Taxes
Latest
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‘Line’ Items: Spring Cleaning/Opening Day Edition
Cleaning out the House – Spring is often associated with housecleaning. Congress is long due to clear out the FY 2011 budget seeing as we are now half...
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The Unlikely Fiscal Pair
If the current budget drama in Washington ever becomes the stuff of a feature film--yes, a real stretch, but we've seen worse from Hollywood--maybe it...
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"Meet the Generations": Generation X
Meet Kate, a fictitious 41 year old Generation X member. How will our leaders’ fiscal choices affect her life? In our fifth and final installment of...
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Spotlight on the States: Minnesota
In this installment of our Spotlight on the States blog series, focused on Minnesota, we take a slightly different look at the state's fiscal...
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Rep. Schakowsky Introduces Legislation to Raise Taxes on Millionaires and Billionaires
Yesterday Rep. Jan Schakowsky (D-IL) introduced a proposal to raise federal taxes for very high-earners - The Fairness in Taxation Act. The proposed...
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‘Line’ Items: Brackets and Budgets Edition
Brackets – As many busy themselves today going over the brackets for the big tourney, picking the next Cinderella and who will win it all, the real...
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Senator Sanders Proposes Revenue Increases to Address the Deficit
Updated : Representative Jan Schakowsky (D-IL), formerly of the President's Fiscal Commission, has introduced similar legislation in the House. Sen...
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House Budget Committee Holds Hearing on “Lifting the Crushing Burden of Debt”
Today the House Budget Committee convened a hearing on the burden of mounting national debt on the country and how to address it. The committee heard...
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TPC Looks at the Mortgage Interest Deduction
In a recent analysis of the second largest tax expenditure in the tax code--the mortgage interest deduction--the Tax Policy Center finds that most...
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Senate Finance Committee Holds Hearing on Tax Reform
Today, the Senate Finance Committee had its first in a series of hearings for the coming year about reforming our tax code. Senate Finance Committee...
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Senate Budget Committee Holds Hearing on Tax Reform
The Senate Budget Committee held a hearing on tax reform this morning, featuring testimony from four witnesses who all unequivocally called for...
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State of the Union Recap
Last night in his State of the Union address, President Obama hailed a new era of bipartisan cooperation, focusing on America's competitiveness to...