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Martin Lobel
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Martin Lobel is a partner in Lobel, Novins & Lamont, a Washington, DC, law firm, and chairman of the board of Tax Analysts (www.tax.org), a source for journalists.

Entries by Martin Lobel

Plutocratic or Conservative Tax Reform?

(0) Comments | Posted April 14, 2016 | 1:15 PM

The current business tax code was designed by the best connected and paid lobbyists. It makes no economic sense. It hands out twice as much in subsidies as it collects in revenue according to Lee Sheppard, one of our most perceptive tax experts. And most of the legislative proposals to...

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Why Hillary Lost

(0) Comments | Posted February 14, 2016 | 5:03 PM

Hillary lost because she was perceived by the press and the voters as the candidate of the establishment - and she was. But most of the members of the Washington Establishment that I know are hard working caring people who are trying to govern well. Unfortunately, they operate in a...

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Who Is a Conservative or Liberal?

(1) Comments | Posted February 8, 2016 | 2:10 PM

I'm confused. Who is a conservative and who is a liberal, or the new PC term, a "progressive?"

Words have meanings but you'd never know that from the news media's coverage of the primaries. Conservative and Republican, liberal and Democratic are used synonymously in most of the media, but the...

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IRS Needs Help

(0) Comments | Posted December 14, 2015 | 10:48 AM

In this article, Lobel discusses the need for a well-funded IRS and the importance of a simple, fair, and efficient tax code.

* * * * *

We are on the edge of a precipice. Unless those who know the importance of the IRS take action, we are on the...

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Difference Between Republican and Democratic Party Demonstrated

(0) Comments | Posted December 2, 2015 | 7:38 PM

The key to cutting through the campaign rhetoric to determine what each party stands for is found in John Mitchell's advice, "Don't follow what we say. Follow what we do."

You couldn't have found a clearer example of what the Republican and Democratic Parties really stand for than in the...

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Where Is the Public Outrage at Schumer and Portman's Proposal

(2) Comments | Posted July 9, 2015 | 1:23 PM

Where is the outrage against Senator Schumer and Senator Portman's plan to subsidize multinational firms at the expense of domestic companies and American taxpayers? So long as the media focuses on the politics rather than the substance of their proposal, its unlikely to happen.

If we reduce the...

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Which Party Is Really the Tax-and-Spend Party?

(0) Comments | Posted June 12, 2015 | 10:18 AM

Democrats have allowed Republicans to convince the public that the Democrats are the Tax-and-Spend Party, while Republicans are the Tax-Cutting Party. The truth of the matter is just the opposite.

Most Democrats are actually trying to cut tax subsidies for the very wealthy - individuals and corporations - while...

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A Cynic's View of Tax Reform

(1) Comments | Posted June 9, 2015 | 10:08 AM

The more complicated a tax provision is, the more likely it is hiding an unjustifiable tax subsidy, and we all know our tax code is way too complicated.

Unfortunately, politicians have discovered that it is much easier to give a subsidy to their friends and contributors through the tax code...

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Why Are Conservatives Willing to Surrender American Sovereignty?

(1) Comments | Posted April 23, 2015 | 1:40 PM

Why are the Tea Party folks and other conservatives like Ted Cruz and Paul Ryan, who are usually so anxious to protect our citizens from governmental abuse, supporting putting trade agreements on a fast track? This means that Congress could not amend an agreement. It could only vote to approve...

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How the Republicans Could Make Government More Efficient, But Won't

(0) Comments | Posted April 21, 2015 | 3:11 PM

Almost the first thing the Republican leaders of the Senate and House promised when they took control of both houses of Congress was that they would make government work more efficiently. But they haven't and won't because that would require the chairmen of committees and subcommittees to potentially lose jurisdiction...

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Multinational Corporations Still Driving Tax Policy

(1) Comments | Posted February 24, 2015 | 11:05 AM

Martin Lobel is a partner at Lobel Novins & Lamont LLP and the chair of Tax Analysts' board of directors.

[Lobel argues for a return to a genuinely conservative position in which the market picks the winners in business; the elimination of all business tax subsidies; and an economic structure...

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Government, Not Taxes, Should Set Our Priority

(0) Comments | Posted December 10, 2014 | 9:38 AM

Until we decide what we want government to do, "tax reform" will merely shift the tax burden from those who can afford expensive lobbyists to those who can't. One result will be a more complex and inefficient tax code that cannot be administered by the IRS because of deliberate cuts...

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Unintended Consequences? Board of Directors Subject to Being Jailed for Corporate Criminal Actions?

(0) Comments | Posted July 1, 2014 | 2:41 PM

This week's decision by the Supreme Court in the Hobby Lobby Stores case and its earlier decision in Citizens United that corporations have certain personal rights raises issues of what criminal penalties can be imposed. This is particularly important now that the Justice Department is imposing criminal penalties on corporations...

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Why We Are Losing the Tax Reform Debate

(3) Comments | Posted April 1, 2014 | 1:45 PM

The tax reform debate is being lost because of the way it is being defined in the media, and by the politicians beholden to their wealthy contributors. Reform does not mean raising taxes on the rich. It means cutting tax subsidies to the rich to slow the dramatic shift of...

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Increase Taxes or Cut Tax Subsidies for the Rich?

(30) Comments | Posted March 14, 2014 | 3:09 PM

How you ask a question often decides a discussion. If you ask persons on the street whether they would prefer to increase taxes on the rich or cut tax subsidies for the rich, the chances are that you will get far different answers even though the economic effect is the...

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Should We Subsidize Multinationals or Repair Our Infrastructure?

(2) Comments | Posted January 28, 2014 | 9:49 AM

Are we better off increasing subsidies to "American" multinational corporations so they can "compete" more effectively against "foreign" multinational corporations even though that would increase their incentives to export jobs and profits, or are we better off cutting those tax subsidies and using that money to repair our infrastructure, create...

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We Cannot Solve Income Inequality Without Tax Reform

(1) Comments | Posted June 24, 2013 | 5:43 PM

Everyone admits that our current tax system is broken and many "reform" proposals are being considered. But, our current tax code is too fragile to support most of the current "reform" proposals that powerful interests want to layer on it. Instead, we need to strengthen and simplify the tax code...

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G-20 Proposal to End Tax Evasion Won't Work

(1) Comments | Posted May 2, 2013 | 10:40 AM

The G-20 just proposed that countries automatically exchange tax-relevant bank data to help stop international tax evasion. International tax evasion is a serious problem. But the proposal, strongly supported by Treasury, will not work to prevent the biggest source of tax evasion -- multinational corporations use of transfer pricing to...

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Why Is Treasury Protecting Tax Havens for Multinationals?

(1) Comments | Posted April 22, 2013 | 5:56 PM

Everyone -- except Treasury, apparently -- agrees that our international tax system, which is based on transfer pricing, is broken. Because U.S. multinational companies are allowed to expense foreign costs as they are incurred and can wait to pay tax on foreign income until it is repatriated, they can avoid...

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Exempting Foreign Profits From Taxes Will Hurt US Economy

(0) Comments | Posted March 14, 2013 | 3:17 PM

At a time when everyone seems to agree we must do more to create jobs in the United States, multinational corporations are aggressively pursuing a stealthy campaign to eliminate taxes on their "foreign" profits. As President Obama reaches out to the business community for support of his legislative proposals, the...

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