| Nov 26, 2013
| 7:54 PM
WASHINGTON — In a long-anticipated move to restrict the flood of secret money in campaigns, the IRS for the first time proposed rules to rein in the political activities of tax-exempt groups that have emerged as heavyweight players in American...
| Dec 2, 2013
| 12:36 PM
Here's some holiday cheer: 120 million American families no longer have to file income tax returns; the top individual rate is lowered by 20 percent; the top corporate rate is cut by more than half; the government gets the same amount of revenue; and...
| Dec 13, 2013
The budget agreement reached by the House and Senate this week is a small step forward in restoring some sanity and order to the process. By putting in place a bipartisan plan for the next two years, the agreement represents a much-needed improvement over...
| Apr 4, 2014
| 4:59 PM
The Sisyphean task of tax reform should be tried only by someone who will not flinch from igniting some highly flammable people — those who believe that whatever wrinkle in the tax code benefits them is an eternal entitlement. Tax reform's Senate...
| Apr 7, 2014
| 1:20 PM
Two of the most skilled Republican members of the House of Representatives announced their retirement over the past 10 days. Their departure is unfortunate, but the hand-wringing over term limits for committee chairmen is misplaced.
Ways and Means...
| Apr 9, 2014
| 2:25 PM
WASHINGTON -- A House committee Wednesday took the rare step of recommending criminal prosecution of Lois Lerner over the alleged targeting of conservative groups by the Internal Revenue Service, the latest bid by Republicans to keep the issue alive ahead...
| Apr 13, 2014
| 5:00 AM
WASHINGTON — Renewal of important expired federal tax benefits for homeowners took a major step forward recently, but the route to final congressional approval is beginning to look longer — and potentially bumpier — than previously...
| Apr 1, 2014
| 3:22 PM
WASHINGTON -- The austere Republican budget proposal from Rep. Paul D. Ryan would slash federal spending to pre-Eisenhower levels, but the "turbo cuts" on every aspect of government -- except the military -- are still not enough to reach his promise of...
| Mar 21, 2014
| 4:30 AM
A U.S. Senate investigative panel is examining Caterpillar Inc. and whether the company improperly avoided U.S. taxes by moving profits outside the country, said three people familiar with the inquiry.
The Senate’s Permanent Subcommittee on...
| Mar 9, 2014
| 5:00 AM
WASHINGTON — You may have seen reports about a major tax reform proposal floated recently by Rep. Dave Camp of Michigan, the chairman of the House Ways and Means Committee.
But you probably didn't see the grisly list of long-standing home real...
| Feb 26, 2014
| 1:52 PM
The long-awaited Republican tax reform plan was released today by House Ways and Means Committee Chairman Dave Camp (R-Mich). It's being hailed as a breakthrough in putting real reform on the table, but also being instantly eulogized as dead-on-arrival in...