Taxes
Latest
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Cracking Down on Tax Evasion Could Boost Revenue
The Obama administration is looking into offsetting some of the costs of likely tax break extensions by cracking down on international tax evasion...
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Understanding the Health Insurance Excise Tax
The health care reform bill recently passed by the Senate Finance Committee relies on a $200 billion health insurance tax to help fund the costs of...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Wall Street Journal criticized Congress for attacking...
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Only 30% of 2008 Tax Rebates Spent
Recently, the Bureau of Labor Statistics (BLS) reported on the results of the Economic Stimulus Payments, or tax rebates, of early 2008. Those who...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: In an editorial titled, “ 2.47 trillion dimes,” The Washington...
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Meeting Today of President's Economic Recovery Advisory Board
Today PERAB, otherwise known as the Tax Reform Subcommittee of the President's Economic Recovery Advisory Board, is holding a meeting focusing on tax...
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Vetting the VAT
In a recent op-ed, Henry Aaron and Belle Sawhill argued that a value added tax (VAT) – a tax on consumption imposed piece-wise in various stages of...
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Congress pressured to extend tax credit for homebuyers
Today Congressional Quarterly reported that Congress is feeling pressure to extend the tax credit for homebuyers that was included in the stimulus...
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What About Cutting Spending?
In their oped in the Washington Post today, Henry Aaron and Isabel Sawhill argue that raising taxes will be necessary to close the fiscal gap and help...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: In an editorial titled, “The Greatest Show on Earth,” The Wall...
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Coalition Tries to Make a Stimulus Tax Break Permanent
Today, the Congressional Quarterly reported that a coalition of airport authorities, port authorities, and student loan lenders is pushing Congress to...
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The U.S. Taxpayer and the IMF
For the U.S. taxpayer, last weekend’s International Monetary Fund (IMF) meetings in Turkey were a reminder of the importance of global cooperation to...