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Tax Policy Center
Latest Tax Policy Center Items
Republican presidential candidates sharpened their attacks on the front-runners as they took the stage Tuesday for the latest GOP debate, taking turns slamming Herman Cain's "9-9-9" tax-reform plan and calling former Massachusetts Gov. Mitt Romney's health care reform the model for the Obama administration's Affordable Care Act.
Leave it to a pizza guy to come up with the $9.99 deal. Wait, sorry, that's the 9-9-9 deal. And former Godfather's Pizza CEO Herman Cain has made the proposal the centerpiece of his 2012 campaign for president.
Lawmakers returning Monday for the start of the lame-duck session on Capitol Hill face an age-old political conundrum: How to respond to voter anger over federal spending without cutting into the entitlement programs and tax breaks that so many of their constituents enjoy.
Democrats and Republicans poured cold water on President Obama's budget plan to cut down on wealthy taxpayers' charitable giving tax deductions, the second of his ambitious cost-savings plans to earn lawmakers' scorn, and underscoring the legislative minefield he is entering.