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IRS-TPC Research Conference: Tax Administration at the Centennial
The IRS and Tax Policy Center are hosting a research conference today on with these presentations and papers (webcast): Moderator: Elaine Maag (Tax Policy Center) Len Burman & Liu Tian (Syracuse University), Norma Coe (University of Washington) & Kevin P 54 m ago from TaxProf Blog Read more »
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Is Kansas on the path to financial crisis?
Kansas Governor Sam Brownback (R) and the GOP-controlled legislature are struggling to accomplish two goals: They want to repeal the state income tax but need to balance a budget that, despite substantial spending cuts, faces a $700 million shortfall. Th from Christian Science Monitor Read more »
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WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’ - TUESDAY EDITION
* A @Tax Policy Center tweet explained “A hit man can deduct his cost of doing business. So can a prostitute. But firms that sell medical marijuana cannot.” Howard Gleckman pleads “Let Legal Marijuana Dispensaries Deduct Their Business Expenses” at TAXVO from The Wandering Tax Pro Read more »
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Mitt Romney 'Disappointed' With Obama's Second Term
My Name Is... At a GOP presidential debate last November, Romney followed CNN host Wolf Blitzer's lead, giving his own attempt at an introduction. "I'm Mitt Romney -- and yes Wolf, that's also my first name," the former governor offered. (Video at 1:22 m from The Huffington Post Read more »
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The New York Times is wrong on corporate taxes
Today’s New York Times editorial on corporate taxes pitches the old argument that the corporate income tax is basically a tax on the wealthy, with the burden falling most heavily on corporate shareholders, who tend to be rich. In particular, it cites a s from The American | American Enterprise Institute Read more »