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    Scribecast: Neal Boortz Reflects on Life in Talk Radio

    Talk-radio host Neal Boortz is no fan of the nation’s capital. “The place gives me the creeps,” he said on this week’s Scribecast. Boortz, a self-described libertarian who first visited Washington, D.C., in the 1950s, said federal bureaucrats have given the city a bad reputation. “I came to know Washington … More

    Cooper and LaTourette's Budget Is a Major Tax Hike

    Rule #1 of tax reform: Tax reform does not raise taxes. The budget resolution sponsored by Representatives Jim Cooper (D–TN) and Steve LaTourette (R–OH) breaks this rule. In reality, it is a massive tax hike of nearly $2 trillion, according to Americans for Tax Reform. The Cooper–LaTourette budget follows the … More

    Senator Hatch Gets It Right on Tax Extenders

    On December 31, a set of approximately 50 tax-reducing provisions commonly referred to as the “tax extenders” expired. These provisions, which apply to both individuals and businesses, include popular measures such as the Research and Experimentation credit for businesses and the optional deduction for state and local sales taxes for … More

    Morning Bell: Mitt Romney's Taxes and True Reform

    How many times should your money be taxed? One time? Two times? Three times? Four? Sounds like a ridiculous proposition, but that’s the true story of capital gains taxes in America, and it’s one that’s not being told in the continuing debate over Governor Mitt Romney’s taxes. For more than … More

    Chart of the Week: How to Simplify the Tax Code and Lower Taxes

    House Republicans return to Washington today to vote on a two-month payroll tax extension. If news reports are correct, the bill is likely to fail, leaving in doubt how lawmakers will resolve their differences before the year draws to a close. These year-end squabbles are now routine business in the … More

    Morning Bell: It's Time to Kiss the Tax Code Goodbye

    Ready for a new year and another bout with the Internal Revenue Service, deductions, exemptions, pens and pencils, calculators, receipts, 1040s, W-2s, accountants, Quicken, TurboTax, and more? If you’re like most Americans, that laundry list of income tax jargon, paraphernalia, professionals and their fees is enough to set your head … More

    Chart of the Week: Where Does the Federal Government Get Its Revenue?

    President Obama and Republicans in Congress continue to wage war over an extension of the payroll tax cut. But missing from the debate is any discussion of comprehensive tax reform that would eliminate payroll taxes altogether. Social Security and Medicare payroll taxes are the second-largest source of federal revenue, surpassed … More

    Chart of the Week: Taxing the Wealthy to Cover Future Deficits Won't Work

    Democrats on the Joint Select Committee on Deficit Reduction last week floated a proposal that includes massive tax increases on wealthy Americans. While their plan would also include some cuts to entitlement programs, the tax-code changes make up a significant portion, according to press reports. The Los Angeles Times reported: … More

    Senate Finance Republican's Tax Recommendations a Good Start

    The Republican members of the Senate Finance Committee recently submitted their recommendations for tax reform to the deficit reduction super committee. Their recommendations lay out the principles they’d like tax reform to adhere to: economic growth, fairness, simplicity, revenue neutrality, permanence, competitiveness, and savings and investment. Towards those ends, the … More

    Scribecast: Rep. Kevin Brady on Taxes, Free Trade and Why Texas Is Best

    Rep. Kevin Brady (R-TX) visited Heritage earlier this week for The Bloggers Briefing and stuck around to chat in our Robert H. Bruce Radio Studio. On this week’s Scribecast, we cover tax reform, Brady’s MAP ACT, free-trade agreements and what Texas can teach the rest of America. Listen to our … More