Tax Law

Recent Posts

Showdown in Kansas: Realtors vs. Governor
Posted on 13 Mar 2013 by Martin A. Sullivan

... In modern Dodge City local businesses try to profit from the city's historic past. But in 2012 Kansas Governor Sam Brownback wanted to lower the states income tax rate, and repeal of the state's historic preservation tax credit was one his... Read More

Panelists Weigh Taxes' Impact on Securities Markets
Posted on 22 Jun 2010 by Tax Analysts Editorial Staff

Although congressional calls to enact a financial transactions tax seem to have waned in recent months, academics and practitioners are still struggling with what role tax will play in proposals to reform financial markets. ... At a recent conference... Read More

Something Impossible Is Going to Happen
Posted on 13 Oct 2010 by Martin A. Sullivan

Raise the social security retirement age and start scaling back benefits for high-income recipients. That’s impossible . . . . . Scale back the size of the military and end the U.S. role as policeman to the world. That’s impossible. Impose... Read More

Trick or Treat and the Mortgage Interest Deduction
Posted on 29 Oct 2010 by Christopher Bergin

Just in time for Halloween, the Obama Administration is leaking that there are some scary things going on in its deficit commission. The commission is due to come out in a few weeks with its recommendations for confronting the impending bankruptcy of... Read More

Mortgage Deduction Heavily Favors Blue States
Posted on 25 Jan 2011 by Martin A. Sullivan

The benefits of the mortgage interest deduction are not evenly distributed among the states. As shown in the figure, the per capita tax benefit from the mortgage interest deduction for Californians is more than two and a half times that for Texans. Marylanders... Read More