Taxes
Latest
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Tough Challenge Facing Obama Administration in Last Days of Budget Deliberations
Read moreToday’s New York Times article on the difficulty President Obama faces in keeping his promise about deficit reduction and tax cuts, Promise to Trim...
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Note to Citi: Get Your Fiscal House In Order!
Read moreThe IRS has agreed to give up billions in tax money in exchange for Citigroup’s repurchase of $20 billion of its assets held by TARP. In a notice...
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Event Recap: Release of 'Red Ink Rising'
Read moreOn December 14, the Peterson-Pew Commission on Budget Reform hosted a public event at the National Press Club to announce the release of its report...
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Peterson-Pew in the Press
Read moreThe Peterson-Pew Commission’s “Red Ink Rising” plan for American lawmakers has earned some black ink worldwide too since its release, not to mention...
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Red Ink Rising
Read moreIn Red Ink Rising: A Call to Action to Stem the Mounting Federal Debt, The Peterson-Pew Commission on Budget Reform calls on policy makers to...
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Five Steps to Cut the National Debt
Read moreSphere | Dec. 10, 2009 Earlier this week, lawmakers confirmed that they will increase the national debt ceiling by as much as $1.8 trillion – raising...
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Follow the House's Lead: Pay for the Extenders
Read moreYesterday, the House passed a $31 billion “tax extenders” bill to renew a number of tax rates for another year. The last minute passage of this...
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The Grassroots Talk Fiscal Stewardship
Read moreCitizens from across the country had a message yesterday for lawmakers: we are working together to solve our fiscal challenges, why can’t you? At a...
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Time for Tax Reform
Read moreToday, the President's Economic Recovery Advisory Board (PERAB) was scheduled to release its recommendations on reforming the tax code. Although they...
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House Votes to Make Estate Tax Permanent
Read moreThe House today voted to avoid eliminating the estate tax next year, only to have it return in 2011 at higher levels. Instead, the current levels of...
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Considering a War Tax
Read moreUpdate: An editorial in today's Washington Post discusses the possibility o f increasing the gasoline tax to help pay for the troop increase. The...
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Reports Roundup
Read moreA number of very interesting and relevant government reports have come out this week. Check them out: GAO: Recovery Act: Recipient Reported Jobs Data...