expensing

If Congress Lets Firms Expense Investments, It Should Take Away Their Interest Deduction

Egged on by business lobbyists, congressional tax writers seem increasingly interested in allowing firms to rapidly write off the cost of their capital investments. Especially in the House, lawmakers would allow small businesses to expense the full cost of their investments in the year they are

April 17, 2014Howard Gleckman

Federal Budget and Economy: TaxVox

Can Expiring Tax Provisions Save the Budget Talks?

There is lots of buzz around Washington about whether a laundry list of expiring tax provisions could be the key to a modest budget agreement...

November 7, 2013Howard Gleckman

Individual Taxes: TaxVox

Hiking Taxes on Corporate Jets: Obama’s Version of Waste, Fraud, and Abuse

President Obama’s proposal to raise taxes on corporate jets is the Democratic version of “waste, fraud and abuse”—a political attack on a target of opportunity...

July 5, 2011Howard Gleckman