion when it comes to our fiscal situation. House Speaker John Boehner (R-OH) gave...
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‘Line’ Items: May Flowers Edition
What Will Bloom This Month? – In April we were showered with fiscal policy developments: namely, a last-minute FY 2011 budget deal; a deluge of budget...
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Between the ‘Line’s: Limits, Meetings, Triggers, and Cloture
Bumping Up on the Debt Ceiling – On Monday, Treasury Secretary Tim Geithner sent a letter to congressional leaders saying that his department this...
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Martin Feldstein: Raise Taxes, but Not Tax Rates
An op-ed in today's New York Times by Harvard economics professor Martin Feldstein says that while reducing our debt will require more revenue, that...
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A Special 10/40
In the spirit of Tax Day today the Bottom Line presents its own special “10/40” (don’t worry; we aren’t filing this with the IRS). Just saying the...
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‘Line’ Items: Tax Day Edition
Happy Tax Day – Today is about the consequences of procrastination for the great many waiting until the last minute to file their federal income tax...
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Actually, Comprehensive Tax Reform Can Be Progressive
Congressman Ryan has come under attack, recently, for the tax reform framework in the House Republican budget proposal. CBPP calls it "huge tax...
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Giving Taxpayers a Receipt
Just in time for Tax Day on Monday, the White House website has launched a taxpayer receipt. By entering what one has paid in federal taxes, the new...
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A Good Day for Tax Reform
With Tax Day rapidly approaching and our nation’s fiscal problems being fiercely debated, the timing of today’s events couldn’t be more perfect. We’re...
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‘Line’ Items: Back from the Brink Edition
Deal on FY 2011 Spending Reached – A government shutdown was averted on Friday by an 11th hour agreement on federal spending for the rest of the...
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Between the ‘Line’s: Paths, Deadlines, Ceilings and Receipts
House GOP Budget Unveiled – On Tuesday, House Budget Committee Chairman Paul Ryan (R-WI) unveiled his fiscal year 2012 budget proposal, titled “The...
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Sens. Wyden and Coats Introduce Tax Reform Legislation
Today, Senators Ron Wyden (D-OR) and Dan Coats (R-IN) introduced bipartisan legislation to comprehensively reform the existing U.S. tax system in a...