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Under current law, American companies pay a 35 percent U.S. tax on profits they earn abroad. They get credits for…
Read More (Bloomberg Businessweek: Overseas Profits: When a 95% Tax Cut Doesn’t Cut It)Former President Bill Clinton told CNBC Tuesday that the US economy already is in a recession and urged Congress to…
Read More (CNBC: US Already in ‘Recession,’ Extend Tax Cuts: Bill Clinton)Some colleges are dropping student health-insurance plans for the coming academic year and others are telling students to expect sharp…
Read More (Big Changes in College Health Plans)By Glenn Kessler “I simply make the point, as an editor might say, to check it out; do not buy…
Read More (WaPo Fact Check: The facts about the growth of spending under Obama)FORTUNE — The Obama administration maintains that its Affordable Care Act is a complex construct that’s endangered if the Supreme…
Read More (Fortune: Even with a High Court win, Obamacare won’t work)House Ways and Means Chairman Dave Camp nudged the Obama administration to embrace a comprehensive overhaul of the tax system…
Read More (Dave Camp Urges Comprehensive Tax Overhaul)http://blog.american.com/2012/05/new-study-high-u-s-debt-levels-could-mean-a-quarter-century-of-weak-growth/ Economists Carmen Reinhart, Vincent R. Reinhart, and Kenneth Rogoff (from here on out referred to as R3) have a…
Read More (New study: High U.S. debt levels could mean a quarter century of weak growth)Barack Obama campaigned four years ago assailing President George W. Bush for wage losses suffered by the middle class. More…
Read More (Obama Fails to Stem Middle-Class Slide He Blamed on Bush)President Obama’s landmark health-care initiative, long touted as a means to control costs, will actually add more than $340 billion…
Read More (Health-care law will add $340 billion to deficit, new study finds)A tax on medical devices and equipment tucked into the 2,400-page 2010 Patient Protection and Affordable Care Act illustrates the…
Read More (The True Cost)