Morning Bell: Government-Run Health Care by Next Thursday?
The Washington Post front page blares today: “Prospects for Public Option Dim in Senate.” Don’t believe it. Yes, the Senate Finance Committee did vote down two amendments that each would have added a...
View ArticleSenate Democrats Want Unnecessary $1.5 Trillion Tax Increase
Chris Maddaloni/CQ Roll Call/Newscom It has been nearly four years since the last time the Senate passed a budget. In that time, it hasn’t as much as proposed a budget. That at long last changed...
View ArticleBaucus–Hatch “Blank Slate” Tax Reform a Positive Step but Too Narrowly Focused
Sen. Orrin Hatch (R-UT) (Newscom) Chairman of the Senate Finance Committee Max Baucus (D–MT) and Ranking Member Senator Orrin Hatch (R–UT) recently proposed a “blank-slate” approach to tax reform. This...
View ArticleGandolfini’s Death and the Need to Repeal the Death Tax
James Gandolfini, star of HBO’s ”The Sopranos’ (HBO/ZUMA Press/Newscom) James Gandolfini died of a heart attack last month while traveling in Rome. The Sopranos star was estimated to be worth nearly...
View ArticleBaucus Joins International Tax Reform Debate, but His Plan Falls Short
Newscom Chairman of the Senate Finance Committee Max Baucus (D–MT) released his draft proposal for reforming the tax treatment of multinational businesses. It is a positive step, if overdue, for tax...
View ArticleBaucus Heads Wrong Way on Important Part of Tax Reform — Again
Newscom Chairman of the Senate Finance Committee Max Baucus (D–MT) continues to release draft proposals on important parts of tax reform. His latest draft proposal is a deeply troubling plan. Baucus...
View ArticleBaucus Continues Losing Streak with Energy Tax Reform Draft
Chairman of the Senate Finance Committee Max Baucus (D–MT) released a draft bill to reform the way the tax code treats energy. This latest draft reform plan misses the mark, just like his earlier...
View ArticleConstructive Small Business Expensing Bill Introduced
Representatives Pat Tiberi (R–OH) and Ron Kind (D–WI), both Ways and Means Committee members, have introduced the America’s Small Business Tax Relief Act of 2014 (H.R. 4457). This legislation would...
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