Lately, the media has been dominated by the compromise on US federal tax policy that has been brokered by President Obama that will lead to an extension of current income tax rates, lower estate and payroll tax rates and an extension of unemployment benefits. It is very likely to pass almost intact and free up the logjam that has hampered this lame duck session of Congress. Uneven Recovery From ... Read More
Obama
Taxing Tax Policy and the Ticking Clock
The clock is running out on this session of Congress. While far from a sure thing, at least there is movement on the tax front. Whether that movement is progress or a step back will depend on your point of view. It's been said many times: Two things you don't want to see being made are sausage and legislation. This go-around with the recently negotiated tax bill is just such an example. In ... Read More
