11/27/13 09:03 AM
Media reports are filled with stories of wealthy New Yorkers and pro golfers in California threatening to move to escape high taxes. Travis Brown, author of "How Money Walks," said there is a "mass exodus" of money from high tax to low tax states. He said New York is losing $7,100 a minute in...
By Bloomberg News | 11/27/13 08:49 AM
With less than three weeks until their deadline, U.S. budget negotiators have yet to break an impasse over revenue, prompting lawmakers to draft plans to blunt $19 billion in defense cuts set to start in January.
By Paul Bedard | 11/27/13 07:44 AM
Lawmakers frustrated that Congress won't consider comprehensive immigration or tax reform can blame the 906 pages it took to write the Affordable Care Act and the subsequent 20,000 pages of regulations to enforce Obamacare.
By Sean Higgins | 11/26/13 05:29 PM
It's official: Union-managed multi-employer health insurance plans are getting a special exemption from an Affordable Care Act -- also known as Obamacare -- tax. To make up for the lost revenue, taxes are going up on other plans. The rules change, first proposed by the White House earlier this...
By Alfonso Aguilar and Rich Danker | 11/26/13 03:15 PM
As Puerto Rico marked the Nov. 19 anniversary of its discovery by Christopher Columbus, the Obama White House announced it was dispatching an interagency task force to give advice to the island's beleaguered government. With nearly $70 billion in public debt and a credit rating hovering near...
11/25/13 01:16 PM
(www.bloomberg.com) With less than three weeks until their deadline, U.S. budget negotiators have yet to break an impasse over revenue, prompting lawmakers to draft plans to blunt $19 billion in defense cuts set to start in January.
11/25/13 11:30 AM
(dailycaller.com) Montana Democrat Sen. Max Baucus’ tax reform proposal takes aim at tax benefits enjoyed by the oil and gas industry, but makes no policy recommendations on renewable energy tax subsidies. Baucus,
By Michael Barone | 11/22/13 07:59 PM
Are Republican politicians trying to frame a policy agenda stuck in a Reagan rut? A good case can be made that they are — or have been. Tax cuts have been a staple of Republican platforms since Jack Kemp persuaded Ronald Reagan to back a 30 percent tax rate cut in the 1980 campaign....
11/22/13 08:57 AM
(dealbook.nytimes.com) A tax proposal released on Thursday by the chairman of the Senate Finance Committee, Max Baucus, addresses a topic that tends to make my students’ eyes glaze over: cost recovery.
By Paul Bedard | 11/20/13 09:52 AM
A remarkable 18 states cut taxes this year, with 24 percent of the cuts coming in personal income taxes as governors and state legislatures moved to jumpstart their economies and get around Washington's gridlock, according to a new report card on the nation's legislative action. The bulk of...
By Philip Klein | 12/11/13
By Byron York | 12/09/13
By Philip Klein | 12/11/13
By Noemie Emery | 12/11/13