The fiscal 2020 budget signed into law December 20 is a big disappointment for tax administration, continuing the over 20 percent inflation-adjusted decline in IRS...
The tax treatment of employee stock and options used as a compensation mechanism raises a classic Goldilocks problem. We want the tax burden on this...
The Congressional Budget Office released its Analysis of the President’s FY2018 Budget last week, estimating that the plan would reduce the federal budget deficit from...
Much like the House-passed American Health Care Act (AHCA), the Senate leadership’s health bill includes a huge tax cut that mostly benefits the nation’s highest-income...
The Congressional Budget Office is under unprecedented political attack. These criticisms are overblown, and likely will prove to be counterproductive—even to those making them. CBO’s...
The “Main Street Fairness Act” ( H.R. 5076 and S. 707 ) requires tax “parity” between businesses organized as pass-throughs and corporations. The legislation has...
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...