IS IT TIME TO REVIEW YOUR BUY-SELL AGREEMENT?

Tax Class Warfare -- It's Not About Luck

by Christopher Bergin | July 27, 2010 - 2:07 PM EDT

When talking about the rich, Treasury Secretary Geithner and President Obama refer to them as "fortunate," insinuating -- if not just stating it outright -- that the rich are lucky. That's why they're rich. This is a point of view I 'd expect from a couple of liberal arts college professors, not from those in charge. [Read More] (3 comments)

• Handicapping Horse Racing in the House of Representatives
• The IRS: About to Swing Out of Control
• Happy Birthday, Tax Analysts!

All posts by Christopher Bergin

Business Should Lead on Deficit Control and Tax Reform

by Martin A. Sullivan | July 26, 2010 - 12:57 PM EDT

The American business community should take the lead on deficit control and tax reform by pushing for consumption taxes and cuts in the corporate tax rate. [Read More]

• Transfer Pricing Abuse is Job-Killing, Corporate Welfare (1 comment)
• Obama Proposal to Tax Multinationals' IP Consistent with International Norms
• Transfer Pricing Rules Don't Work. Should We Care? (2 comments)

All posts by Martin A. Sullivan

U.S. Tax Rates: A Bargain Hunter's Dream?

by David Cay Johnston | July 19, 2010 - 9:30 AM EDT

So over 28 years median income has risen in real terms by $9,100 while federal taxes have fallen by $100. Sounds like taxes have become a relative bargain. They have, assuming we ignore federal debt. [Read More] (2 comments)

• Master Limited Partnerships: Paying Other People's Taxes (7 comments)

All posts by David Cay Johnston

The Income Tax, as American as Apple Pie

by Joseph J. Thorndike | July 5, 2010 - 2:37 PM EDT

In a debate over carbon taxes, Steve Everley, policy director for Newt Gingrich's American Solutions, makes a dubious historical observation: "The last time we imposed a tax regime of this scale was when the Progressives convinced us we needed an income tax. Four years after the 16th Amendment, Congress raised the top rate from 7 percent to 67 percent, partially to pay for cost overruns in administering the tax itself." [Read More] (2 comments)

• Tax Complexity and "Sullen Animosity" (2 comments)
• Tax History Hits the Airwaves
• Just Too Damn Rich

All posts by Joseph J. Thorndike

Luring More Coneheads to New Jersey

by David Brunori | July 1, 2010 - 7:23 AM EDT

Film and television notables have been lobbying the administration of New Jersey Gov. Chris Christie to retain the tax credit for production companies. Everyone thinks that New Jersey, which is bleeding deficits, will eliminate the film and television production credits, which Christie recommended suspending. Of course they should be eliminated because they represent stupid tax policy and the state needs the money. [Read More]

• The Rich Get Richer
• You Got to Love These Guys (2 comments)
• Tax the Rich!

All posts by David Brunori

Japan's Debt Crisis: VAT to the Rescue

by VAT Bastard | June 18, 2010 - 11:34 AM EDT

Japan's new government and the business sector are slowly but surely figuring out a way to make the economy more competitive while at the same time paying down the country's shockingly high national debt. The answer involves doubling Japan's VAT rate -- from 5% to 10% -- and slashing the country's corporate tax rate, which is currently the highest among all developed countries. [Read More]

• High Taxes, Big Spending & Greek Debt
• Blueprint for a Mini-VAT (1 comment)
• Bill Clinton and the 'V' Word

All posts by VAT Bastard

Gambling on IRS Whistleblower Payouts

by Robert Goulder | June 10, 2010 - 12:31 PM EDT

Hedge funds are continually searching for investment opportunities that -- regardless of the risk -- hold the potential for huge financial returns. Their latest strategy is remarkably clever, although the details rub me the wrong way. These high-stakes investors are gambling on whether the IRS will eventually pay out statutory reward claims to whistleblowers and other informants who rat on noncompliant taxpayers. Sky Masterson would be proud. [Read More]

• Virginia to Charge for E-Filing: Say it Ain't So
• Sorry Margaret, No Tea Parties in London
• Why Isn't E-Filing Free for Everyone? (4 comments)

All posts by Robert Goulder

All views expressed on these blogs are those of their individual authors and do not necessarily represent the views of Tax Analysts. Further, Tax Analysts makes no representation concerning the views expressed and does not guarantee the source, originality, accuracy, completeness or reliability of any statement, fact, information, data, finding, interpretation, or opinion presented. Tax Analysts particularly makes no representation concerning anything found on external links connected to this site.