Taxes
Latest
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‘Line’ Items: French Open Edition
Clay Masterpiece – Rafael Nadal and Roger Federer played yet another classic tennis match yesterday, with Nadal once again emerging victorious for his...
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Taking a Closer Look at the Charitable Deduction
Though recent discussion about "spending in the tax code" has brought fresh attention to tax expenditures, much of the discussion has been about how...
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It Depends on What You Mean by 'Almost as Large'
It seems like we are having Social Security deja vu. Just a couple weeks ago, we basically repeated our response from last September to those who...
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Biden Group Talks Update: Searching for More Cuts and Talking Triggers
The Biden group of debt negotiations resumed on Tuesday with the fourth meeting of the bipartisan group of lawmakers chaired by Vice President Biden...
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‘Line’ Items: Playoffs Edition
Crunch Time – The playoffs are well underway in the NBA and NHL. A playoff atmosphere is also brewing in Washington even though the home teams are not...
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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...