Lowenstein on Needed Tax Hikes
Roger Lowenstein had a good op-ed in Sunday's Washington Post, "Read My Lips: We Need These Taxes." I liked the way he started it: Let's imagine an alternate universe. The U.S. government is running...
View ArticleTop Tax Rates Won't Rise As Much As Expected If Senator Obama Wins
Investors breathed a sigh of relief this morning when they read the Wall Street Journal's op-ed from Senator Barack Obama's (D-IL) top economic advisers, Jason Furman and Austan Goolsbee, stating...
View ArticleTax Break May Have Helped Cause The Housing Bubble
Today's New York Times details how the 1996 presidential election campaign created a capital gains tax cut for homeowners that came back to haunt us a decade later. This is a rare glimpse of how some...
View ArticleBruce Bartlett: Our Taxes Are Not Too High
Over at economistsmom.com, Diane Rogers does a nice job compiling some of Bruce Bartlett's recent columns. Worth a few minutes of your time.
View ArticleBruce Bartlett on Fox Business
I thought this was a great segment by Bruce on Fox Business News, following up on his point about why it is a disservice to advancing a conservative agenda to keep tax cuts increases off the table:
View ArticleIs There a VAT in our Future?
James Pethokoukis is on the case, putting together the pieces of a "yes." My prediction: regardless of how urgent the need for revenue may be, taxes on the highest earners would have to go up...
View ArticleCitigroup gets to keep $38 b. of loss deductions.
Friday, the Internal Revenue Service suspended the present law Section 382 denial of loss deductions in the event of a "takeover" of a financial institution by Treasury via its investment of TARP...
View ArticleDividends Tax Rate Next Year?
Congress is beginning to realize how expensive it will be to cap the dividends tax rate at 20% for those earning over $250,000 beyond the end of this year. Yesterday, House Ways and Means Chair Sander...
View ArticleTaxes: U.S. Multinationals Paid An Average 27.7% Effective Rate As Compared...
That's according to a Business Roundtable commissioned study by PricewaterhouseCoopers LLC of 2006 through 2009 financial data from the S&P Global Vantage database for the 2,000 largest world...
View ArticleBruce Bartlett On CNBC
CG&G alum Bruce Bartlett had a great interview on CNBC yesterday about federal budget politics that is definitely worth a few minutes of your time. As usual, Bruce is candid, frank and a...
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