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    Response to Club for Growth’s Chocola: Let’s Not Raise Taxes with the Extenders

    In today’s Wall Street Journal, the estimable Chris Chocola, former congressman from Indiana and current president of the Club for Growth, writes that Congress should allow all of the so-called tax extenders to expire. The tax extenders are a collection of roughly 50 tax-reducing policies that regularly expire and, just … More

    Top 1 Percent Pays Effective Tax Rate Nearly Three Times That of Middle Class

    New data from the Congressional Budget Office (CBO) show that President Obama’s much-discussed Buffett Rule, which would require families earning more than $1 million a year to pay an effective tax rate of 30 percent, is basically in effect. The data also show that President Obama’s premise for pushing the … More

    Tax Increases Really Hurt Growth and Jobs

    Some lawmakers, led by Senate Budget Committee chair Patty Murray (D–WA), are seeking to raise taxes in the budget conference to replace the modest spending reductions referred to as sequestration. They say that spending cuts hurt growth and jobs. If they are truly concerned about the economy and Americans’ opportunities, … More

    Updated JCT Methodology Will Improve Scoring of Tax Bills

    The Joint Committee on Taxation (JCT) finally updated the antiquated way it analyzes business taxes. The update is an important and long-overdue step that will modernize and vastly improve the way JCT scores bills and aid in the drive for tax reform. JCT plays an integral part in improving policy … More

    Reid Throws Major Roadblock in Front of Tax Reform

    Senate Majority Leader Harry Reid (D–NV) has just thrown a roadblock in front of tax reform that could stall the strong momentum that has been building for reform. Reid said that any tax reform plan must raise significant revenue. In other words, he wants tax reform to provide cover for … More

    Obama Tax Hikes Will Balance the Budget (April Fool's)

    In the ongoing debate over deficit reduction, President Obama and his colleagues in the House and Senate incessantly call for tax increases as if our budget problems persisted because of taxes being too low. If only the federal government could usurp more of taxpayers’ hard earned money, the line of … More

    Senate Sequester Plan: They Can’t Be Serious

    The Hill newspaper demonstrated a keen knack for understatement today with its account of Senate Democrats’ $110 billion sequester replacement proposal: “The bill would appear to have little chance of reaching President Obama’s desk, however, given opposition from House and Senate Republicans to increasing any taxes to replace the sequester.” … More

    Morning Bell: Conservatives Stand Their Ground

    “When you can’t make them see the light, make them feel the heat.” President Ronald Reagan’s sound advice rang true yesterday. Grassroots activists and conservative groups, led by Heritage Action for America, derailed a plan to raise taxes on some Americans and small businesses. Lacking votes from his own party, … More

    The Obama Tax Hikes: It's Not Their Money!

    America is having a serious conversation on taxes and their impact on economic growth: The Obama administration is making the case for raising taxes by not extending the Bush tax cuts; Opponents counter that raising taxes in the midst of a weak economy would be disastrous. For the record, we … More