September 7, 2007

Pet Trusts and Tax Cuts:An argument against repealing the estate tax

By Kristina Gupta Leona Helmsley, a billionaire hotel operator and real estate investor, died on August 20th, leaving $12 million in a trust fund for her dog, Trouble. Helmsley also left millions for her brother and two

August 15, 2007

Mammas, Don’t Let Your Babies Grow Up To Be Sole Proprietors

by Cristina Martin Firvida In the American imagination, few archetypes hold such romantic appeal as the cowboy.  In the imagination of many on Capitol hill, the image of the small business owner offers similar enchantment. In the

August 14, 2007

Tax Cuts for the Really, Really Rich Are Really, Really Expensive

by Joan Entmacher For those who aren’t spending their summer at the Hamptons, the good people at Citizens for Tax Justice have come through with some great August reading: New IRS Data Pegs Cost of Special Low

August 10, 2007

A Taxing Question: Can You Get Something for Nothing?

by Cristina Martin Firvida In the aftermath of the Minnesota bridge collapse last week, a daring new plan began to emerge to ensure the safety of your commute: fix the bridges that are broken. Of course, bridges

August 1, 2007

A “Very Reasonable Person” Challenges Tax Breaks for Private Equity—From Inside the Industry

by Joan Entmacher Something surprising happened at yesterday’s Senate Finance Committee hearing.  A venture capitalist, Bill Stanfill, took on his own industry – and told the committee that Congress should eliminate the special tax breaks that he

July 25, 2007

News Flash: Law Center and Steve Forbes Agree On One Thing

by Joan Entmacher Steve Forbes writes today in the Wall Street Journal (subsription) that Congress should not change the way private equity companies are taxed. We don’t agree with that (or with most of what he has

July 20, 2007

The Chorus Grows Louder: Taxing Private Equity

by Joan Entmacher Yesterday’s Financial Times editorialized in favor of taxing the compensation of private equity firm managers at ordinary income tax rates, just as the compensation of all other workers is taxed. If  you are

July 20, 2007

Surprise! Former Bush Economic Adviser Agrees Private Equity Billionaires Get Unfair Tax Break

by Joan Entmacher

July 19, 2007

A vote for right priorities, or for the wrong direction?

by Cristina Martin Firvida Today, the House of Representatives is voting on the spending bill (H.R. 3043) that funds many of the federal programs that make the greatest difference in the lives of American women and their

July 10, 2007

Does Billionaire Steve Schwarzman Pay a Lower Tax Rate than You?

(Think Congress should do something about it?) by Rebecca Wilkins and Joan Entmacher Tomorrow, the Senate Finance Committee is holding a hearing with the unbelievably boring title of “Carried Interest, Part I.” But before you yawn and ignore

July 6, 2007

Governors Ask Congress to Reverse Restrictive Welfare Rules

by Jessica Stone and Joan Entmacher Over the past year, the Bush Administration has put additional barriers in the path of poor women struggling to provide for their children, and of states trying to provide assistance to

June 14, 2007

Children Still Waiting

by Helen Blank