| Sept. 30, 2013, 4:26 p.m.
It’s not often that an industry comes to Congress begging to pay higher taxes — but that’s exactly what users of the inland waterways barge system are proposing.
| Sept. 25, 2013, 3:48 p.m.
No matter which side of the trade debate a group is on, it is almost certain to invoke a recent study on jobs to bolster its argument.
| Sept. 25, 2013, 3:46 p.m.
While negotiators met at the office of the U.S. Trade Representative late last week in their latest bid to thrash out the many details in the Trans-Pacific Partnership, a boisterous collection of union organizers and other activists made clear there is only one detail that matters to them: jobs.
| Sept. 20, 2013, 2:48 p.m.
The technology boom of the 1990s that created a wave of new businesses and jobs was built on innovation that lawmakers would dearly love to revive in today’s sputtering economy.
| Sept. 20, 2013, 2:45 p.m.
The National Federation of Independent Business and the U.S. Chamber of Commerce stand adamantly against a higher minimum wage, and even a package of tax incentives would make the plan a tough sell for many businesses.
| Sept. 20, 2013, 2:16 p.m.
The House this month passed the Global Investment in American Jobs Act and the Senate is currently considering companion legislation. That’s good news for our economy, since this legislation would help clear a path for global companies to invest in the United States.
| Sept. 20, 2013, 11:55 a.m.
Tax reform is on everyone’s mind in Washington, and for good reason. The United States has always been a global leader in many areas, yet when it comes to the nation’s tax code, our political leaders are realizing that, in many ways, we maintain an antiquated and often burdensome system.
| Sept. 9, 2013, 2 p.m.
As Congress returns to legislative business this month, key members will be putting pen to paper on comprehensive tax reform bills, marking a rare opportunity to set our priorities as a nation and decide what we want our taxpayer dollars to accomplish.
| Aug. 30, 2013, 12:24 p.m.
Tax reform is a hot topic in Congress these days and for good reason. Our current tax system is broken, complicated and clearly gives preference to some industries over others, which is obviously unfair.
| Aug. 5, 2013, 2:46 p.m.
Recently, Sens. Max Baucus, D-Mont., and Orrin G. Hatch, R-Utah, started rebuilding the tax code from scratch, aiming to eliminate all existing tax breaks and loopholes. As the code gets rebuilt, the tax benefits associated with Section 529 college savings or prepaid tuition plans could be at risk of being eliminated. 529 plans are designed to encourage early saving for future higher-education expenses, and the tax benefits are an important part of their increasing popularity and success — it is critical that the tax benefits for 529 plans remain intact.
| Aug. 4, 2013, 8 p.m.
Sen. Jeff Flake in a colloquy before lawmakers adjourned for their August recess helped Senate Agriculture Chairwoman Debbie Stabenow lay down her markers for shaping a final farm bill, or, failing that, another extension of the 2008 farm bill, by questioning continued payments for cotton farmers.
| Aug. 1, 2013, 5 a.m.
Vice President Joseph R. Biden Jr., during his recent visit to India, addressed the key issues that stand out for policymakers on both sides of the U.S.-India relationship, noting that protection of intellectual property, limits on foreign direct investment, inconsistent tax dues and barriers to market access are the “tough problems” between the two countries. He went on to add that they will “have to be negotiated and worked through in order to meet the potential of this relationship.”
| July 31, 2013, 12:48 p.m.
In a Washington that has been defined for years by die-hard partisanship and stark policy differences, conceptual support for a sweeping reform of our tax code has been a rare point of agreement. And this is with good reason. Drastic reforms are necessary to ensure American growth in the years ahead — especially since the U.S. corporate tax system is among the worst in the world.
| July 30, 2013, 6:26 p.m.
Lawmakers regarded President Barack Obama’s latest attempt to engage them on an economic proposal as largely irrelevant Tuesday, with neither Democrats nor Republicans viewing it as an actual step forward toward breaking their ongoing budget impasse.
| July 30, 2013, 4:22 p.m.
1. It’s not particularly grand. Nor is it necessarily a bargain. Or even new. It’s mostly a repackaged offer of proposals the president has offered before.
| July 29, 2013, 5:39 p.m.
LAWRENCEVILLE, N.J. — Give them credit for this much: The top congressional tax writers are doing their level best to push for an overhaul of the nation’s outdated tax code.
| July 26, 2013, 1:18 p.m.
Scientists started working back in the 1990s to genetically engineer a soybean that’s oil would be free of artery-clogging trans fats, a product farmers think will appeal to consumers as well as food-makers and fast-food chains.
| July 25, 2013, 5 a.m.
The Senate Finance Committee is slated to receive comments on Sens. Max Baucus’ and Orrin G. Hatch’s “blank slate” approach to tax reform later this week. No doubt many senators will share their views about which provisions of the tax code must be preserved and which should be eliminated.
| July 25, 2013, 5 a.m.
The scandals surrounding the Internal Revenue Service continue to grow. We now know that President Barack Obama’s handpicked chief counsel of the IRS was aware of his agency’s malfeasance. With this revelation, the shaky narrative originally pushed by the administration — that all blame lies with a few meddling staffers in the Cincinnati office — has come crashing down around them. This scandal implicates officials at the very highest levels of the IRS.
| July 24, 2013, 1:13 p.m.
What’s the first step to revising America’s low saving rate? Cut out all the current incentives for savings enshrined in the tax code. It’s not as crazy as it sounds. Recently, Senate Finance Committee leaders Max Baucus and Orrin G. Hatch endorsed this radical approach to tax reform by vowing to wipe the code clean and start over with a blank slate.