Rep. Ross Seeks the Start of Tax Reforms and to Bridge the Bipartisan Gap
America / Economy / Fiscal policy / Taxes

Rep. Ross Seeks the Start of Tax Reforms and to Bridge the Bipartisan Gap

Congressman Dennis Ross (R-FL) is making efforts to relieve bipartisan stress and initiate action on reducing the nation’s debt. Earlier this week he submitted two bills that would reduce government spending, the BOLD Act and the ZERO Act. The BOLD Act seeks to reform how the government handles money by reducing the White House’s and … Continue reading

Economy

Buffett Rule: #FAIL

“So we have a consensus. Nobody likes the Buffett Rule,” said Howard Gleckman, resident fellow at the Urban-Brookings Tax Policy Center and moderator of a forum today on whether the rich should pay higher taxes. The event’s expert panelists may not have agreed on what our tax code should look like, but they did agree … Continue reading

Economy / Fiscal policy / Healthcare / Politics / Tax

Occupy entitlements! And the tax code!

By Will Portman The Occupy movement has brought income inequality to the forefront of the national political discussion over the past year, even if both the movement and the issue have faded in recent months. Occupy protestors are concerned about the growing wealth gap in the U.S., pointing to studies like the recent Congressional Budget Office … Continue reading

Politics / Tax

Corporate tax “framework” misses the mark

The President announced his support today for corporate tax reform that reduces the rate to 28 percent by eliminating expenditures in the tax code, deductions, credits and the like. Ostensibly this reduction is a show of goodwill and a step forward. Yet under closer scrutiny, the President’s proposal hypocritically reinforces existing tax expenditures and fails … Continue reading

Economy

Day of budget hearings reminds everyone of the task ahead

Today’s hearings in the Senate and House Budget Committees highlight the ocean of varying perspectives on the President’s budget and the appropriate approach to take on essential reforms and deficit reduction. Though committee members were certainly guilty of playing the blame game, on both sides of the aisle, many showed a genuine concern for our … Continue reading