Plan would institute top tax rate of 25%, but detail still to emerge
House proposal by Rep. Dave Camp (R—Mich.) will fall on deaf ears in the Senate
President Barack Obama has repeatedly advocated making the federal tax code “fairer” for Americans, but his White House is staying out of the fray when it comes to calls for the federal government to remove one super-sized tax …
IRS commissioner Steven Miller resigns amid reports that IRS employees targeted conservative groups for additional scrutiny (Transcript Included)
While targeting conservative groups may be outrageous, politically motivated audits by the IRS are far from unusual.
Americans are supposed to pay state taxes on goods purchased online. Only 1.6% of taxpayers do. A new Senate bill could help states change that, and collect billions of dollars in new revenue
Taxes are the one of the best tools to convince citizens and governments of the benefits of a well-regulated marijuana industry. But the marijuana industry in America — in all its various stages of legality — is large and …
Norquist’s proposition is so sweeping that it cannot last in its current form.
Charities are worried this may be the last season of giving.
In 1974, the economist Arthur Laffer drew a protuberance on a napkin at a White House meeting “demonstrating” that the higher the tax rates are, the lower the revenues they produce. Thus, the birth of supply side economics, a theory that has been disproved dispositively over the past 40 years. The reason why the Laffer Curve is nonsense …
Though Gotham is full of visiting heads of government and state, the President is meeting no one this time around. Is it insurance against possible gaffes? Or just a broader excuse not to meet the Prime Minister of Israel?
This is a compelling case that Mitt Romney shouldn’t release years of tax returns that he’s not required to disclose. It almost persuaded me. Almost. But I think there are both political and moral reasons Romney should open up the books. The benefits for his campaign–and the public good–are multitudinous.
When it comes to campaign strategy, everyone’s an expert. And as the brouhaha over Mitt Romney’s tax returns drags on, the experts — from Haley Barbour to Ron Paul to an array of seasoned Republican strategists and …