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...

Some Republicans See ‘Chance’ of Budget Deal Soon

By Reuters

Leading congressional Republicans said on Sunday a broad deal with President Barack Obama on deficit reduction and entitlement reform remains possible but differed over potential flexibility on taxes...
Taxpayer Alert: IRS Has $917 Million in Unclaimed Refunds

By Alllison Linn, CNBC

It sounds like an e-mail scam, but this one is actually true. The Internal Revenue Service has hundreds of millions of dollars in unclaimed 2009 tax refunds, and you may be eligible for the money...
Budget Brouhaha: A Sure Way to Imbalance the Country

By Bruce Bartlett, The Fiscal Times

On March 12, Rep. Paul Ryan of Wisconsin, chairman of the House Budget Committee and former vice presidential nominee of the Republican Party, unveiled the latest version of a budget proposal he has...
3 Trends that Grow the Economy and One that Thwarts It

By Eric Pianin

As President Obama continues to confer with rank-and-file Republicans and Democrats on Capitol Hill today, a group of prominent CEOs gathered this morning in Washington to offer the president and...
8 Smart Ways to Lower Your Taxes in Retirement

By Steve Yoder, The Fiscal Times

Planning your income in retirement—and reducing your overall tax bill— is critical to making your money last. Here are nine ways to manage your tax bite after you leave the workforce.

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