We’ve been hearing about the tax gap for a long time, long before the Internal Revenue Service released its 2001 tax gap estimates back in 2006. The release of those estimates seemed to simply add numbers to what everybody “knew”: small business owners who are not subject to either involuntary withholding or third party reporting [...]

It seems pretty clear that the Obama Administration wants businesses to start hiring again and that they want that to happen really badly. The President has been doing a certain amount of campaigning to let citizens know what he’s been doing to deal with an unemployment rates that is stubbornly hovering at around 10%. It’s [...]

In case you hadn’t heard, Washington is girding its loins for the Next Big Fight, even though the Last Big Fight isn’t over yet. Congressional Democrats are evidently already internally bickering over the health care reform versus climate change legislation debate. According to some news reports, one set of Democrats says that energy legislation should [...]

This might sound like a peculiar thing to say after all this time but it’s beginning to look like the Senate may finally be ready to get serious about health care reform. As might have been expected, the Senate Committee on Health, Education, Labor and Pensions has been holding a series of hearings to examine [...]

Last week, President Obama made his first address before a joint session of Congress that was not, technically, a State of the Union address but that was, in every other way, a State of the Union Address. That was when we learned something else about our new President. We learned that, as president, Obama has [...]

President-elect Barack Obama told his radio audience during the Democrats’ weekly address this weekend that he and his economic team would act boldly to deal with an economy that was generating more bad news every week. He promised to inject new life into the economy by investing in infrastructure projects and building a new alternative [...]

We’re not going to pretend that we don’t have major party nominees for the 2008 presidential election, even if the party conventions that will make those nominees “official” haven’t happened yet. So, we’ll just say that presidential candidates John McCain and Barack Obama have both put forth tax plans with which to woo voters. If [...]