Layoff Watch ’12: Some Dude’s Friend at KPMG
This just in: KPMG just laid off a friend of mine in Rochester, NY. Sources familiar with the situation say that it's "unfortunate this happened" but claim that the friend was a "good guy" and "hard-working" although he had been "having a tough time lately" and "was talking about quitting anyway." The friend was not […]
Mitt Romney Left Tax Policy Wonks Feeling a Little Unsatisfied Today
Maybe you didn't hear about it, but last night Mitt Romney and Barack Obama were on TV engaging in a war of words. LOTS OF WORDS. The consensus is that Willard emerged the big victor while remaining pretty vague on details: Romney fiercely objected to Obama’s characterization of his tax plan as a $5 trillion […]
Summing Up Tax Policy in This Presidential Election
Tax Analysts' Chris Bergin doesn't like what he heard from Mitt Romney yesterday: In a taped interview, host [Meet the Press host] David Gregory repeatedly asked Romney for details of his tax plan. He ended up practically begging for just one detail – any morsel, please. He got zip, zilch, nothing. […] I can think […]
Mitt Romney Would Like To See You Try Scoring His Tax Plan. Just Try It.
Fresh off his Super Tuesday meh, Mitt Romney went on CNBC and made a strange admission that his tax plan is not a real plan, per se: “What I put out in my plan was a series of principles that allow our economy to grow and at the same time maintain a neutral budget impact,” […]
Here’s the President’s Framework for Business Tax Reform
At 23 pages, it's nearly readable! But it's still wonky tax stuff so it's not exactly breezy. Via the TaxProf here are the five elements (and the whole document is below): I. Eliminate dozens of tax loopholes and subsidies, broaden the base and cut the corporate tax rate to spur growth in America: The Framework would […]