Paul Ryan

: TaxVox

Taxed Reactions and Revenue Rules

House GOP on the President’s tax proposals: “Meh.” House Ways and Means Chair Paul Ryan told Treasury Secretary Jack Lew yesterday that “You have gradually, grudgingly taken a few steps in my opinion in the right direction… It’s progress… Not a lot. But we’ll take it.” Ryan and his colleagues

February 4, 2015Renu Zaretsky

: TaxVox

Corporate Tax Reform: No Easy Fixes

Territorial tax systems abroad may not be good models for corporate reform here. A new TPC paper warns against drawing quick and easy conclusions from the territorial tax systems in other developed countries. While Senate Finance Committee Chairman Orrin Hatch and House Ways and Means Committee

January 23, 2015Renu Zaretsky

: TaxVox

Tax Policy and Politics: More of the Same

Wait, are Ds and Rs really on the same page? In remarks yesterday, Treasury Secretary Jack Lew expressed optimism for a business tax overhaul, noting a “ great deal of overlap ” between the White House framework and recent Republican proposals. House Ways and Means Chairman Paul Ryan agreed that

January 22, 2015Renu Zaretsky

: TaxVox

Here a Tax Cut, There a Tax Cut

Wisconsin’s Paul Ryan will be House Ways & Means Chair for a while after all. The 2012 GOP Vice-Presidential nominee feels he is “ in a position to make a big difference ” and wants to remain on the tax-writing panel. Had he run for president in 2016, he would have had to give up his

January 13, 2015Renu Zaretsky

: TaxVox

All's Fair in Love and Taxes... Or Not.

Et tu, Utah ? GOP leaders want to increase the state’s gasoline tax . The state faces an $11 billion budget gap for transportation projects slated through 2040. Its House GOP caucus has endorsed an increase of as much as 10 cents a gallon in the state’s gasoline tax. They’re even willing to tie the

January 8, 2015Renu Zaretsky

Individual Taxes: TaxVox

House GOP Leadership Would Require Dynamic Scoring of Some Tax Bills. Will It Matter?

Last night, the House Republican leadership proposed new rules that would require the Joint Committee on Taxation and the Congressional Budget Office to incorporate macroeconomic effects of “major” legislation into their official budget estimates. But there may be less to these new rules for so-

December 24, 2014Howard Gleckman

Individual Taxes: TaxVox

Tax Deals: Will Everything Old Be New Again?

Dave Camp on tax reform: “It can be done.” Retiring House Ways & Means Chair Dave Camp remains optimistic . The Hill reports that a deal to extend expiring tax breaks could give Camp’s successor, Paul Ryan, a chance to secure broad GOP support for a tax reform plan. About that tax extender deal

December 1, 2014Renu Zaretsky

: TaxVox

New Chairs, New Resistance, and Maybe, New Taxes

As expected: Paul Ryan will succeed Dave Camp as House Ways & Means Chair. Representative Kevin Brady removed himself from consideration earlier this week, though he had more committee seniority. The full House GOP conference approved its Steering Committee’s chairmanship recommendations,

November 20, 2014Renu Zaretsky

: Daily Deduction

How Quickly Can Lame Ducks Move Before the Holidays?

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 have to give up the gavel if he chooses to run for president, according to a new party rule approved last week. Meanwhile, senior tax writing

November 17, 2014Renu Zaretsky

: TaxVox

And the Winner Is... The GOP. Now What?

The GOP takes control of the Senate. It has secured a majority in the Senate but has far from working control in a chamber where 60 votes are needed to do almost anything. Utah’s Orrin Hatch will become the new chair of the Senate Finance Committee. Alabama’s Jeff Sessions is in line to head the

November 5, 2014Renu Zaretsky