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    Morning Bell: Happy Tax Year!

    While millions of Americans are more than ready to put 2009 behind them, they should know that Congress failed to reauthorize dozens of tax breaks for individuals and businesses before the Members scurried home for the Holidays. These “expiring provisions” affect every American in one way or another as individuals … More

    Death Tax Dies Tonight

    The death tax will expire tonight as soon as the ball drops and 2010 officially begins. This is good news for the businesses and families the tax plagues. Unfortunately, this triumph may be short-lived as Congressional leaders have pledged to revive the death tax in the new year and make … More

    Top Ten Charts of 2009

    The Heritage Foundation’s 2009 Federal Revenue and Spending Book of Charts is one of the most heavily trafficked features on our homepage. Here, by traffic, are the Top Ten Charts of 2009: 10. Federal Spending per Household Is Skyrocketing

    The Health Care Fight is Not Over

    Although the left has been celebrating the passage of Obamacare in the Senate as further evidence that the President’s health care reform initiative is a done deal the health care reform fight is not over. The truth is that this bill can not yet be transmitted to the President until … More

    Reid 2.0: Even Higher Premium Taxes

    As part of Senator Harry Reid’s indefatigable effort to make each new version of the Senate health care legislation worse than the previous one, his Manager’s Amendment restructures and expands the health insurance premium tax included in the earlier versions of the Senate bill. The earlier versions would have imposed … More

    While You Sleep: 1:00 AM Monday Vote Set on Obamacare

    Senate Majority Leader Harry Reid (D-NV) has set the stage for a major vote Monday morning at 1:00 AM – one that would require the support of 60 Senators. That would, if all goes according to Senator Reid’s plan, set up a late-night Christmas Eve vote on final passage. Senator … More

    A First Look at the Manager's Amendment

    The Senate Leadership is scheduling the first vote on their health care bill later today. A thorough critique and analysis of the 383 page manager’s amendment cannot possibly be done in the short time frame given by the Democratic leadership in the Senate. The race to push through the towering … More

    Tax Extenders: Excuse for Congress to Raise Taxes

    The U.S. House of Representatives will likely vote tomorrow to continue about 50 expiring tax incentives known as “tax extenders.” It must do so each year to prevent significant tax increases for some taxpayers. This year, however, the House will likely pass increases in other taxes to offset the supposed … More

    Stock Transaction Tax: Yet another Tax Increase

    Congress is discussing yet another tax increase. This one would be a tax on stock transactions and could fund a new jobs bill since it has become apparent to everyone that the stimulus failed to create any jobs on net. This was underscored again when the Labor Department reported Friday … More

    Video: Estate Tax a Killer for Family-owned Businesses – Part 2

    The U.S. House of Representatives will vote this week on a bill that would permanently extend the estate tax (known better as the death tax) at its current rate and exemption level. This extension would prevent the death tax from expiring as scheduled on January 1, 2010. As such it … More