…Making Our Tax System—and Tax Season—More Burdensome Roosevelt Institute, Emily DiVito February 5, 2023 With tax season upon us, a bevy of taxpayers have taken to social media to decry their unexpectedly…

…pays no taxes on the trading profits until it sells the fund shares and then the reinsurer is taxed at a lower capital gains tax. The tax savings are passed…

…(without that partnership interest itself being subject to tax as compensation) entitled to receive capital gains distributions. Accordingly, as one partnership tax treatise puts it, the tax treatment of a…

…physicians what they already k new, Depakote was a very valuable medication for “off-label” (unapproved uses). In the irony department, prescribing and administering Depakote for off-label uses is legal, and…

…the so-called “fiscal cliff”–tax cuts and spending cuts. 1. The Bush tax cuts, job creators, and uncertainty The right has, not unexpectedly, argued that not extending all of the tax…

…politicians on the right about how a corporate tax “overhaul” is needed because our taxes are “too complex” and/or “too anti-competitive” or because our tax rates are “too high”. The…

by Linda Beale Red state tax “reform” and “economic growth” As most tax practitioners and academics know, Professor Paul Caron maintains a “tax prof blog” that provides timely links to…

…American version of a European-style grand coalition of the center-left and the center-right. I don’t think there’s much prospect that Mrs. Clinton will actually do that. But if by any…

…candidate who wants no tax increases. Back in September 50% of Americans favored a mix of spending cuts and tax increases (but 64% weren’t willing themselves to pay higher taxes,…

…statutory federal income tax rate, but they don’t pay that tax rate on their economic income. The majority don’t pay any federal income tax most of the time. Those that…