A recent column in the Christian Science Monitor (first appeared here ): America's tax system is broken. It's needlessly complex, economically harmful, and often unfair...
If Washington is going to need new tax revenues to bring the deficit under control—which it inevitably will-- I increasingly wonder where the cash is...
Here’s a quick multiple choice quiz about President Obama’s new budget. Over the next ten years, would the budget: a. Increase taxes by $819 billion...
The Obama budget confirms what we already knew—neither tax reform nor significant increases in revenues are on the table. Neither are major entitlement programs such...
Tomorrow, the White House will release its ideas for overhauling mortgage giants Fannie Mae and Freddie Mac. While there is little agreement in Washington over...
A major goal of last December’s Tax Relief Unemployment Insurance Reauthorization and Job Creation Act of 2010 (aka extending the Bush-era tax cuts) was to...
In his speech yesterday to the U.S. Chamber of Commerce, President Obama doubtless pleased many in his audience by repeating the business community’s favorite mantra...
At last Wednesday’s hearing on tax reform, three witnesses--Rosanne Altshuler, Larry Lindsey, and I--invoked a famous rule of thumb about taxes. We each told the...
Many retirees were surprised when their January pension checks were smaller than their December payments. Pension plans had increased withholding for federal income tax, shrinking...