Senate Confirms Lew at Treasury
by Linda Beale Senate Confirms Lew at Treasury The US Senate confirmed Jacob Lew as Treasury secretary by a 71 to 26 vote (with 20 Republicans voting with Democrats) late Wednesday. See Jeremy...
View ArticleAddressing TBTF with tax and other policy: because "Big Banks Go Wrong, Pay...
by Linda Beale Addressing TBTF with tax and other policy: because “Big Banks Go Wrong, Pay Little Price” The New York Times today reiterated what many Americans lament–Big Banks went uncharged for...
View ArticleObama caves yet again: offering Social Security cuts to appease the right…
by Linda Beale Obama caves yet again: offering Social Security cuts to appease the right… Obama’s budget isn’t even released yet and he’s already caving to the “let’s make the rich richer and forget...
View ArticleSenator Warren prods bank regulators
by Linda Beale Senator Warren prods bank regulators Somehow, more Senators need to start doing what Senator Warren does. Review the facts. Ask questions that force regulators to admit to what they...
View ArticleDoggett fighting for fairness on Tax Day!
by Linda Beale Doggett fighting for fairness on Tax Day! On Monday, Congressman Lloyd Doggett, a long-time member of the House Ways and Means Committee, releases a GAO report showing the continued...
View ArticleFixing Sequestration (for the rich only)
by Linda Beale Fixing Sequestration (for the rich only) Once again, Congress has demonstrated that it notices mostly what affects rich people and can’t quite identify with ordinary Americans. And that...
View ArticleOrrin Hatch on tax reform at the ABA–a predictable right-wing rant
by Linda Beale Orrin Hatch on tax reform at the ABA–a predictable right-wing rant Orrin Hatch was the keynote speaker for the ABA Tax Section luncheon today in DC. Having never heard the man in person,...
View ArticleRemember When the IRS Targeted Liberals?
by Linda Beale Remember When the IRS Targeted Liberals? Salon’s Alex Seitz-Wald has a story that provides additional context on the difficulty the IRS has in determining appropriate filters for...
View ArticleWhat Obligations Do Mainstream Media Editors (e.g., The Washington Post’s)...
Compare: When people realize that their most personal, sensitive, intimate, private health-care information is in the hands of the IRS that’s been willing to use people’s tax information against...
View ArticleThe real IRS scandal
by Linda Beale The real IRS scandal Various posts here have made the argument that the TIGTA report shouldn’t be taken as a definitive analysis of the ins and outs of the various issues related to the...
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Market Power, Minimum Wages, and the Sins of Friedmania
by Linda beale Market Power, Minimum Wages, and the Sins of Friedmania Two items caught my attention in today’s (June 22) newspapers and they represent diametrically opposed positions on what matters...
View ArticleUK Territories to sign OECD Tax Info-Sharing Agreement, Reveal Beneficial Owners
by Linda Beale UK Territories to sign OECD Tax Info-Sharing Agreement, Reveal Beneficial Owners The UK’s David Cameron announced that Britain’s 10 crown dependencies and overseas territories–Cayman...
View ArticleSenators promised 50 years of secrecy on their tax reform proposals
by Linda Beale Senators promised 50 years of secrecy on their tax reform proposals There continues to be more blather about the need for “tax reform, and buddies GOP Dave Camp and skin-deep Dem Max...
View ArticleProposals for Cutting the IRS Budget
by Linda beale Proposals for Cutting the IRS Budget As the budget battles loom again in our dysfunctional Congress, one of the targets of the right is, not unexpectedly, funding for the IRS....
View ArticleWays and Means–still distracting with false scandals
by Linda Beale Ways and Means–still distracting with false scandals GOP representatives Camp and Boustany are continuing to beat the dead horse of an IRS “scandal” connected with the way the IRS has...
View ArticleThe Right cuts food stamps to pass corporate farm welfare–where’s the sense...
by Linda Beale The Right cuts food stamps to pass corporate farm welfare–where’s the sense in that? The House has its priorities firmly in mind. Those priorities involve making sure that the wealthy...
View ArticleThe Right’s Goal–end the one tax expenditure that truly aids poor working...
by Linda Beale The Right’s Goal–end the one tax expenditure that truly aids poor working families The Tax Foundation, that propaganda tank that masquerades as a “nonpartisan” “think” tank, is at it...
View ArticleThe Elderly May Not Be As Taxing As Generally Thought
by Linda Beale The Elderly May Not Be As Taxing As Generally Thought One of the common assumptions about health care costs (and the costs of benefit programs like Medicare) has been that the increasing...
View ArticleSame-Sex Married Couples Will be Recognized for Federal Tax Purposes Even...
by Linda Beale Same-Sex Married Couples Will be Recognized for Federal Tax Purposes Even When Moving to Nonrecognition State The Treasury issued a Revenue Ruling today that sets out the rules that will...
View ArticleSwiss and US Apparently Reach Deal on Bank Disclosures related to Tax Evasion
by Linda Beale Swiss and US Apparently Reach Deal on Bank Disclosures related to Tax Evasion Bloomberg reports (in a minimal news story at this point based on an anonymous tip prior to the settlement...
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