Tax Politics
The Politics of Taxes
US Pension System Woes
The Financial Times reviewed data recently that suggested that the US public pension system is in dire straits; the funding shortage is likely 3 times as large as what is being reported. The estimated deficit is $3.4 trillion. The solutions for the funding shortfalls...
Fix the Debt and Federal Spending
The Fix the Debt Campaign Steering Committee is a bipartisan group of prominent leaders and experts, including luminaries such as Erskine Bowles and Alan Simpson, the co-chairs of the White House Fiscal Commission. The Fix the Debt group put together some decent...
Treasury Department Continues Attack on Inversions, Businesses
Yesterday, The Treasury Department made more changes to rules with regard to inversions. The driving force behind the constant meddling into this legal practice is the retention of tax revenue. "Under the new rules, there will be a three-year limit on foreign...
IRS HCTT-2016-38: Obamacare and Businesses
Find Out How ACA affects Employers with 50 or More Employees Some of the provisions of the health care law apply only to large employers, which are generally those with 50 or more full-time equivalent employees. These employers are applicable large employers – also...
6 Years Later: The Failures of Obamacare
Everything we were promised with Obamacare has yet to come to fruition: keep your plan! lower prices! tens of millions insured! and a litany of other broken promises and predictions. Obamacare was signed into law on March 23, 2010. The Weekly Standard took the time to...
The IRS Scandal Continues: Judge Orders Release Of Target List
We're coming up on three years since the IRS scandal broke in May 2013. Most Americans have certainly forgotten about it, especially since the former head, Lois Lerner, went wholly unpunished. But some targeted groups have not forgotten about it, and continue to fight...