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Tax Reform

It's Nice to See Republicans Tout the Economic Recovery. But Why on Earth Would They Think They're the Cause?

Rep. Sandy Levin | Posted 01.26.2015 | Politics
Rep. Sandy Levin

The major reversal from deep decline to economic growth occurred despite Republican opposition to President Obama's proposals, repeated GOP threats to default on our debt obligations, and an incredibly harmful 16-day government shutdown. And not only have Republicans stood in the way of Democratic policies, but they're now attempting to take credit for the recovery itself.

My Statement on the President's New Tax Proposals

Bob Greenstein | Posted 01.20.2015 | Politics
Bob Greenstein

In recent decades, economic growth has powerfully benefited Wall Street while leaving much of Main Street behind. The plan that President Obama unveiled today would take large, important steps to help redress part of the imbalance and make prosperity more broadly shared.

New Year, Fresh Start: Congressional Dos and Don'ts

Jaimie Woo | Posted 01.20.2015 | Politics
Jaimie Woo

Another year has come and gone, and 2015 presents an opportunity to start fresh. With that in mind, it's time for the newly minted 114th Congress to make the right choices for the public's interest in its New Year's resolutions, and making the tax code fairer is a good place to start.

When Congress Cooks the Budget Books, the Rest of Us Get Burned

Frank Clemente | Posted 01.09.2015 | Politics
Frank Clemente

What if a losing team could simply change the scoring system so it looked like it was winning? That's what Republicans in Congress recently decided to do after 35 years of pushing a losing policy of trickle-down economics.

Ed Kleinbard Calls Out 'Dynamic Scoring'

Jared Bernstein | Posted 01.05.2015 | Politics
Jared Bernstein

My personal opinion on all this: the change in the scoring rules is an effort to smooth the way to "tax reform" and the less we hear about "tax reform" in this Congress the better.

Inclusive, Sustainable Growth Latin America: The Road Ahead

Winnie Byanyima | Posted 12.05.2014 | Impact
Winnie Byanyima

Latin America is proof that the global trend of rising economic inequality can be reversed, if the political will exists. Despite historically being the most unequal region in the world, it is the only region that has managed to reduce inequality during the past decade.

A GOP for America's future

Dustin Siggins | Posted 01.19.2015 | Politics
Dustin Siggins

Speaker John Boehner and Senate Minority Leader Mitch McConnell have promised that Congress would move on tax reform, the national debt, and repealing the Affordable Care Act. We hope that they follow through -- but given the GOP's tendency to overpromise and under-deliver, we have our doubts.

Entrepreneurs: Engines of Our Economic Growth

Rep. Scott Peters | Posted 01.18.2015 | Politics
Rep. Scott Peters

On National Entrepreneurs' Day, we have a responsibility to ensure that our policies help give every would-be business owner a fair shot in this economy. That means supporting two key bipartisan priorities: comprehensive tax reform and common-sense regulatory reform.

G20 Leaders Must Turn the Tide on Inequality and Climate Change

Winnie Byanyima | Posted 01.14.2015 | Impact
Winnie Byanyima

The two great challenges of our time -- inequality and climate change -- are threatening to undermine the efforts of millions of people to escape poverty and hunger. By concentrating wealth and power in the hands of a few, inequality robs the poorest people of the support they need to improve their lives.

The Tradeoffs of Tax Dodging

Raymond C. Offenheiser | Posted 01.14.2015 | Impact
Raymond C. Offenheiser

To fund essential services and tackle global inequality, we must ensure that companies pay their fair share of taxes. A first step is to compel corporations to publicly report where they earn their profits and where they pay taxes -- so-called country-by-country reporting.

Paul Blumenthal

Remember Who Held Election's Purse Strings As Congress Sets 2015 Agenda

HuffingtonPost.com | Paul Blumenthal | Posted 11.12.2014 | Politics

WASHINGTON -- Following the Republican wave that swept away the Democratic Senate majority last week, reporters, advocates and pundits debated the eff...

Paul Blumenthal

Current and Incoming Republican Senators Set Out Pro-Corporate Agenda For Next Congress

HuffingtonPost.com | Paul Blumenthal | Posted 11.10.2014 | Politics

WASHINGTON -- Republicans senators, including those already in office and incoming new members, discussed across morning television shows on Sunday wh...

Women Entrepreneurs: An Exploding Small Business Demographic

Katie Vlietstra | Posted 01.04.2015 | Small Business
Katie Vlietstra

With just days until the midterm elections, you can definitely count on one demographic group to show up at the polls: women small business owners. By an overwhelming margin -- 86 percent -- women entrepreneurs intend to go to the polls to cast their ballots across this nation.

Three Buckets of Small Business Attention

Katie Vlietstra | Posted 12.22.2014 | Small Business
Katie Vlietstra

The small business community, including self-employed and micro-businesses, welcomed a major benefit this tax year: a new, streamlined IRS home office standardized deduction.

Warren Buffett: U.S. Never Followed Through On That Whole 'Tax The Rich' Thing

The Huffington Post | Alexander C. Kaufman | Posted 10.08.2014 | Business

Warren Buffett thinks it's a problem that some of the wealthiest Americans pay lower tax rates than their housekeepers. The billionaire investor sa...

Why You Shouldn't Be 'Optimistic' About Corporate 'Tax Reform'

Dave Johnson | Posted 12.03.2014 | Business
Dave Johnson

"Reform" is lobbyist-speak for opening up the floodgates, hanging the flags out, lighting the savings accounts on fire, letting dozens of blackbirds fly out of the pie, letting the horses out of the barn and generally fleecing the citizenry.

Rubio and Lee Are Right on Pro-Family, Pro-Growth Tax Reform

John Murray | Posted 11.26.2014 | Politics
John Murray

Not only can conservatives offer reforms that are both pro-growth and pro-family -- we absolutely must do so in order to earn the trust and support of millions of Americans who are working hard to raise families and make a middle-class living.

Recent Inversion Wave Brings on Slew of Outrage -- What's Next?

Jaimie Woo | Posted 11.22.2014 | Politics
Jaimie Woo

By buying out a foreign company and using it as a tax haven, companies that "invert" don't move abroad in any real sense, and continue to benefit from America's infrastructure, education system, security and large consumer market.

Reforming Our International Tax System Is at the Heart of American Economic Competitiveness

Claire Buchan Parker | Posted 11.04.2014 | Business
Claire Buchan Parker

The fact that U.S. multinationals have not given up and are actively dealing with this tax challenge does not mean that the status quo fossilized in our outdated tax code shouldn't be addressed and in an urgent manner no less.

John Boehner And Top Republican Profit From Corporate Inversions

The Huffington Post | Sam Levine | Posted 08.27.2014 | Politics

House Speaker John Boehner (R-Ohio) and House Ways and Means Committee Chairman Dave Camp (R-Mich.) personally profited from a corporate tax loophole ...

Yellen + Jackson Hole = More Growth

Harlan Green | Posted 10.25.2014 | Business
Harlan Green

The evidence is mounting, if not already there, that some higher taxation -- including a streamlining of the various tax codes that eliminates the perks -- is needed to spur continued growth. But when will the politicians finally wake up to that fact?

Curbing Corporate Inversions Through Public Pressure for Economic Patriotism

Anne Tucker | Posted 10.20.2014 | Business
Anne Tucker

Public pressure for economic patriotism and corporate stewardship must be a part of any permanent solution. It will mitigate market-based profit maximization pressures. Brand identity and consumer loyalty are not subject to the kind of loopholes that riddle the tax code or the partisan gridlock in Washington, D.C.

Obama Seeks Executive Ways To Limit Tax Inversions

AP | By JOSH LEDERMAN | Posted 10.05.2014 | Politics

WASHINGTON (AP) — Aiming to sidestep a logjam in Congress, the Obama administration is looking for steps it could take on its own to prevent America...

Obama: Offshore 'Tax Inversions' Are Unpatriotic

AP | Posted 07.26.2014 | Politics

WASHINGTON (AP) — President Barack Obama says a loophole that lets companies dodge U.S. taxes by moving their headquarters overseas is unpatriotic. ...

Is What I Saw in Detroit America's Future?

Scott Paul | Posted 09.24.2014 | Business
Scott Paul

In Detroit, it's come down to matters of basic survival: keeping the water turned on, providing basic public services, determining which blocks to raze and which to save. These are decisions no one should have to make.