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Tax Code

The Tax Code Flunks a Carbon Audit

William S. Becker | Posted 08.22.2013 | Politics
William S. Becker

Policy geeks - I use that term with love -- have been waiting patiently for the National Academy of Sciences (NAS) to reveal how the U.S. tax code inf...

Obama Could Unveil Climate Strategy with Clean Air Act Tie Soon

Tim Profeta | Posted 08.21.2013 | Green
Tim Profeta

Potential regulatory tools under the Clean Air Act--beyond the greenhouse gas rules--could accelerate development and deployment of potentially game-changing clean air and energy technologies to reduce emissions in the nation's key industrial sectors.

Paul Krugman Surrenders To Washington

Bloomberg View | Francis Wilkinson | Posted 06.17.2013 | Business

BLOOMBERG VIEW Paul Krugman's column last week was depressing. I don't mean depressing in the way some people find Krugman depressing -- "there goe...

It's Time to Stop Talking About Tax Reform

Joseph J. Thorndike | Posted 08.11.2013 | Politics
Joseph J. Thorndike

Enough already: it's time to stop talking about tax reform. Not about necessary and useful changes to the tax code - by all means, let's talk about th...

The IRS: It's Bad Enough

Christopher Bergin | Posted 08.06.2013 | Politics
Christopher Bergin

The IRS is seriously and dangerously broken. This is not only unfair to the many dedicated public servants at the IRS; it's unfair to all of us. Get to the truth. Arbitrarily punishing the IRS isn't going to help any more than blindly defending the agency.

Scandal Could Boost Case For Big Reform

AP | STEPHEN OHLEMACHER | Posted 05.29.2013 | Politics

WASHINGTON -- The Internal Revenue Service's targeting of conservative political groups has little if anything to do with most everyday taxpayers, but...

Apple's Tax Avoidance: 'Not Illegal' Does Not Mean Moral, Right or Acceptable

Brian Levin | Posted 07.28.2013 | Politics
Brian Levin

Our government is not always going to protect us from everything that may be harmful or close loopholes to make our tax system more equitable and fair. That is just the way our system works. But, that is where all of us come in

Lawmakers Launch Website To Boost Public Support

Reuters | Posted 07.09.2013 | Politics

* Congressional tax writers unveil tax reform website * Senate panel eyes international tax options in meeting * New tax...

Dilemma -- the Earned Income Tax Credit

Christopher Bergin | Posted 06.25.2013 | Politics
Christopher Bergin

Immediately, some began to assert that Baucus' announcement meant the end of tax reform. Pardon me if I differ, but if anything, it probably helps the tax reform effort a bit by concentrating Baucus more on it.

Report Reveals Staggering Cost Of Corporate Tax Breaks

Reuters | Posted 06.15.2013 | Business

* GAO says corporate tax break costs jumps * April 15 deadline for lobbyists to submit comments on revamp * Corporate i...

When Tax Avoidance Crosses the Line

Christopher Bergin | Posted 05.12.2013 | Politics
Christopher Bergin

With the economy showing signs of recovery, it's high time that our federal lawmakers move beyond these self-induced crises and begin to talk about tax reform that can help taxpayers move forward with a clear understanding of how the tax code works and how much they owe.

Filing Your 2012 Taxes? You Aren't Alone

Kristie Arslan | Posted 05.09.2013 | Small Business
Kristie Arslan

Tax season can be a stressful time for anyone, but it is extremely painstaking for the small business community who must navigate through a complex, ever changing tax code.

Jack Lew: Lowering Corporate Tax Rate A 'Challenge'

Reuters | Posted 04.15.2013 | Business

WASHINGTON, Feb 13 (Reuters) - Jack Lew, Obama's Treasury secretary nominee, said on Wednesday that it would be challenging to lower the corporate t...

The Tax Code Can Be A Lethal Weapon

The Huffington Post | Mark Gongloff | Posted 01.29.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

NEWT Can Close Tax Loopholes

Rep. Charles Rangel | Posted 03.26.2013 | Politics
Rep. Charles Rangel

By using a loophole in the tax code, some individuals have organized their businesses in such a way that their earnings, what you and I would call "wages," can technically be called "profits" and therefore are not subject to Medicare tax.

Streamlined Home Office Deduction Could Mean Extra Bread for Small Business Owners

John Arensmeyer | Posted 03.25.2013 | Small Business
John Arensmeyer

There's no reason Congress can't work smarter instead of harder, and push through proposals that will do some real good for the majority of small businesses and their employees -- who, as consumers, are critical to our economy.

A State of Uncertainty

Christopher Bergin | Posted 03.20.2013 | Politics
Christopher Bergin

Still licking their wounds from the tax battle that featured the first tax rate increases on higher earners in 20 years, Republicans are sure to hold President Obama's feet to the fire in demanding steep budget cuts before they'll agree to raise the debt limit.

Good Tax News For Small =-Business Owners

The Huffington Post | Catherine New | Posted 01.16.2013 | Small Business

For millions of small-business owners and freelancers who work from home, it just got easier to get a tax break for home office space. Under a new ...

New Year's Resolutions And Corporate Social Responsibility

Rev. Seamus P. Finn, OMI | Posted 03.04.2013 | Religion
Rev. Seamus P. Finn, OMI

Recognition by corporations of their fair tax contribution could go a long way toward shoring up the social fabric, political climate and the financial health of our country, all currently sorely frayed.

Why You'll Pay Higher Taxes This Year

AP | By The Associated Press | Posted 02.15.2013 | Money

While much of Washington is consumed by the debate over tax cuts scheduled to expire next year, a big package of tax breaks already expired this year....

Corporate Responsibility and the 'Fiscal Cliff'

Rev. Seamus P. Finn, OMI | Posted 01.28.2013 | Business
Rev. Seamus P. Finn, OMI

There may be no better opportunity or context within which to include on the agenda a substantive and inclusive conversation about the social responsibility of corporations.

Taxing The Rich Still Popular With American Public

The Huffington Post | Arthur Delaney | Posted 11.28.2012 | Politics

Taxing the rich remains a popular policy with the American people, according to a new poll by The Washington Post and ABC News. Sixty percent of po...

Ex-Romney Adviser: Buffett Is 'A Master Of Tax Avoidance'

GREG MANKIW'S BLOG | GREG MANKIW | Posted 11.26.2012 | Business

Warren Buffett has an op-ed in today's NY Times on one of his most popular themes: The rich should pay more in taxes. At first blush, his position se...

De-Carbonize Our Taxes

William S. Becker | Posted 01.06.2013 | Green
William S. Becker

Tax policies that encourage carbon emissions range from subsidies for oil companies to mortgage interest deductions for energy-wasting McMansions, but neither Romney nor Obama has addressed it head-on.

Small Business Owners Want to Keep It Simple

Kate Maxwell | Posted 12.24.2012 | Small Business
Kate Maxwell

Given limited resources, the question of how to practically and effectively support entrepreneurs is an important one. To try to better understand what business owners themselves would like, we asked them.