| Oct. 22, 2014, 5:51 p.m.
Recently there has been discussion over whether the United States should enter into a free trade agreement with the European Union known as the Transatlantic Trade and Investment Partnership. There are several major issues with TTIP that make it not in the interest of the United States to enter into the agreement.
| Oct. 21, 2014, 6:13 p.m.
Most everyone in Washington is fixated on Election Day: November 4. But another date just around that corner also looms large for taxpayers and the Internet: December 11. On that day, the federal ban on Internet access taxes is scheduled to expire. If it’s not extended, states and localities across the country could immediately begin assessing taxes that would make it more expensive for Americans to check their email, read blogs, or watch online videos.
| Oct. 17, 2014, 4:28 p.m.
Try, for a moment, to imagine the world today without the United States oil boom. If the picture seems dire, you’ll know you’re on the right track.
| Oct. 15, 2014, 3 p.m.
Recent announcements of planned mergers of U.S. companies with non-U.S. companies in Europe and other offshore locations with more favorable tax regimes has prompted frustration within Congress, as well as within the Obama administration. Such transactions, called inversions, have raised concerns over the erosion of the U.S. tax base and what President Barack Obama called a lack of “economic patriotism” on the part of U.S. companies that make use of these transactions to lower their tax bills.
| Oct. 9, 2014, 3:30 p.m.
As business owners in Washington, D.C., we believe in something that most brick-and-mortar retailers do — free and fair market competition. That’s why we ask that e-fairness legislation be passed without further delay. Unfortunately, online-only sellers continue to enjoy an unfair, government-sanctioned advantage over local community shops through a loophole that allows them to avoid collecting and remitting sales tax. This tax disparity puts our local businesses at a significant economic disadvantage and stifles the overall economy.
| Sept. 29, 2014, 5:25 p.m.
Many continue to call for Congress to pass legislation empowering States to require remote sellers to collect sales tax on their behalf. They say such legislation is necessary to provide fairness between brick and mortar retailers and online sellers. Let me be clear: Overstock.com supports a fair federal solution to prevent a patchwork of legal standards, not to mention computer systems, from making online retailing a virtual nightmare. Unfortunately, the Marketplace Fairness Act is not that solution.
| Sept. 17, 2014, 6:18 p.m.
Heading into the midterm elections, both parties are hammering home their economic messages against a backdrop of stagnating wages and surging corporate profits.
| Sept. 17, 2014, 4:35 p.m.
Standard & Poor’s says income inequality is becoming a problem for state governments.
| Sept. 15, 2014, 4:05 p.m.
Fighting the last war over again is a bad strategy for future military planning. Using science of the past in crafting technology policies for the future is just as foolish. Yet that’s what’s happening in the debate over refilling the Highway Trust Fund’s depleted financial tank.
| Sept. 9, 2014, 6:16 p.m.
While Asian markets for liquefied natural gas are expected to grow, with increased shipments to Southeast Asia and India, future demand in China is highly variable, according to market analysts.
| Sept. 9, 2014, 6:15 p.m.
Some members of Congress continue to push for increased exports of liquefied natural gas, trying to make a simplified narrative out of complex market factors.
| Aug. 27, 2014, 4:22 p.m.
When Michigan Repulican Rep. Dave Camp’s comprehensive tax reform plan died earlier this year, so too did the hope that Congress would tackle America’s economic competitiveness problem anytime soon.
| Aug. 13, 2014, 6:09 p.m.
There’s a scandal that’s been brewing at the IRS for years — but not the one you’re thinking of. This one has nothing to do with conservative groups.
| Aug. 4, 2014, 4:48 p.m.
As Congress gears up for its five-week summer recess, we suggest our colleagues visit a business or community development project in their area that was financed by the New Markets Tax Credit. You will be impressed.
| Aug. 4, 2014, 4:07 p.m.
Last week, U.S. Treasury Secretary Jacob J. Lew called on Congress to eliminate corporate “inversions,” the practice whereby U.S. companies relocate their headquarters to countries with more desirable tax structures. Concern over the erosion of our corporate tax base is important and shouldn’t be taken lightly. That said, what is of greater concern is our inability as a country to address the global competitiveness of our corporate tax rate. U.S. corporate tax rates are not yet competitive enough, in part due to the fact that Congress has yet to pass a fully-comprehensive tax code that addresses competitiveness.
| July 29, 2014, 7:06 p.m.
A monumental opportunity has presented itself as Julian Castro, former mayor of San Antonio, takes over as the new secretary of Housing and Urban Development and Congress looks ahead on the critical issue of housing finance reform.
| July 24, 2014, 4:26 p.m.
Debate in Congress over the future of the U.S. Export-Import Bank is coming to a head. Absent congressional action, Ex-Im will be unable to provide new loans or guarantees to American exporters after its charter expires on Sept. 30.
| July 22, 2014, 6:41 p.m.
As the Commerce Department moves to allow companies to export mildly processed ultralight oil known as condensate, is there a global market? Yes, and it is principally in Asia, experts say.
| July 22, 2014, 4:45 p.m.
Despite soaring U.S. oil production in recent years, the prospect of relaxing the 1970s ban on crude oil exports has looked as faint as ever. Last week, though, it was a central subject at an Energy Department conference.
| July 21, 2014, 6:38 p.m.
On Tuesday, the Senate Finance Committee is scheduled to hold a hearing that will examine a critical issue impacting the long-term health of the U.S. economy – our international tax system. Dubbed “Love it, Leave It or Reform It!” the committee promises to delve into the specific issue of corporate tax inversions, which describes a practice whereby companies reincorporate in a foreign country.