…vast majority were receiving an enhanced premium tax credit. If the enhanced tax credits expire, many Marketplace enrollees will continue to qualify for a smaller tax credit. Others will lose…

…Tom Hungerford,Taxes and the Economy: An economic analysis of top tax rates since 1945 (CRS, Sept. 14, 2012). Advocates of lower tax rates argue that reduced rates would increase economic…

…huge amounts of revenue lost to federal tax loopholes known as “tax expenditures,” which include the home mortgage interest deduction and tax-free health premiums for employees. Proponents of rolling back…

…the 2004 tax legislation–the corporate pay-back bill that was sold to the public with the same old claim that tax cuts would create millions of new jobs. The 2001-2003 tax…

…issue is Question 1, which would eliminate the state income tax. It would save the average taxpayer about $3,600 a year. Annual revenue from the tax is about $12.5 billion,…

By Linda Beale crossposted with Ataxingmatter FATCA (foreign account tax compliance act FATCA (foreign account tax compliance act–or is it the anti-fatcat act?) The attention of US tax enforcement has…

by Linda Beale Kooky Tax Protestors! Anybody who has read much of my blog probably has realized that I don’t think much of “tax protestor” movements like the one Wesley…

…economic growth followed a tax reduction. However, that happened when the top marginal tax rate was boosted above 90%. Interestingly enough, though the so-called “Kennedy Tax Cuts” are often used…

…this provision, it is more likely to hit middle income taxpayers. Which is fairer–taxing carried interest like the compensation income it is, or hitting middle income taxpayers with higher taxes…

…on the declining level of Federal corporate profits taxes relative to pretax income. This ratio is less than the overall effective tax rate to the degree that companies pay foreign…