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Congress Tax Reform

Tax Day for the 99%

Lisa Mensah | Posted 06.19.2013 | Business
Lisa Mensah

For many Americans April 15 is a reminder that those crafting tax laws in Washington seem to be in a different world. Yet we create some of our most important social policy through the tax code.

Michael McAuliff

Chuck Schumer Calls For Fiscal Cliff Fix In Lame Duck Congress, Higher Taxes For Rich | Michael McAuliff | Posted 10.09.2012 | Politics

WASHINGTON -- The only responsible way to spare the middle class, cut the deficit and avoid falling off the rapidly nearing "fiscal cliff" is to cut e...

Amanda Terkel

GOP Lawmakers Short On Specifics About Tax Loopholes To Close | Amanda Terkel | Posted 10.04.2012 | Politics

DENVER -- Mitt Romney refuses to identify which tax deductions and loopholes he would close in order to pay for the tax cuts he would push as presiden...

Jennifer Bendery

Nancy Pelosi: End The Payroll Tax Cut | Jennifer Bendery | Posted 09.22.2012 | Politics

WASHINGTON -- House Minority Leader Nancy Pelosi (D-Calif.) says Congress should let the payroll tax cut expire at the end of the year and instead wor...

The Economic Impact of Raising Taxes on High-Income Households

Jared Bernstein | Posted 06.25.2012 | Business
Jared Bernstein

Although tax increases on high-income individuals might reduce their saving, if the revenue generated is devoted to deficit reduction, the resulting increase in public saving is likely to more than offset any reduction in private saving.

President Obama: Tax Reform Is Going To Be Like 'Pulling Teeth'

AP | By KEN THOMAS | Posted 03.07.2012 | Business

WASHINGTON -- President Barack Obama told business leaders Tuesday that the nation needs to reform its tax system to help boost the economy, saying th...

Crucial Reform Seen As 'Ferociously Difficult'

AP | By TOM RAUM | Posted 02.06.2012 | Politics

WASHINGTON -- Tax reform sounds like a good idea to lots of people, but where to start? Eliminate the popular deduction for home mortgages? End the wr...

The Loyalty Oath Business

Barry Levinson | Posted 10.08.2011 | Politics
Barry Levinson

In a time of a recession when jobs are hard to come by, Grover Norquist has invented a job for himself. His job is to make sure that those in Congress take a loyalty oath to say that they will never raise taxes.

Sam Stein

Congress, Unions, K Street Gear Up For Haiti Relief | Sam Stein | Posted 05.25.2011 | Politics

Congressional leaders on both sides of the aisle are making a small but symbolic legislative push to spur immediate charitable donations to the earthq...