Here’s a copy of Rep. Eliot Engel’s (D-N.Y.) legislation that would prevent BP from claiming a $10 billion tax deduction from the cost of responding to the spill.
Bloomberg’s Ryan Donmoyer digs deeper into the question of whether the administration’s plan to scale back deductability of charity donations by wealthy Americans will hurt the non-profit sector. His report today generally confirms the analysis of the Center for Budget and Policy Priorities reported here yesterday.
“Given the size
One advantage President Obama’s foes have in mounting their domestic agenda of obstruct and obscure is the luxury of the content-free talking points. For example, ever since President Obama proposed limiting the tax deductions of the most affluent Americans as a means of paying for health care reform last, a More…
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