Tax Law

Recent Posts

Taxing the Rich, and Missing the Point
Posted on 30 Jul 2012 by Christopher Bergin

The hot tax news is that President Obama has proposed extending the so-called Bush tax cuts but only for the middle class, not for the people the President thinks are rich. (If he gets what he wants can we start calling them the Obama tax cuts?) Apparently... Read More

A Time Bomb of a Tax Code
Posted on 7 Apr 2012 by Christopher Bergin

There's a lot of serious news out there - tragedy, health care, a nuclear Iran. It seems the news of the day roars at us. But if you turn down the sound, you can hear it: tick, tick, tick. What is it, you say? It's the federal tax system... Read More

The Truth About Who Pays Income Taxes
Posted on 11 Nov 2011 by Marc Soss

" Nonpayers " - IRS figures show that in 2009, a record 58.6 million tax filers (42 percent of all tax filers) had no income tax liability after taking their credits and deductions. When Congress's Joint Committee on Taxation added to this... Read More

Tax the Poor to Promote Growth
Posted on 13 Oct 2010 by Martin A. Sullivan

In today's Wall Street Journal Sen. Jon Kyl of Arizona offers his cure for joblessness (" A Growth Agenda for America "). . . . He wants to lower the corporate rate and flatten the upper-end individuals rates and pay for it by simplifying... Read More

Trust Fund Tax Convictions Affirmed
Posted on 27 Apr 2012 by Jack Townsend

In United States v. DeMuro, ___ F.3d ___, 2012 U.S. App. LEXIS 8094 (3d Cir. 2012) , enhanced opinion available to lexis.com subscribers, (Non-subscribers can download the unenhanced official opinion here ), the Demuros, husband and wife, were convicted... Read More

The GOP Offers a Sound Tax Reform Program in South Carolina
Posted on 10 Mar 2012 by David Brunori

The Republicans in the South Carolina House are preparing a significant reform plan that will vastly improve the state's tax system. Although details are sketchy, the plan will broaden the sales tax base by eliminating two thirds of the exemptions... Read More

U.K. Road to Competitiveness Is Paved With Tax Increases
Posted on 26 Apr 2012 by Martin A. Sullivan

It has been the stated policy of the United Kingdom's Conservative-led coalition government "to create the most competitive corporate tax regime in the G20." Chancellor of the Exchequer George Osborne reiterated this policy -- expanded to... Read More

You Can't Get There From Here
Posted on 10 Mar 2012 by Christopher Bergin

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... Read More

  • Blog Post: Tax the Poor to Promote Growth

    In today's Wall Street Journal Sen. Jon Kyl of Arizona offers his cure for joblessness (" A Growth Agenda for America "). . . . He wants to lower the corporate rate and flatten the upper-end individuals rates and pay for it by simplifying the code and getting rid of targeted tax breaks...
  • Blog Post: The Truth About Who Pays Income Taxes

    " Nonpayers " - IRS figures show that in 2009, a record 58.6 million tax filers (42 percent of all tax filers) had no income tax liability after taking their credits and deductions. When Congress's Joint Committee on Taxation added to this figure people who earned some income but not enough...