taxes

Tax Reform, the IRS, Cybersecurity, and Privacy

The current tax reform debate has focused on economic growth and the value of cuts to different groups of taxpayers.

Tax Refund Fraud

A report from the Internal Revenue Service’s inspector general “estimates the IRS could issue $21 billion in potentially fraudulent tax refunds resulting from identity theft over the next five years.” The inspector general told CNBC that the fraud is a “growing problem” and that the numbers are growing “exponentially”:

Obama’s Budget, Taxes, and Doctors

President Obama is releasing his FY2013 budget today, and it’s more of the same—trillion-dollar deficits, huge spending, and tax hikes on high-earners. The president wants to raise taxes substantially on households earning more than $250,000. It’s all about fairness he claims, even though effective tax rates on high-earners are already double the rates on middle-earners.

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