Section 179 Reinstatement Good, But Clarity Is Better
A federal policy think-tank this week released a new document detailing the impacts of tax uncertainty on the ag sector, including the "will they or won't they" nature of Section 179 reinstatement. In commentary on Section 179 and ag tax issues, IPI President Tom Giovanetti says Congress' latest move on the 2014 expensing provision was essentially too little too late.
Medicare's Becoming A Means-Tested Welfare Program, And That Could Be A Good Thing
Those fighting to keep Medicare from becoming a means-tested welfare program are losing the battle, but that might be the only way we’re ever going to get real Medicare reform.
President Obama and Iran's Supreme Leader Have One Thing In Common: They're Not Believable
If Obama gets a deal, don’t be surprised if the agreement stresses ending the sanctions first and compliance verification second.
When Republicans Flip-Flop And Embrace Government Mandates
As we move closer to the presidential primaries, watch for most GOP candidates to praise the Renewable Fuel Standard mandate. You might even ask them, if you get the chance, why isn’t energy freedom more important?
Music Industry Makes Major Change To New Releases
According to a study by the Institute for Policy Innovation in 2007, the music industry loses out $12.5 billion each year due to piracy, or illegal downloading of music.
Tax Uncertainty Hurts: Congress Should Not Delay on Section 179
Congress must avoid the mistakes of 2014, when tax uncertainty delivered a harmful blow to the economy thanks to tax policies which were never clarified until the very end of the year, says IPI president Tom Giovanetti in “How Tax Uncertainty Harms Economic Growth.”
Congress is Downsizing The IRS, So It Must Downsize the Tax Code
Tax reform and simplification needs to be one of the Republicans' top priorities. In the meantime, they should continue cutting the IRS budget.
A Constitutionalist's Guide to Obama's Unconstitutional Treaty with Iran
Our “constitutional scholar” in the White House is doing his best to violate Article II, Section 2, of the U.S. Constitution by entering into a treaty with the Islamic Republic of Iran.
Blame the IRS and Congress, Not Software, For Tax Fraud
It’s shameful to see Congress pass the buck and attempt to pin the blame for tax fraud on tax preparation software.
Scammers are Swindling Taxpayers Out of $1,000 Per Household
President Obama believes redistributing money is the way to create jobs and spur economic growth, and thieves are helping him do just that.