Topic: Tax Policy Center
The tax break will reduce federal revenues by $131 billion in 2012 -- but is it effective in fostering home ownership?
06/02/2010 12:01 pm
Extensions would bring US national debt to unsustainable levels.
05/27/2010 03:05 pm
As the world starts to focus on its debt crisis, Greece's financial woes may presage problems to come in Europe and the United States – with implications for your bank account and stock portfolio.
05/26/2010 11:10 am
While US and Greek economies differ significantly, there are lessons to be learned from the European country's debt crisis. Specifically, that markets are not always rational.
05/19/2010 12:46 pm
Homebuyer Tax Credit II will drive more than 2 million home sales this year. How many of those contracts are going to go up in smoke?
05/03/2010 01:39 pm
President Obama held the first meeting of the Bipartisan Commission on Fiscal Responsibility and Reform Tuesday. Here are five issues to watch as the deliberations get under way.
04/28/2010 11:29 am
Although both parties have rejected a value-added tax, political gridlock is keeping them from offering better alternatives than the VAT.
04/27/2010 02:45 am
Don Alexander, IRS Commissioner during the Nixon and Ford Administrations, argued passionately that the IRS’s job is to collect tax revenues, and not administer social programs. That conflict is at the root of the controversy that 47 percent of Americans owed no income tax in 2009.
04/22/2010 12:27 pm
A Value Added Tax (VAT) is a tax consumers pay on the market value added to a product at each stage of manufacture or distribution. There's a lot of chatter about the US implementing a VAT to solve its looming fiscal crisis.
04/19/2010 02:24 pm
Obama has showered new tax perks on the poor and middle class while pledging to maintain many of the Bush tax cuts. But his tax code largess stops at wealthy households.
04/14/2010 10:48 pm