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 10:23 AM, May 14, 2013 • By GEOFFREY NORMANSeems K Street and Max Baucus were looking forward to a fun year of fixing up the tax code and making it stand up and salute. But now the IRS has gone and muddied the waters. As Erik Wasson and Peter Schroeder write at The Hill:
The uproar over the Internal Revenue Service targeting of Tea Party groups has stirred jitters on K Street over the prospects for getting tax reform done this Congress.
The uphill battle to simplify the complex tax code by winnowing tax breaks and lowering tax rates could take a step back if Democrats and Republican become consumed by the admitted IRS wrongdoing.
This is sad news since, as we all know, K Street and Baucus have only the public good in mind in their quest to undo some of the complexity for which they bear so much responsibility.
PS: It seem that Baucus was in favor of the IRS playing hardnosed with the Tea Party right up until the time he was against it. Wasn't he supposed to be going back to Montana where the elk bugle and the wild geese call?
Don't expect White House leadership on corporate tax reform.Apr 22, 2013, Vol. 18, No. 30 • By IKE BRANNON
The Obama administration recently signaled to the business community that it could countenance some version of a territorial tax system for income earned abroad by U.S. businesses. Tax reform enthusiasts have seized on this perhaps a little too desperately, as evidence that reform will occur this year. It’s a thin reed, however: If any tax reform does pass Congress it will happen in spite of, and not because of, this administration.
Read more... Don't expect White House leadership on corporate tax reform.Apr 22, 2013, Vol. 18, No. 30 • By IKE BRANNON
The Obama administration recently signaled to the business community that it could countenance some version of a territorial tax system for income earned abroad by U.S. businesses. Tax reform enthusiasts have seized on this perhaps a little too desperately, as evidence that reform will occur this year. It’s a thin reed, however: If any tax reform does pass Congress it will happen in spite of, and not because of, this administration.
Read more... 10:02 AM, Apr 11, 2013 • By MICHAEL WARRENVeteran Michigan congressman Dave Camp has all but ruled out running for an open Senate seat next year. The Republican chairman of the House Ways and Means committee told reporters Thursday morning at a breakfast sponsored by the Christian Science Monitor that he is focused on getting Congress to pass comprehensive tax reform.
“I’m not taking a serious look at the race,” said Camp. When asked by THE WEEKLY STANDARD about his interest in running, the Michigan Republican laughed.
Read more... Hosted by Michael Graham.4:22 PM, Mar 14, 2013 • By TWS PODCASTTHE WEEKLY STANDARD podcast with Fred Barnes. Hosted by Michael Graham.
Read more... Hosted by Michael Graham.4:22 PM, Mar 14, 2013 • By TWS PODCASTTHE WEEKLY STANDARD podcast with Fred Barnes. Hosted by Michael Graham.
Read more... A modest proposal.Mar 11, 2013, Vol. 18, No. 25 • By CHARLES WOLF JR.Nonprofit organizations (NPO), often referred to as the “independent sector,” are an essential part of America’s vibrant, pluralistic civil society. Their activities span a wide range of public and private purposes—philanthropic, cultural, religious, professional, educational, scientific. The public as well as private interests that NPOs represent add vitality as well as fractiousness to American society.
Read more... For incredibly cynical and corrupt reasons.Feb 11, 2013, Vol. 18, No. 21 • By IKE BRANNONArgentina hasn’t always been a basket case: In the early 1990s the country embarked on a radical privatization of government assets, with the result being a decade of strong growth and foreign investment. Much of the successes of that time have been reversed, but the story of how the statist Peronista party came to embrace such a radically pro-market agenda contains a political message for our country today, namely that sometimes the conditions are ripe for politicians to do the right things for the wrong reasons. And that is precisely why tax reform may now be feasible.
Read more... For incredibly cynical and corrupt reasons.Feb 11, 2013, Vol. 18, No. 21 • By IKE BRANNONArgentina hasn’t always been a basket case: In the early 1990s the country embarked on a radical privatization of government assets, with the result being a decade of strong growth and foreign investment. Much of the successes of that time have been reversed, but the story of how the statist Peronista party came to embrace such a radically pro-market agenda contains a political message for our country today, namely that sometimes the conditions are ripe for politicians to do the right things for the wrong reasons. And that is precisely why tax reform may now be feasible.
Read more... It’s embedded in the tax code.Dec 17, 2012, Vol. 18, No. 14 • By ASHLEY E. MCGUIRE
As our lawmakers—newly reminded of the power of female voters—huddle to strategize about the “fiscal cliff,” they have an opportunity to address a real threat to female prosperity: a tax code that is disproportionately burdensome to married women, especially working moms.
Read more... It’s embedded in the tax code.Dec 17, 2012, Vol. 18, No. 14 • By ASHLEY E. MCGUIRE
As our lawmakers—newly reminded of the power of female voters—huddle to strategize about the “fiscal cliff,” they have an opportunity to address a real threat to female prosperity: a tax code that is disproportionately burdensome to married women, especially working moms.
Read more... 10:08 AM, Mar 22, 2012 • By MICHAEL WARRENJohn Engler, the former three-term governor of Michigan and current president of the Business Roundtable, calls the House Republican budget proposal a "courageous exercise" and says it has "intriguing ideas" regarding tax and entitlement reforms.
Read more...
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