Tax Law

Recent Posts

Are You Ready for Taxmageddon?
Posted on 30 May 2012 by Martin A. Sullivan

A combination of spending cuts and tax increases could bring the economy to its knees at the end of 2012. By our count, the economy must deal with nine significant fiscal events that will be automatically triggered by current law if Congress and the president... Read More

Super Committee Gridlock: In Celebration of Failure
Posted on 22 Nov 2011 by Robert Goulder

We're being told America's future has suddenly grown more bleak because the Joint Select Committee on Deficit Reduction has dropped the ball . I'm not sold on that conclusion. The failure of the Super Committee might be exactly what America... Read More

Super Committee Gridlock: In Celebration of Failure
Posted on 22 Nov 2011 by Robert Goulder

We're being told America's future has suddenly grown more bleak because the Joint Select Committee on Deficit Reduction has dropped the ball . I'm not sold on that conclusion. The failure of the Super Committee might be exactly what America... Read More

Keynes Reborn: Stimulus Tailored to Republican Tastes
Posted on 17 Dec 2010 by Martin A. Sullivan

Basic economics tells us (1) America needs larger deficits in the short-term to fight unemployment and (2) America needs massive deficit reduction to promote long-term economic growth and prevent a Greek-Irish style fiscal meltdown. The Obama-Republican... Read More

Winter Wonderland
Posted on 17 Dec 2010 by Martin A. Sullivan

Newsflash: We interrupt the Capitol Hill Chorus Holiday Special featuring traditional favorites of “O Holy Tax Reform” “Happy Christmas (Deficit is Over)” and “Have Yourself a Merry Little Tea Party” to bring you this... Read More

Tax Reform Fantasy
Posted on 30 Nov 2010 by Martin A. Sullivan

The most difficult thing to understand about the President's deficit reduction commission is its love affair with tax reform. Under one proposal it would cut $1.1 trillion in tax expenditures, but only $80 billion of that would be for deficit reduction... Read More

Are You Ready for Taxmageddon?
Posted on 30 May 2012 by Martin A. Sullivan

A combination of spending cuts and tax increases could bring the economy to its knees at the end of 2012. By our count, the economy must deal with nine significant fiscal events that will be automatically triggered by current law if Congress and the president... Read More