TaxVox

Permanent Breaks, Pharma Moves, Credits and Grace

July 15, 2014 –

Expect the House to approve some permanent changes in the charitable deduction this week. They include contributions of food inventory , real...

July 14, 2014 –

A highway bill could soon head down Pennsylvania Avenue. The House Rules Committee plans to send to the floor the Ways & Means panel’s short-term...

July 11, 2014 –

Congress keeps playing with the Highway Trust Fund—but why? The House Ways & Means Committee approved its effort to fund the Highway Trust Fund...

July 10, 2014 –

Congress is in the midst of another Perils of Pauline political showdown: This time the drama is over how to finance the highway trust fund, which...

July 10, 2014 –

The thing about pension smoothing: The bumps always come back. Neither the Committee for a Responsible Federal Budget nor TPC’s Len Burman will...

July 9, 2014 –

Pity House Ways & Means Committee Chairman Dave Camp. He wants to rewrite the tax code in a serious way, but instead he’s spending his days...

July 9, 2014 –

Smoothing pensions to fund highways: A bumpy, short road. The House Ways & Means Committee will include “ pension smoothing ” in a $10.9 billion...

July 8, 2014 –

In an extensive new analysis of House Ways & Means Committee Chair Dave Camp’s tax reform plan, my Tax Policy Center colleagues confirm his...

July 8, 2014 –

Tax expenditures for retirement saving top $100 billion annually—from 401(k)-type plans ($61.4 billion) to IRAs ($17.6 billion) to tax preferences...

July 8, 2014 –

Maybe Chicago is not their kind of town. Five Chicagoans, all Walgreen board members, need to decide whether to pack up and move the company’s...