Dave Camp

Dave Camp’s Tax Reform Could Kill Community Foundations

House Ways and Means Committee Chair Dave Camp deserves credit for proposing a tax reform that takes on many special interests, something too few other elected officials are willing to do. But one provision mistakenly threatens the survival of most community foundations without improving the tax

April 24, 2014C. Eugene Steuerle

Campaigns, Proposals, and Reforms: TaxVox

Should Congress Curb Donor Advised Funds?

Buried deep in House Ways & Means Committee Chair Dave Camp’s tax reform plan is a proposal to require donor-advised funds to distribute contributions within five years. The proposal would be a major change for these charitable vehicles, where funds currently can sit indefinitely. Donor-advised

April 22, 2014Howard Gleckman

Individual Taxes: TaxVox

If Congress Lets Firms Expense Investments, It Should Take Away Their Interest Deduction

Egged on by business lobbyists, congressional tax writers seem increasingly interested in allowing firms to rapidly write off the cost of their capital investments. Especially in the House, lawmakers would allow small businesses to expense the full cost of their investments in the year they are

April 17, 2014Howard Gleckman

Individual Taxes: TaxVox

Why Most Tax Extenders Should Not Be Permanent

What to do about the tax extenders—or, as my colleague Donald Marron calls them, the “tax expirers” ? Restoring the current crop (most of which expired on December 31) for 10 years would add about $900 billion to the deficit. House Ways & Means Committee Chair Dave Camp (R-MI) and Senate

April 3, 2014C. Eugene Steuerle

Federal Budget and Economy: TaxVox

House Republicans Punt on Tax Reform

The House Republican budget, released today by Budget Committee Chair Paul Ryan (R-WI), kicks the tax reform can down the road yet again. Not only does it fail to enhance chances for a tax code rewrite, it almost certainly sets the effort back. This budget isn’t so much an actual fiscal plan (the

April 1, 2014Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Thank You, Dave Camp

House Ways & Means Committee Chair Dave Camp (R-MI), who said yesterday that he’ll retire from Congress at the end of the year, will leave behind an enormously important achievement. At a time when too many of his fellow lawmakers substitute easy partisan rhetoric for hard work, Camp wrote a

April 1, 2014Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Dave Camp’s Plan for the Expired Tax Provisions: An Almost-Good Idea

House Ways & Means Committee Chair Dave Camp (R-MI) has a plan for what to do with scores of now-expired tax subsidies that are sitting...

March 25, 2014Howard Gleckman

Federal Budget and Economy: TaxVox

Fiscal Reality Check: Will Congress Pay for the Tax Extenders and the Doc Fix?

After it returns from Spring Break next week, Congress may face two big fiscal reality checks. It will have to decide whether to temporarily extend...

March 20, 2014Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Dave Camp’s Most Valuable Contribution to Tax Reform

House Ways & Means Committee chair Dave Camp’s most important contribution to the tax reform debate may be this: By proposing a specific, transparent, and...

March 14, 2014Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

The Many Moving Parts of Camp’s Tax Reform for Low-Income Families

House Ways & Means Committee Chair Dave Camp’s tax reform plan would make many changes to the two major refundable tax credits aimed at assisting...

March 11, 2014Elaine Maag