If it’s your Valentine’s Day dream to be questioned in public by Reps. Dave Camp, Earl Blumenauer and Vern Buchanan, you’re in luck. The House Ways and Means Committee is holding an open casting call for witnesses at a Feb....
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Photograph by FotografiaBasica
Valentine’s Day Card from Congress: Come See Us About Tax Breaks
Photograph by David Gould
Tax Boosts: Charities to Benefit
Higher tax rates mean more money for government — and for charity. To economists, the tax deduction for charitable contributions is equivalent to a government grant matching private donations that increases with income. So when the top tax rate increased...
Read more »Taxing: Where There are Ways the Means of Complication are Endless
The tax code is too complicated and full of duplicative incentives, Nina Olson, the national taxpayer advocate, wrote in her annual report to Congress yesterday. Congress apparently hasn’t gotten the memo yet. In the legislative session that started Jan. 3,...
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Photograph by Scott Eells/Bloomberg
Mitt and Ann Romney during the RNC.
Romney’s 2011 Taxes: 14.1 Pct
Updated with added details Mitt and Ann Romney paid $1,935,708 in taxes last year on $13,696,951 in mostly investment income, according to a report from their accountants released by the campaign today. The Romneys’ effective tax rate for 2011 was...
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Obama: Romney’s Tax, Your Tax
President Barack Obama is not letting go of Mitt Romney’s taxes. And the president’s re-election campaign, with its newest post-convention, post-9/11 attack ad against his Republican rival, is taking his opponent to task for not spelling out how he might...
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Photograph by Bill Clark/CQ Roll Call/Getty Images
Tea party activist William Temple marches in front of the U.S. Supreme Court.
Tea Party Tax Exemptions Granted
Tea Party groups are moving closer to their goal of being able to discuss the issues in the upcoming presidential election — while remaining tax-free. After complaining loudly of unfair treatment at the hands of the IRS, at least eight...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
