On Wednesday, the Bipartisan Policy Center Debt Reduction Task Force—a bipartisan group of former politicians and government officials—released a plan to tame the national debt...

One of the most dramatic elements of the tax reform plan offered by the chairs of President Obama’s deficit commission, Erskine Bowles and Alan Simpson,...

The tax system serves two purposes. It is supposed to collect enough money to fund government (a job not well done) and it helps maintain...

In response to your comments, the Tax Policy Center has revised its tax calculator . The calculator’s popularity and use have more than pleased us...

Another day. Another bold and controversial tax reform plan. This is getting very interesting. Today, the privately-funded Bipartisan Policy Center (BPC) released its own far-reaching...

Critics of the deficit reduction plan offered by the co-chairs of President Obama’s fiscal commission have blasted it for being both a tax hike (bad...

Erskine Bowles and Alan Simpson, co-chairs of President Obama’s Deficit Commission, have released a “ Chairmen’s Mark ,” a broad plan to reduce the federal...

Fascinating to read the morning-after criticism of the tax provisions of the Bowles-Simpson deficit reduction plan . Many commentators on both the left and the...

The co-chairs of President Obama’s much-maligned bipartisan fiscal commission have proposed a remarkable plan for both reducing the federal deficit and reforming the tax code...

The other day, I asked a Washington consultant whether his Wall Street clients wanted Congress to cut federal spending by at least $100 billion next...