In this case the strong support of the public for these programs -- which cuts across party and demographic lines -- overcame the power of corporate money and the political elite. When push came to shove, not enough politicians were prepared to go against the strongly held views of their constituents.
The Senate bill already makes earning legal status extraordinarily difficult, lengthy, and expensive. What do we have to gain from adding unnecessary obstacles to legalization for families simply trying to come out of the shadows?
Reasonable people would agree that a bank having a history of involvement with fraud and mismanagement (and a recipient of one of the largest bank bailouts) shouldn't be writing bank legislation. Unless, of course, you are the U.S. Congress doing business as usual.
As our new report explains, some senators are proposing amendments to the immigration bill that would make its long and difficult path to citizenship far more difficult -- in some cases undermining the fundamental goal of enabling undocumented workers to legalize their status.
Ireland's tax system has been placed under a microscope from politicians in the UK and U.S. Why? Because some companies have, in turn, faced scrutiny for their own tax practices.
Not only are there a great many tax considerations related to fatherhood, many of them are often overlooked. So to mark Father's Day, here are some tax-specific ways to take advantage of the unique benefits of being a dad.
The reader may wonder whether Roger Myerson is making an effort at irony. No. Our family rule that it is impossible to compete with unintentional self-parody is once again vindicated.
As we move forward, if we can keep our focus on how to best craft, market, sell and support whatever it is we do -- profit or not -- and if we can learn from each other, then we'll all be better off.
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...
Carried interest reform will almost certainly be part of any major tax reform bill offered by Camp or Baucus. But it's also possible that even if tax reform efforts fail or stall, carried interest legislation could find its way into an extenders package or as a pay-for for deficit reduction or an extension of the debt limit.
Even for experienced international tax experts the technical and conceptual issues involved in determining where multinational profits should be located is enough to make one's head spin.
Divorce opened my eyes to many things I had never really thought about before. Among them, thong underwear, generic spring water, and one of the biggies... taxes. Unfortunately, there is a downside to receiving alimony, it is considered taxable income.
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.
Quick as a flash, the Tea Party became the Alcoholics Anonymous of political donors, and it still is. That's what this IRS scandal is really all about: keeping political donors names a secret by using 501(c)(4) entities to make sure that the donations are written in invisible ink.
Is Senator Warren's plan the best way to help struggling students pay for the cost of higher education? Certainly not. But given the way Washington works, you take what you get, which means the plan deserves support.
What should you do to ensure you don't get one of those dreaded "We found an error on your tax return" IRS letters, or even worse a more detailed in-person audit of your tax return?