By Mark Tapscott | 12/11/13 09:49 AM
There are two ways of looking at the deal announced Tuesday night by House Budget Committee Chairman Paul Ryan and Senate Budget Committee Chairman Patty Murray. Either the deal — which rolls back the 2011 sequestration budget ceiling by increasing federal spending from $967 billion to...
12/10/13 11:06 AM
NEW YORK — A New York federal appeals court says the legality of a tax on Vermont's only nuclear plant is best left up to a state court. But it shot down some of the plant operator's arguments against the tax anyway.
By David M. Drucker and Susan Ferrechio | 12/10/13 07:36 AM
A proposal to raise various government fees to offset sequester-driven budget cuts is at the heart of a pending Congressional budget deal, though some are warning lawmakers that higher fees is another way of saying tax increase.
By Paul Bedard | 12/09/13 11:28 AM
Two House members on Monday raised new questions about the Internal Revenue Service's ability to protect personal information of Obamacare users from computer hackers. Citing a Treasury audit questioning the IRS system to fight hackers, Reps. Diane Black, R-Tenn., and Patrick Meehan, R-Pa.,...
By Mark Tapscott | 12/06/13 09:31 AM
Whether people say "Merry Christmas" or "Happy Holidays," one thing they shouldn't have to say about the favorite season of kids everywhere is "Christmas tree tax." But this perennial stinker of an idea from special-interest grinches with connections in the Obama White House is back, this time...
By Nicholas E. Calio | 12/05/13 02:23 PM
Congressional budget negotiators may be closing in on a limited agreement that would provide relief from the fiscal drama of the past few years. Unfortunately, they are doing so at the expense of air travelers and in a way that significantly increases federal spending — precisely the wrong...
By Bloomberg News | 12/05/13 10:05 AM
U.S. companies could encounter higher borrowing costs under a congressional tax plan that would reverse a 29-year-old policy making it easier for other countries’ residents to invest in U.S. corporate debt.
12/02/13 05:30 PM
WASHINGTON (AP) — On perhaps the busiest online shopping day of the year, the Supreme Court refused to wade into a dispute over state sales taxes for purchases on websites like Amazon.com, an outcome likely to prompt more states to attempt to collect taxes on Internet sales. Monday's court...
By Timothy P. Carney | 12/02/13 03:09 PM
If you're a business, the best way to get fat profit margins is by erecting (or finding yourself surrounded by) barriers to entry. Regulations are often efforts by incumbent businesses to erect barriers to entry, thus allowing for higher profit margins.
12/02/13 10:57 AM
The justices, without comment, today rejected appeals by Amazon and another Internet retailer, Overstock.com Inc., which said New York is violating the Constitution by demanding tax collection from companies that don’t have facilities in the state. New York’s top court upheld the state law.
By Philip Klein | 12/11/13
By Byron York | 12/09/13
By Noemie Emery | 12/11/13
By Philip Klein | 12/11/13