Senator Elizabeth Warren recently proposed a new corporate tax hike, which would supposedly prevent companies from exploiting tax breaks. Her proposal is deeply flawed: it fails to understand the difference … READ MORE
Taxes
What is the Tax Gap and What Can Be Done to Reduce It?
As Tax Day is upon us, roughly 150 million Americans will file tax returns. However, some won't, and some will underestimate their tax liability. These tax noncompliance issues lead to … READ MORE
Federal Housing Reform Should Start with Removing Tax Deductions
New York Governor Andrew Cuomo recently complained that the Tax Cuts and Jobs Act capped the deduction for state and local taxes (SALT) at $10,000. Cuomo claims to support progressive … READ MORE
121 Ways to Cut the Debt
In mid-December, the Congressional Budget Office (CBO) released its biennial “Options for Reducing the Deficit" report. With the deficit increasing dramatically in 2018, even in a year with strong economic … READ MORE
Don’t Blame Buybacks
This is an abbreviated version of an article from Without Objection. See the full version here. A popular critique of last year’s tax reform bill is that most of the … READ MORE
Tax Law: The Problem With The Pass-Through Deduction
The Tax Cuts and Jobs Act (TCJA) will turn one year old this December, an anniversary that should come with some analysis of how it is working. The law did … READ MORE
The Tailgate Tax Break
“When one door closes, another one opens.” -University Athletics Tax Attorneys, apparently When the Republican congress passed their major tax reform bill last year, they did more rate cutting than … READ MORE
Political Rhyming: The 116th and 99th Congresses
Speculation rises, as pundits predict what the 116th Congress will accomplish over the next two years. Some say a divided government means only more more gridlock is on the way. … READ MORE