Taxes
Latest
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Moving the Tax Expiration Goal Posts
The President may choose to submit a budget in which he extends the Bush tax cuts only temporarily—say for two years, rather than permanently as was...
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Obama Said to Support Tax on Health Insurance
According to the Associated Press, President Obama has encouraged House leaders to support the Senate's excise tax on high-cost insurance plans. As we...
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Tough Challenge Facing Obama Administration in Last Days of Budget Deliberations
Today’s New York Times article on the difficulty President Obama faces in keeping his promise about deficit reduction and tax cuts, Promise to Trim...
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Note to Citi: Get Your Fiscal House In Order!
The IRS has agreed to give up billions in tax money in exchange for Citigroup’s repurchase of $20 billion of its assets held by TARP. In a notice...
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Event Recap: Release of 'Red Ink Rising'
On December 14, the Peterson-Pew Commission on Budget Reform hosted a public event at the National Press Club to announce the release of its report...
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Peterson-Pew in the Press
The Peterson-Pew Commission’s “Red Ink Rising” plan for American lawmakers has earned some black ink worldwide too since its release, not to mention...
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The Grassroots Talk Fiscal Stewardship
Citizens from across the country had a message yesterday for lawmakers: we are working together to solve our fiscal challenges, why can’t you? At a...
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Time for Tax Reform
Today, the President's Economic Recovery Advisory Board (PERAB) was scheduled to release its recommendations on reforming the tax code. Although they...
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House Votes to Make Estate Tax Permanent
The House today voted to avoid eliminating the estate tax next year, only to have it return in 2011 at higher levels. Instead, the current levels of...
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Considering a War Tax
Update: An editorial in today's Washington Post discusses the possibility o f increasing the gasoline tax to help pay for the troop increase. The...
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Reports Roundup
A number of very interesting and relevant government reports have come out this week. Check them out: GAO: Recovery Act: Recipient Reported Jobs Data...
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Taxing Health Care Decisions
Information about the Senate health care bill is trickling in -- word is that coverage provisions will cost $849 billion over ten years and the bill...