Showing archive for: “Tax Law & Policy”
What’s "Courageous" When It Comes to Taxing Investment Income?
Today’s New York Times accuses President Bush of getting things “exactly backwards” by exhorting Congress to demonstrate political courage by resisting the urge to raise taxes. The politically courageous move, the Times says, would be to raise taxes (i.e., to refuse to extend the 2003 cuts beyond their expiration date). In particular, the Times calls ... What’s "Courageous" When It Comes to Taxing Investment Income?
