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WSJ Reports Republicans Ready for Tax Hikes

Talk about burying the lead! In this morning's Wall Street Journal Stephen Moore reports in the 4th paragraph of an op-ed that super-committee co-chairman Jeb Henserling (R-Tex.) told him: "We have no interest in raising rates --period." (Emphasis added here.) This could imply there is...

WSJ Reports Republicans Ready for Tax Hikes

Talk about burying the lead! In this morning's Wall Street Journal Stephen Moore reports in the 4th paragraph of an op-ed that super-committee co-chairman Jeb Henserling (R-Tex.) told him: "We have no interest in raising rates --period." (Emphasis added here.) This could imply there is...

State Net Capitol Journal – March 5th, 2012

Budget & Taxes STATES DIVERTING FORECLOSURE SETTLEMENT MONEY: Last month, the nation's five largest mortgage lenders signed a $25 billion settlement with the attorneys general of 49 states addressing loan servicing abuses that contributed to the foreclosure crisis. But even before the ink was...

State Net Capitol Journal – March 5th, 2012

Budget & Taxes STATES DIVERTING FORECLOSURE SETTLEMENT MONEY: Last month, the nation's five largest mortgage lenders signed a $25 billion settlement with the attorneys general of 49 states addressing loan servicing abuses that contributed to the foreclosure crisis. But even before the ink...

You Can't Get There From Here

The Economic View in Sunday's New York Times by Harvard economics professor N. Gregory Mankiw ( Capital Gains, Ordinary Income and Shades of Gray ) defending special tax rates for carried interest brought to mind the old joke about a tourist asking a Maine farmer for directions to Augusta... The...