And Here’s the Mitt Romney 2010 Tax Return in PDF — Finally
| January 24, 2012 | Posted by Joe Thorndike under Uncategorized |
Well, I know you’ve all been holding your breath, so here’s the 2010 Mitt Romney tax return. Or part of it. There are more supporting materials, as well as an estimate of his 2011 tax liabilities, available at Romney’s campaign site. This return, and all those supporting materials, will be available shortly on the Tax History…
Here’s the 2010 Gingrich tax return, in all it’s PDF glory
| January 24, 2012 | Uncategorized |
I still haven’t laid my hands on the Romney tax return for 2010, although I’ve read about a zillion news stories describing it. After I see it later today, I’ll post it on the Tax History Project website, where we have a comprehensive archive of presidential tax returns, as well as any candidate returns we…
Romney’s tax return – George Romney’s
| January 19, 2012 | Uncategorized |
Mitt Romney should take a lesson from dear old dad and release his tax returns. After all, his father George Romney released 12 years worth in 1967 when he ran for president. Here’s a shortened version of my Tax Notes article on the Romney Sr. returns, now running at CNN: CNN: Romney’s tax return – George…
Time.com: The Tragic death of the Temporary Tax Cut
| December 1, 2011 | Uncategorized |
My first piece for Time.com: I love the holidays in Washington. Christmas trees at the Capitol, carols at the National Cathedral–and another partisan catfight over taxes. Last year, Democrats and Republicans rang in the season with a bitter fight over extending the Bush tax cuts. That fracas ended with a less-than-statesmanlike compromise, with everyone agreeing…
tax.com: Veterans Job Credit is Feel-Good Tax Policy — and a Distraction
| November 9, 2011 | Uncategorized |
The Senate is poised this week for another exercise in strictly symbolic politics.The VOW to Hire Heroes Act — a pair of job creation tax incentives extracted from the ruins of President Obama’s failed stimulus measure — seems likely to get a vote in the next few days. Let’s hope it passes, so we can…
Joe Thorndike on NPR talking flat taxes
| November 9, 2011 | Posted by Joe Thorndike under Uncategorized |
Some of my thoughts on flat taxes, a la Rick Perry and others, on Morning Edition: Republican presidential contender Rick Perry backed a flat tax plan Tuesday. It’s an idea that has been around for some time. But it now appears to be gaining traction within the GOP. Transcript and audio at Republicans Jump On Flat…
Joe Thorndike on The Leonard Lopate Show: Please Explain-The Flat Tax
| November 9, 2011 | Posted by Joe Thorndike under Uncategorized |
Did a segment on the Leonard Lopate show last week, trying to shed some light on the flat tax. Here’s the summary and a link to the audio: Herman Cain has gotten a lot of attention for his 9-9-9 tax plan, Governor Rick Perry recently unveiled his own flat tax proposal, and there have been…
“Let Congress Worry” — The Debt Limit Problem Belongs to Congress
| July 21, 2011 | Posted by Joe Thorndike under borrowing |
From the Washington Post, November 11, 1939: Secretary Morgenthau is quite right in saying that the question of raising the debt ceiling is something for Congress to worry about. If that body votes to spend money and fails to provide either taxes to cover outlays or authorization to borrow the required sums, the Secretary of…
How Calvin Coolidge Saved the Income Tax
| July 7, 2011 | Posted by Joe Thorndike under Uncategorized |
For Calvin Coolidge, taxes were a necessary evil. And they were most evil when they weren’t necessary. More on How Calvin Coolidge Saved the Income Tax: Echoes – Bloomberg.
Can Tax Credits Create Jobs? Don’t Bet On It: Echoes – Bloomberg
| June 28, 2011 | Posted by Joe Thorndike under Uncategorized |
From my Bloomberg View post this week: In her post this week, Amity Shlaes reminds us that when it comes to labor costs, “margins matter.” By raising the cost of labor, minimum-wage laws curb hiring. If that’s true, then government policies to reduce the cost of labor should boost employment, right? If only. Read more…