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Meet a Billionaire Paying a Lower Tax Rate Than You

It wasn't fair of me yesterday to pick on just hedge fund managers for lobbying to protect their discount income tax rate, instead of closing that loophole to pay for preventing an unfair expansion of the Alternative Minimum Tax. Because it's not just hedge fund...

The Disconnect

The disconnect between certain folks in Washington with the rest of the country is striking. With most Americans unhappy with the state of the economy, (despite the best efforts of David Brooks), many in Washington are risking an unfair tax hike on millions of...

Energy Bill Gets Better

In what, quite frankly, is a bizarre turn of events, the energy bill going to the House floor today will be even stronger than reported earlier. The bill now includes $21 billion in tax credits for renewable energy, paid for by ending handouts to fossil fuel...

How Bush Helped Create the AMT Problem

President Bush is continuing to attack Congress for not yet passing legislation to prevent the Alternative Minimum Tax from making millions of Americans unfairly pay a greater than necessary share in taxes. He raised the issue three times in the last four days. What...

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