The IRS Taxpayer Advocate speaks.

Republicans in the House are proposing sweeping corporate tax reform . Their proposals would effectively repeal the corporate income tax, currently levied at a 35 percent rate, and replace it with a new “destination-based cash-flow tax (DBCFT)” at a 20 percent rate for corporations and 25 percent for unincorporated businesses. The new tax would be border-adjustable – taxing imports and exempting exports.

What would “DBCFT” do?

Are entrepreneurs overtaxed? It depends. You’ll be able to learn more next Friday, January 13, at a TPC event examining the issue. Meanwhile, take a look at the new paper, “Taxing Entrepreneurial Income,” from TPC’s Eric Toder.

Tax policy debates often focus on entrepreneurs, those risk-takers who build businesses from scratch. In an effort to better understand how innovators who create new...

A year after moving to our new home in Michigan, we faced a big property tax hike. We swallowed hard, but paid it. After all, we had little choice, and it did reflect an increase in the value of our house. Then there is the story about homeowners in Chicago.

Congress is back. The GOP-controlled House and Senate return today to start what will be an extremely busy session.

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Last week, Senator Marco Rubio (R-FL) introduced the Economic Mobility for Productive Livelihoods and Expanding Opportunity (EMPLEO) Act aimed at raising after-tax pay for low-wage...