Orrin Hatch

: TaxVox

Taxing the Rich: It’s a Plan Abroad, Too

The State of the Union: Tax reform depends on where you are sitting. In his State of the Union Address last night, President Obama called on Congress to address wealth inequality through the tax code, largely by increasing the capital gains tax and imposing a bank tax to fund tax relief for middle-

January 21, 2015Renu Zaretsky

Federal Budget and Economy: TaxVox

The Tax Reform Gap Between Obama and the GOP is Widening

In his state of the union address, President Obama laid out his vision for the tax code. Earlier in the day , in a speech to the Chamber of Commerce, Senate Finance Committee chair Orrin Hatch (R-UT) described his. They are not only on different planets. They inhabit different galaxies. Obama wants

January 20, 2015Howard Gleckman

: TaxVox

To Build a Better Tax Code, You Could Follow the Money

Death and taxes: Inevitable, but not always paired. President Obama wants to change that. In a wide-ranging tax plan he’ll highlight at tonight’s State of the Union address, he’d close “arguably the biggest loophole in the tax code for high-wealth households,” says TPC’s Len Burman. Len explains

January 20, 2015Renu Zaretsky

Individual Taxes: TaxVox

What To Make of the Senate Finance Committee’s Tax Reform Workgroups

The Senate Finance Committee has created five bipartisan working groups to develop ideas for comprehensive tax reform by the end of May. It is a good idea. But it is unlikely to accelerate the panel’s timetable for producing legislation. The task forces won't develop many new ideas. Let’s be honest

January 15, 2015Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Clip ‘N Save: Orrin Hatch’s Tax Reform Principles

In a few weeks, veteran Utah Republican Orrin Hatch will become chair of the Senate Finance Committee. Soon after, the panel may begin tackling tax reform. While there is good reason to be skeptical about how far a tax code rewrite will get in the next Congress, it is worth keeping track of Hatch’s

December 18, 2014Howard Gleckman

: TaxVox

And the Winner Is... The GOP. Now What?

The GOP takes control of the Senate. It has secured a majority in the Senate but has far from working control in a chamber where 60 votes are needed to do almost anything. Utah’s Orrin Hatch will become the new chair of the Senate Finance Committee. Alabama’s Jeff Sessions is in line to head the

November 5, 2014Renu Zaretsky

: TaxVox

Tax Policy in September: Racing to a Grinding Halt?

Have it your way… unless you’re Burger King. Five Senate Democrats—Illinois’ Dick Durbin, Michigan’s Carl Levin, Rhode Island’s Jack Reed, Vermont’s Bernie Sanders and Ohio’s Sherrod Brown—asked Burger King to not move its legal headquarters to lower-tax Canada. They accused it of trying to avoid

September 12, 2014Renu Zaretsky

Individual Taxes: TaxVox

Is Treasury About to Curb Tax Inversions on Its Own?

The Treasury Department put out the word that Secretary Jack Lew is considering regulatory curbs on corporate tax inversions, a step that may be intended to increase pressure on Congress to act once it returns from its summer recess in September. The matter of how much authority Treasury has to

August 19, 2014Howard Gleckman

Individual Taxes: TaxVox

Baucus Proposes International Tax Reform But Future Action Remains Uncertain

In an effort to jumpstart moribund tax reform efforts, Senate Finance Committee Chairman Max Baucus (D-MT) is suggesting major changes in the way U.S.-based multinational...

November 19, 2013Howard Gleckman

Federal Budget and Economy: TaxVox

The Baucus-Hatch “Blank Slate” Approach to Tax Reform Could Be Revolutionary

No one quite knows what exactly Senate Finance Committee Chairman Max Baucus (D-MT) and Ranking Member Orrin Hatch (R-UT) mean when they say they will...

July 3, 2013C. Eugene Steuerle