Taxes
  • Senate Reaches Agreement to Extend Tax Breaks

    By Kim Dixon and Roberta Rampton, Reuters

    A bipartisan group of Senate tax-writers clinched a tentative deal on Wednesday to renew dozens of business tax breaks that have expired or will lapse at year-end, two top senators said, with further...

  • 10 ‘Kicked Cans’ That Can Send the U.S. Over the Cliff

    By Josh Boak and Eric Pianin, The Fiscal Times

    Amid all the mania about the government driving off the fiscal cliff early next year, there is the usual complaint about Washington putting off the kinds of reforms that would stop the federal budget...

  • Offshore Accounts on the Rise and Costing Taxpayers

    By Kenneth Thomas, Business Insider

    A new report by the Tax Justice Network, "The Price of Offshore Revisited," shows that the amount of wealth held in tax havens has increased enormously since 2004, and confirms what I previously...

  • How to Turn a Tax Increase into a Tax Cut

    By Bruce Bartlett, The Fiscal Times

    Talk about the so-called fiscal cliff has been shifting lately, away from the potential negative effects when a number tax cuts expire of toward the idea that this is a potential opportunity to...

  • Billions in Tax Dollars Subsidize Junk Food Industry

    At the same time the nation is experiencing a childhood obesity crisis, Congress and the Department of Agriculture are spending billions to subsidize the crops that are used as additives in...