In what will probably be the usual endless laundry list of State of the Union promises, President Obama is likely to include tax reform, by...

Two great tastes often taste great together. Chocolate and peanut butter. Oreos and milk. Popcorn and butter. Could the same be true of carbon taxes...

The Congressional Budget Office released its latest Budget and Economic Outlook earlier this week. As always, the Outlook provides insight into the fiscal status of...

After more than a decade of nearly constant change, the federal estate tax is finally permanent. It’s a bit more onerous than last year’s version...

In the realm of needless complexity, the work and family tax credits for low-income households rank near the top. The problem is especially challenging for...

Can the income tax fund the government we seem to want? Probably not. Will lawmakers create a revenue system that will? Not anytime soon. That...

With state finances gradually improving , some Republican governors are turning their attention to fundamental tax reform. Louisiana Governor Bobby Jindal has proposed replacing his...

The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard...

For years, the battle over carried interest has focused on how to tax the compensation of private equity managers. But a careful reading of the...

In one of the more dangerous fiscal developments of recent months, some on the left are defining successful deficit reduction as merely stabilizing the federal...