Fresh from his victory in Nevada and operating on little sleep, Senate Majority Leader Harry Reid made it clear on a conference call this afternoon that Democrats are willing to compromise with their Republican colleagues — and expect the same attitude from the GOP.
“Republicans must take responsibility to solve More…
Today, the Annie E. Casey Foundation and the Corporation for Enterprise Development released a report showing that $400 billion given in tax breaks to “help families buy homes, start businesses, put their children through college, and retire comfortably” in 2009 helped the wealthy accrue wealth, but did little or More…
After 18 months of intensive study, the President’s Economic Recovery Advisory Board has released (PDF) a comprehensive review of the country’s tax code and made recommendations for simplification.
The board notes that the tax code has changed so often — 15,000 times since a major 1986 tax overhaul — More…
Want to lower your taxes and maybe get a bailout?
Incorporate.
The Government Accountability Office released a report today indicating that 83 of the 100 largest U.S. corporations — including many that are benefiting from Washington’s many taxpayer-funded bailouts — operate subsidiaries in countries known to be tax havens. Additionally, More…
rss