…on January 1, 2006. By 2010, these tax cuts will eliminate two current provisions of the tax code that limit the value of the personal exemptions and itemized deductions that…

…gains and dividends as regular income; Simpify tax expenditures, by consolidating and eliminating a myriad of tax deductions, exemptions, and credits into a few consolidated tax credits; Replace the estate…

…add up all the monthly costs and benefits (such as tax deductions) of owning versus renting. If buying still makes sense, his advice is: “Think long term — seven to…

…brackets significantly contribute to the complexity? Of course not. What’s complicated is calculating your income (especially if you, like me, derive income from several different sources) and calculating which deductions…

…this tax planning on the premise that the Federal government loses an estimated $11 billion in present value terms from the timing of tax deductions (there is a growing literature…

…even be enough to offset higher health-insurance deductions from paychecks. On top of that, many employees are doing more work than ever because co-workers have been laid off.” These data…

…nearly $900 billion (7% of GDP) more than the Red states. This means that because the tax system, even after factoring in all possible deductions and shelters, is moderately progressive,…

…income and the effective taxes paid. The incomes of the splits above were treated as the gross. We are obviously not considering deductions. We are simple seeing what the tax…

…streamlining its tortured administration and — to increase its “salience” — delivering the credit on weekly paychecks as we do with payroll tax deductions). If these subsidies were sufficient to…

…CBO reports in a new study today, Washington’s tax spending budget — comprised of everything from mortgage deductions to the child tax credit to lower tax rates on capital gains…