Daily Policy Digest

Tax and Spending Issues

What's the Cost of Filing Taxes? $37 Billion

With years of new legislation, regulations and changing tax policy, the tax code today is monstrous, weighing in at more than 70,000 pages...

When Spending More Can Save Money

After the terrorist attacks on September 11, 2011, the United States' $128 billion surplus was quickly overtaken by a recession...

Pennsylvania Taxpayers Hit with Pension Costs

Pennsylvania taxpayers will soon be hit with a barrage of new taxes to pay for public employees' retiree benefits...

Why Are There So Many Errors in the EITC Program?

A full quarter of EITC payments in a single year can be the product of errors, costing taxpayers $14 billion annually...

The Consequences of Anti-Inversion Laws

Lately, tax policy talk has focused on "inversion" -- the process by which American companies re-domicile themselves abroad...

How Much Are Businesses Paying in Taxes?

Businesses paid $671 billion in state and local taxes in the 2013 fiscal year...

Illinois Pension System a Total Mess

In Illinois, many retired teachers are making twice as much in pensions as they earned during their time in the workforce...

IRS Looks to Tax Employer-Provided Meals

In Silicon Valley, it is common for employers to provide complimentary food to their employees. But the Internal Revenue Service (IRS) sees the free meals as a source of revenue...

What Happens When You Tax Junk Food?

Health organizations and lawmakers across the country have sought to target junk food and curb obesity by taxing sweets...

Burger King Looks to Move to Canada, Escape U.S. Taxes

Canada's corporate tax rate is 26.5 percent -- nearly 10 percentage points below the 35 percent corporate tax rate in the United States...


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