Daily Deduction

Tax Filing, Reform, and Rate Hikes

February 24, 2015 –

There are better ways to tie Affordable Care Act enrollment to tax filing season. This morning from 8:30 to 10:00 am, the Tax Policy Center and the...

Tax Preferences, Investigations, and Settlements

February 11, 2015 –

Senator Hatch: The rich may pay more under tax reform but he won’t raise their rates. The Finance Committee Chairman said after yesterday’s hearing...

Casualties of Reform

February 9, 2015 –

Will GOP anger over Obama’s immigration orders stall EITC expansion? President Obama allowed undocumented immigrants to seek work authorization, get...

The President’s Budget: Beliefs, Backlash, and Bites

February 3, 2015 –

What is income, and how should it be counted? When it comes to capital gains, the White House and the TPC disagree on the answer . The President...

If You Tax It Will They Change?

January 28, 2015 –

“There’s no tax-driven move in baseball!” At least not for ace starting pitcher Max Scherzer. He recently signed to play for the Washington Nationals...

Congress, on Retreat with a Small Step toward Tax Reform

January 16, 2015 –

The Daily Deduction will return Tuesday, after the Martin Luther King, Jr., holiday. The Senate Finance Committee has created five new working groups...

Tax Subsidies, Refunds and Cuts

January 6, 2015 –

Tax filing season will require 2014 ACA enrollees to reconcile estimated and actual incomes. And it won’t be easy , reports CNNMoney. Health...

Holiday Wishes for… Tax Reform

December 22, 2014 –

Congress is adjourned. The Daily Deduction will appear Mondays until it reconvenes. What might the White House tax reform plan look like? We may find...

How Quickly Can Lame Ducks Move Before the Holidays?

November 17, 2014 –

On the Hill this week: House Republicans will choose either Paul Ryan or Kevin Brady to be the next Ways & Means Committee chair. But Ryan would...

Clicks, Pumps, Dreams and Time… How Many May See Their Taxes Rise?

November 12, 2014 –

Cyber Monday will live to hear another click. Speaker of the House John Boehner has at least temporarily killed the Marketplace Fairness Act. The...