After much anguish, Congress finally extended this year’s payroll tax cut for two more months. The final bill passed in nearly empty chambers a couple...
In a contribution to the Christian Science Monitor, Donald Marron discusses hopes for the global economy and the political leaders struggling to keep it on an even keel.
The fate of The Temporary Payroll Tax Cut Continuation Act of 2011 remains uncertain. But thanks to a carefully crafted technical change to the current...
Sometime today, Congress will pass a bill to keep the government funded through September 2012. It will not reflect a careful and balanced assessment of...
On a day when Washington partisans couldn’t even figure out (yet again) how to keep the government running, Senator Ron Wyden (D-OR) and House Budget...
Taxpayers who elect to itemize can claim a deduction against federal income tax liability for contributions made to registered charitable organizations. While cash gifts still account for the vast majority of charitable donations reported on tax returns, gifts of noncash property have grown as a
GOP Presidential candidate Newt Gingrich is proposing a massive tax cut aimed at the highest earning American households. Gingrich’s plan would add about $1 trillion...
Distribution of federal tax change, by cash income percentile, of the Gingrich tax plan measured against current law, assuming that all taxpayers pay the 15 percent flat tax under the proposal.
Distribution of federal tax change, by cash income level, of the Gingrich tax plan measured against current law, assuming that all taxpayers pay the 15 percent flat tax under the proposal.
