WWND: Louisiana lawmakers ask Grover Norquist to weigh in on Governor Bobby Jindal’s tax plan. Eleven members of the state’s House sent a letter to the head of Americans for Tax Reform. They call the SAVE tax credit —Jindal’s proposed tax credit for a non-existent student fee—a precedent that would

If you still thought there was any chance Congress would pass tax reform before the next election, you can officially abandon hope. In an online interview published Sunday on Morning Consult , Senate Majority Leader Mitch McConnell (R-KY) hammered the last nail in the coffin. Asked about his

Last week my Tax Policy Center colleague Len Burman explained some of the problems with the FairTax, a single-rate national retail sales tax. The levy, backed by Republican presidential candidate Mike Huckabee, would replace the progressive federal tax system with one regressive tax. Two charts

The other day, the Census Bureau put out a new report that concluded about one-in-five Americans received government benefits in 2012. But the study, called Dynamics of Economic Well-Being: Participation in Government Programs, 2009–2012: Who Gets Assistance, takes a far too narrow view about who

We moved last year—from Florida, a state with relatively poor public schools, to a strong school district in Michigan. Our property taxes are higher than the national and even county average, but like many families with school-age children, we are willing (and able) to pay them. We support our

Online, always: IRS hackers. They made off with data from 104,000 US taxpayers. IRS Commissioner John Koskinen said yesterday that the data were used to file 13,000 fraudulent returns in 2015 and might be used to file fraudulent tax returns next year too. Treasury Inspector General Russell George

Nevada will soon see an historic tax hike for education. The Nevada Assembly passed $1.3 billion in new and extended taxes to reform public education. The state’s largest one-time tax increase includes Governor Brian Sandoval’s “Nevada Revenue Plan” which raises cigarette taxes and continues a set

The magic number for today is 16. That is, remarkably, the number of times Congress has extended the allegedly temporary research and experimentation tax credit since it was first enacted in 1981. The question for philosophy class (this is far beyond economics) is this: Can something that has been

It is easy to mock Senator Marco Rubio, who cashed out $68,241 in IRA retirement funds last September. The GOP presidential hopeful, who made about $230,000 last year, told Fox News he needed the dough to prepare for his campaign, buy a new $3,000 refrigerator, and fix his busted a/c. As it happens

Congress will be in recess next week. The Daily Deduction will post on Tuesday, May 26, 2015, after Memorial Day, and will return to its regular schedule on Monday, June 1. Wisconsin’s GOP: Tax bikes to pay for bike paths, use tax dollars to expand private schools. Presidential hopeful Governor

The earned income tax credit (EITC) lifts millions of working families out of poverty, but provides little support to workers without children and some low-wage workers married to other low-wage workers. Congress could fix this flaw by scaling back the EITC and creating a new worker credit that is