2012 Elections

GOP Leaders Take on Far Right Pressure Groups

By Eric Pianin

There have been plenty of theories about why Senate Minority Leader Mitch McConnell (R-KY) strode onstage at a conservative gathering late last week carrying a rifle. Ostensibly, McConnell, the 72-...
Some CEOs Are Still Cashing In at Our Expense

By Josh Boak, The Fiscal Times

Many of the highest paid CEOs might be ripping off stockholders and taxpayers, according to a study released Wednesday by the progressive Institute for Policy Studies.
Tax Reform Could Be Easier Than Congress Thinks

By Yuval Rosenberg

The conservative-leaning Tax Foundation issued a press release Monday touting some “good news for tax reformers”: An analysis by experts at the foundation found that a plan to dramatically simplify...
‘The Daily Show’ Explains Why Our ‘Chicken$#!&’ Congress Hasn’t Reformed the Tax Code

By Yuval Rosenberg

Congress may be out on its month-long August recess, but that doesn’t mean “The Daily Show” stops its skewering. Last night, host John Oliver took on our broken tax code – and used the issue to take...
How 21 Major Corporations Dodged $93B in Taxes

By Eric Pianin and Josh Boak

Twenty-one of the top 100 publicly traded U.S. corporations – including such big names as Goldman Sachs, Apple and Walt Disney – have avoided paying $93 billion a year in federal taxes by parking...

Obama’s Bargain: Lower Rates for Higher Spending

By Eric Pianin

President Obama intends to make one last pitch for a “grand bargain” of new spending and tax policy on Tuesday that will attempt to marry corporate tax reform with funding for jobs to benefit the...
Ominous Signs for the GOP in 2014

By Bruce Bartlett, The Fiscal Times

The conventional wisdom is that Republicans are in good shape going into next year’s congressional elections. Gerrymandering and the enormous benefits of incumbency virtually guarantee them continued...
Trading Tax Write-Offs for Real Growth

By Andrew Fieldhouse, The Fiscal Times

Overhauling the tax code is a wonky fixation of the D.C. policymaking elite, for good reason — it’s an area loaded with policy nuance, lobbying intrigue and major ramifications for long-term fiscal...
IRS Scandal: How the Brouhaha Went Bust

By Peter Weber, TheWeek.com

Rep. Darrell Issa is still banging the scandal drum. Is anyone listening anymore?
Beer, Burgers, and a Two-Man Blitz on Tax Reform

By Josh Boak, The Fiscal Times

Sen. Max Baucus (D-MT) and Rep. Dave Camp (R-MI) are keeping hope alive that the tax code can be rewritten. Both peg the odds of successful reform at more than 50 percent, according to a joint lunch...

Obama May Already Be a Lame Duck President

By Josh Boak and Eric Pianin, The Fiscal Times

Is it possible that little more than two months after his second inauguration, President Obama is beginning to run low on juice? His favorability is sagging. The progressive agenda he touted has...
Higher Tax Burden May Follow Same-Sex Marriage

By Reuters

If the U.S. Supreme Court strikes down a federal law defining marriage as between a man and woman, the newfound rights for gay married couples may bear something not so welcome - a bigger tax burden.
Is Republican Tax Policy Undermining Tax reform?

By Bruce Bartlett, The Fiscal Times

It’s the time of year when taxpayers become acutely aware of what tax deductions, exemptions and credits they qualify for. After all, if a taxpayer is in the 25 percent tax bracket, a $1 tax...
10 Tax Laws That Hurt the Economy Most

By Steve Yoder, The Fiscal Times

Here are ten tax laws that could stand to be revised—or eliminated all together.
U.S. Global Companies Make More, Pay Less in Taxes

By Jia Lynn Yang, The Washington Times

Companies listed on the current Dow 30 pay less than half in federal income tax on their profits than they did in the 1960s and early 1970s.

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