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

Busting Myths About Rich People's Taxes
Posted on 18 Apr 2012 by Martin A. Sullivan

There are good reasons for the government to keep its hand out of the pockets of the wealthy. For example -- and this will be a shocker to most liberals out there -- it is a basic tenet of tax economics that an efficient system should eliminate all taxes... 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

Tax.com Reader Survey: The People Have Spoken
Posted on 24 Aug 2011 by Robert Goulder

Thanks to all the Tax.com readers who participated in our recent survey. ... Our first survey question was about the congressional deficit reduction 'super' committee. ... A clear majority of participants, 59%, responded that the committee's... Read More

Busting Myths About Rich People's Taxes
Posted on 18 Apr 2012 by Martin A. Sullivan

There are good reasons for the government to keep its hand out of the pockets of the wealthy. For example -- and this will be a shocker to most liberals out there -- it is a basic tenet of tax economics that an efficient system should eliminate all taxes... Read More

Soaking the Rich the Right Way
Posted on 20 Sep 2010 by Christopher Bergin

You can't turn to any media lately without hearing the great debate about whether we should extend the so-called Bush tax cuts to "the rich" or just extend them for "the middle class." But when they talk about "the rich,"... Read More

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

Tax Class Warfare - It's Not About Luck
Posted on 30 Jul 2010 by Christopher Bergin

[ The Bush] tax cuts are set to expire at the end of this year. So, the Democrats and President Obama have a problem. Why is it their problem? Well, currently, they're in charge. And the expiration of these cuts is now getting a lot of attention ... Read More

Tax Cuts Kill Jobs, Part 2
Posted on 4 Oct 2010 by Martin A. Sullivan

In a recent post we talked about the best kept secret in Washington: supply-side effects of debt-financed tax cuts are negative. To back this up we cited a just-released CBO study and 2003 report from the Joint Committee on Taxation. Here's some additional... Read More

Some Tax-Free Advice to Congress
Posted on 13 Oct 2010 by Christopher Bergin

An important and practical article in yesterday’s Wall Street Journal by Laura Saunders asks a fairly simple question: how are Treasury officials to come up with withholding rates for next year when thanks to Congressional inaction, they have no... Read More