tax policy

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Latest blogosphere posts tagged “tax policy”

  • Non-Newsworthy CBO Recovery Act Report is Big News


    The Fine Print: blog posts from OMBWatchAuthority Authority: 133
    In a non-exciting turn of events, a routine report from the Congressional Budget Office, Congresss non-partisan budget analysis arm, has set off another round of fighting over Recovery Act job creation. The report studies the economic effects of the Recovery Act, and estimates that the Act has created or saved ...
    4 hours ago
  • House Set to Vote on Pomeroy Estate Tax Bill


    The Fine Print: blog posts from OMBWatchAuthority Authority: 133
    The House plans to take up estate tax reform as early as tomorrow with a vote on Rep. Earl Pomeroys (D-ND) Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009 (H.R. 4154). The Pomeroy bill would permanently extend current estate tax law at a $7 million exemption for couples at a 45 ...
    5 hours ago
  • Brownfield tax abatement ambiguity


    Cuyahoga County Planning Commission WeblogAuthority Authority: 433
    Differing interpretations of Ohios brownfield remediation tax incentive statute nearly caused major problems for the Taylor Chair Company of Bedford.
    6 hours ago
  • Tax on Stock Trades: The Hits Keep on Coming


    The Tax Lawyer's BlogAuthority Authority: 432
    “Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.”- Winston Churchill -David Goldman of CNN.Money tells us of yet another way Democrats have take property away from successful and productive Americans:A growing chorus of ...
    8 hours ago
  • Taxpayer Sticker Price is $12,000 for Every GM Car Sold


    The Tax Lawyer's BlogAuthority Authority: 432
    If you favor the nationalization or extreme regulation of American industry, you should read this study published by the National Taxpayers Union:The American taxpayer has put up $12,200 for every General Motors vehicle sold through the beginning of 2011, and $7,600 for every Chrysler vehicle sold as well, according ...
    16 hours ago
  • Increase Corporate Tax Rates, Says Obama Chief Economic Advisor


    The Tax Lawyer's BlogAuthority Authority: 432
    Cato Institute’s Chris Edwards takes exception to White House National Economic Council Director Larry Summers‘ call for increased U.S. corporate income tax rates:Summers apparently wants corporations to “help the country” by paying more taxes. But Larry must know that it is individual workers, consumers, ...
    17 hours ago
  • Support Building for Tobin Tax


    The Economic Populist - Speak Your Mind 2 Cents at a TimeAuthority Authority: 592
    Bloomberg is reporting a Tobin Tax is gaining momentum. John Maynard Keynes proposed a tax on financial transactions in the middle of the Great Depression, and another economist, James Tobin, revived the idea in the 1970s as a way to counter currency market speculation. Neither effort gained much acceptance. Now, ...
    1 day ago
  • A Tax On Dining Out


    The Tax Lawyer's BlogAuthority Authority: 432
    David Boaz of the Cato Institute alerts us to an article in the Washington Post about efforts by two Virginia counties (Fairfax and Loudon) to put a surtax on dining out:Despite the recession, a growing number of Northern Virginia officials say they think people would be willing to pay more when dining out to avoid ...
    2 days ago
  • Victims of the Tax State: The Singing Nun


    The BeaconAuthority Authority: 611
    Shortly after the Kennedy assassination, a most unlikely celebrity bested the Beatles on the charts. She was Sister Luc Gabriel (Jeanine Deckers), better known as "The Singing Nun." Deckers had joined a Belgian convent in 1959. The songs she wrote and performed (particularly “Dominique,” a salute to the ...
    3 days ago
  • Botax Not a Tax on the Rich, Say Plastic Surgeons


    The Tax Lawyer's BlogAuthority Authority: 432
    The New York Times says that plastic surgeons and their patients are angered by Senate proposal of a 5% surtax on certain types of elective surgery:The tax, which would be paid by the customer but collected by doctors, would be levied on any cosmetic surgery that is not necessary to address deformities arising from ...
    3 days ago
  • The Problem with Deficit Financing a War


    EconomistMom.comAuthority Authority: 491
    (War bonds ad from the 1940s, from “Found in Mom’s Basement” blog .) As Bruce Bartlett explains in his Forbes column , when a war is deficit financed, people tend to (way) underestimate its economic cost (like all other things that are deficit financed), and that tends to tilt the subjective cost-benefit ...
    3 days ago
  • The “Scientific” Fraud of Climate Doomsday Mongering


    The BeaconAuthority Authority: 611
    With the Climategate revelations , momentum is definitely building against the credibility of the climate doomsday mongering, but will it be enough to derail the juggernaut for global warming statism? As the Wall Street Journal has noted in its November 27th editorial, “Rigging a Climate ‘Consensus’” : ...
    4 days ago
  • Taxing Wall Street


    The New Ledger Chequer-BoardAuthority Authority: 145
    Democrats seem to think that there is no problem we cannot adequately tax our way out of. They are entitled to their beliefs, but after a while, the constant repetition of “tax you, tax me, tax that fellow behind the tree” gets comical, and eventually, tiresome. Now, Democrats want to tax Wall Street, placing a ...
    4 days ago
  • Obama’s reverse stimulus on its way


    James PethokoukisAuthority Authority: 558
    Jed Graham of IBD highlights the coming fiscal drag in a pretty picture: Me: What would that mean for GDP growth? A pre-financial crisis analysis by Goldman Sachs predicts, for instance, found that getting rid of all the Bush tax cuts at the end of 2010 would cause a 3 percentage point drop in the economy in 1Q ...
    5 days ago
  • Financial Transactions Tax


    ataxingmatterAuthority Authority: 124
    The current financial crisis and economic recession were caused by a number of factors--from foolishly optimistic homebuyers to greedily speculative bankers, from push real estate salespeople to outright fraudulent mortgage brokers who talked naive first-time homebuyers into getting in way too deep, from regulators ...
    5 days ago
  • EcoMeme: Land Con$ervation


    EcoSalonAuthority Authority: 536
    Thanksgiving is for lots of things – feasting on turkey or vegetarian alternatives with family, watching or tolerating football, and if you’re celebrating it in the U.S., contemplating the origins of the country. European colonists here learned and gained a great deal from Native Americans, yet not how to live in ...
    6 days ago
  • MARRIED COUPLES FACE TAX IN SENATE HEALTH CARE BILL: The Washington Times


    MARRIAGEDEBATE.COM--MAIN BLOGAuthority Authority: 131
    reports: Senate Democrats health care bill would create a new marriage penalty by imposing a tax on individuals who make $200,000 annually but hitting married couples making just $50,000 more. ... Democrats said the bill will offer lower health care costs for small businesses and families, and said the new taxes are ...
    1 week ago
  • PGE, Nike fund anti-tax campaign


    PPS EquityAuthority Authority: 418
    Nigel Jaquiss reports in today’s Willamette Week that Nike, PGE and other large Oregon corporations are funneling money to oppose two tax measures on the ballot in January through the Portland Business Alliance and Associated Oregon Industries. PPS School board director Pam Knowles recently resigned as Chief ...
    1 week ago
  • IRS Credit Card Reporting Rules Won’t Work


    The Tax Lawyer's BlogAuthority Authority: 432
    In my previous blog post I wrote about the IRS’s issuance of proposed regulations on the new credit card transaction 1099 reporting requirement.I am dubious of the usefulness of the new reporting requirements because I don’t think they will achieve the IRS’s stated goal of finding unreported ...
    1 week ago
  • What’s Best for Our Breasts?


    EconomistMom.comAuthority Authority: 491
    OK, I’m jumping into this controversy about screening for breast cancer (mammograms, self exams, and the under- versus over-50 issue) a week late, but not because I haven’t been following the stories.  It’s kind of hard to know how to talk about one’s breasts when one has the perspectives of both an economist ...
    1 week ago

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