The end-of-year budget deal passed by the House and Senate repealed the so-called “Cadillac Tax.” While never implemented, the Cadillac Tax would have placed a 40 percent excise tax on … READ MORE
Taxes
How Much Money Is There in Better Tax Enforcement?
In her plan to pay for Medicare for All, Sen. Elizabeth Warren recently proposed raising $2.3 trillion dollars over 10 years from simply better enforcement of existing tax laws. While … READ MORE
A Good Tax Idea and a Bad Tax Idea From the GOP
While all eyes are on impeachment, some folks in Washington are still continuing to propose legislation on bread and butter policy issues. Notably, there are two tax policy ideas some … READ MORE
Senate Democrats Attempt to Pass $650 Billion Tax Cut
The ease and level in which the Republican Party has thrown fiscal responsibility out the window over the last three years has been a galling display of hypocrisy that will … READ MORE
Want to Tax Wealth? Implement a VAT.
Microsoft founder Bill Gates made headlines last week when, in an interview with Bloomberg, he expressed openness to the idea of Elizabeth Warren's wealth tax, which would impose a tax … READ MORE
Where Elizabeth Warren and Republicans Might Have Common Ground on Taxes
Sen. Elizabeth Warren has made private equity companies a villain of her presidential campaign, and has introduced a big plan to try to punish them. While a lot of her … READ MORE
Time Traveling Tax Breaks
[embed]https://youtu.be/MBxRF45vauA[/embed] They are the forgotten New Year’s Resolution of Capitol Hill. Everyone swears this is the last year right up until the point where they extend them all over again. … READ MORE
Federal Contracts for Tax Cheats
In 2016, the federal government awarded $17 billion to contractors that owed a collective $1.8 billion in taxes. Since 2008, the Federal Acquisition Regulation (FAR) has required contractors to report … READ MORE