Tag: ‘Paul Ryan’

Corporate Tax Reform: No Easy Fixes

By :: January 23rd, 2015

Territorial tax systems abroad may not be good models for corporate reform here. A new TPC paper warns against drawing quick and easy conclusions from the territorial tax systems in other developed countries. While Senate Finance Committee Chairman Orrin Hatch and House Ways and Means Committee Chairman Paul Ryan find the idea attractive, the research found […]

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Tax Policy and Politics: More of the Same

By :: January 22nd, 2015

Wait, are Ds and Rs really on the same page? In remarks yesterday, Treasury Secretary Jack Lew expressed optimism for a business tax overhaul, noting a “great deal of overlap” between the White House framework and recent Republican proposals. House Ways and Means Chairman Paul Ryan agreed that there are areas where Democrats and Republicans […]

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Here a Tax Cut, There a Tax Cut

By :: January 13th, 2015

Wisconsin’s Paul Ryan will be House Ways & Means Chair for a while after all. The 2012 GOP Vice-Presidential nominee feels he is “in a position to make a big difference” and wants to remain on the tax-writing panel. Had he run for president in 2016, he would have had to give up his chairmanship—and […]

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All's Fair in Love and Taxes... Or Not.

By :: January 8th, 2015

Et tu, Utah? GOP leaders want to increase the state’s gasoline tax. The state faces an $11 billion budget gap for transportation projects slated through 2040. Its House GOP caucus has endorsed an increase of as much as 10 cents a gallon in the state’s gasoline tax. They’re even willing to tie the tax to […]

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House GOP Leadership Would Require Dynamic Scoring of Some Tax Bills. Will It Matter?

By :: December 24th, 2014

Last night, the House Republican leadership proposed new rules that would require the Joint Committee on Taxation and the Congressional Budget Office to incorporate macroeconomic effects of “major” legislation into their official budget estimates. But there may be less to these new rules for so-called “dynamic scoring” than meets the eye. The GOP did not […]

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Tax Deals: Will Everything Old Be New Again?

By :: December 1st, 2014

Dave Camp on tax reform: “It can be done.” Retiring House Ways & Means Chair Dave Camp remains optimistic. The Hill reports that a deal to extend expiring tax breaks could give Camp’s successor, Paul Ryan, a chance to secure broad GOP support for a tax reform plan. About that tax extender deal… The White […]

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New Chairs, New Resistance, and Maybe, New Taxes

By :: November 20th, 2014

As expected: Paul Ryan will succeed Dave Camp as House Ways & Means Chair. Representative Kevin Brady removed himself from consideration earlier this week, though he had more committee seniority. The full House GOP conference approved its  Steering Committee’s chairmanship recommendations, including Jason Chaffetz  to replace Darrell Issa on the Oversight and Government Reform panel […]

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How Quickly Can Lame Ducks Move Before the Holidays?

By :: November 17th, 2014

On the Hill this week: House Republicans will choose either Paul Ryan or Kevin Brady to be the next Ways & Means Committee chair. But Ryan would have to give up the gavel if he chooses to run for president, according to a new party rule approved last week. Meanwhile, senior tax writing committee members […]

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And the Winner Is... The GOP. Now What?

By :: November 5th, 2014

The GOP takes control of the Senate. It has secured a majority in the Senate but has far from working control in a chamber where 60 votes are needed to do almost anything. Utah’s Orrin Hatch will become the new chair of the Senate Finance Committee. Alabama’s Jeff Sessions is in line to head the Senate […]

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Is There Any Chance Congress Will Pass Business Tax Reform Next Year?

By :: October 28th, 2014

In the run-up to next week’s congressional elections, Republicans are saying that if they win control of the Senate, they will try to pass business tax reform as part of an ambitious “we can get things done” agenda. Is there any possibility that a GOP-controlled Congress could rewrite the business provisions of the tax code? The chances […]

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