Charging Through the Back Door
Provision in cliff bill raises effective tax rate, could hurt charities
A change in how itemized deductions are calculated is raising concerns among economists and nonprofits that the government has unlocked a back-door revenue raiser and could hurt charitable giving. Van Hollen: Sequester Was Not Kicked Down the Road
It was 'replaced' for two months
Joe Biden’s Estate Tax Guru
VP adviser, former lobbyist has close ties to industries benefitting from estate tax reform
Vice President Joe Biden secured estate tax hikes as part of the final fiscal cliff package while employing a former top lobbyist for the life insurance industry, which is set to benefit from the legislation. Meathead Wins Again
Column: Tax deal is a victory for Hollywood cronyism
My least favorite political cliché—that liberal donors don’t ask for anything in return for campaign contributions—was exposed as laughably false by the Kick the Can Down the Road Act of 2012, also known as the American Taxpayer Relief Act, or the “fiscal cliff deal.” Compromise with a Side of Pork
Fiscal cliff bill full of excessive spending, unspecified cuts
Republicans expressed dismay at the amount of excessive spending in the fiscal cliff deal that Congress passed Tuesday evening. Millions of Dollars in Pork Hidden in Fiscal Cliff Deal
Dem Reveals Why ‘No’ on Cliff Deal
Congressman Adam Smith (D., Wa.) appeared on Fox News Wednesday morning and explained why he was one of 16 Democrats who joined Republican opposition to the compromise that was rushed through the House and Senate to avert the fiscal cliff.
Patty Murray Delivers Really Original ‘Plan B’ Joke No One’s Ever Heard
Higher Taxes Matter More to Obama Than UI
Without an extension of unemployment insurance as part of a fiscal cliff compromise, more than 2 million Americans, or roughly 43 percent of those receiving unemployment benefits, will lose Emergency Unemployment Compensation (EUC) benefits at the end of the year, according to a report from the Department of Labor. 