On Wednesday 8, 2012, the House Committee on Ways and Means held a testimony on "The Interaction of Tax and Financial Accounting on Tax Reform." Here, Aparna Mathur contributes to their discussion.  

Mitt Romney handed President Obama a political gift this weekend, when his campaign announced that he would not file his tax return on time. Romney made the announcement at 5 p.m. on Friday — the time politicians usually put out bad news they hope no one will notice. Team Obama noticed all right

If ever we need evidence of ideology run rampant, the House vote to eliminate the annual American Community Survey and the Economic Census to provide basic information on the state of businesses and industries in the country and data used for generating quarterly gross domestic product estimates is exhibit A.

Francoise Hollande’s defeat of Americain Nicolas Sarkozy does matter when it comes to foreign policy because Sarkozy has arguably been the most alliance-friendly French leader in decades—perhaps ever. 

President Barack Obama and Republican presidential contender Rick Santorum have finally managed to find something they agree on. Despite their many differences, they see eye to eye on the notion that the tax system should favor manufacturing over other sectors of the economy.

This article is the first part of a two-part examination of the contentious issue of how state governments' provision of goods and services to the public should be taxed under a VAT.

In a just published piece, AEI economist and tax expert Alan Viard warns that the 2011 payroll tax holiday, which shaves 2 % points off workers’ Social Security tax rates, undermines historical practices and distorts federal budget priorities as it diverts $130 billion from the general treasury into the Social Security trust fund.

This conference will examine various policy aspects relating to the taxation of multinational corporations.