I want to continue this discussion, because it seems to me retroactive, debt-financed tax cuts, particularly temporary ones, are a prescription for more trouble in the American economy in the long term.
Wyden warns against the long-term economic risks of temporary tax cuts.
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The White House should make MITRE’s findings public as soon as possible.
This interpretation is wildly inconsistent with the longstanding treatment of other provisions that use identical or near-identical language.
The best way to honor these victims is to at long last pass common-sense gun laws that reduce the risks of more children, parents, teachers and staff forced to live in fear of similar nightmares for their schools.
This throws doubt upon Treasury’s interpretation of many provisions of the Code, creates a great deal of uncertainty in the administration of our tax laws, and could balloon the deficit.
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