Domestic Taxes

The U.S. Chamber of Commerce on Tuesday sent a letter to Congress urging them to repeal the requirement that companies file to the IRS a 1099 form for purchases above $600.

President Obama in his Saturday address warned that Republicans were eager to privatize Social Security, but research by FactCheck.org finds his claim not to be entirely true.

An amendment from Sen. Mike Johanns (R-Neb.) to the small-business bill that repeals the requirement for businesses to issue 1099s for purchases above $600 would increase premiums and the ranks of the uninsured, states a new report from the left-leaning Center on Budget and Policy Priorities (CBPP). 

Analyst Martin Regalia said tax increases advocated by President Obama would essentially kill any chance for an economic rebound. 

Americans United will begin running ads on Social Security in 10 states on Monday; GOP decries "scare tactics." 

“It’s time we put some real checks and balances back in place this November,” Rep. Pat Toomey (R-Pa.) said Saturday.

In a letter to the National Commission on Fiscal Responsibility and Reform, Sen. George Voinovich (R-Ohio) clarified his stance that any new fuel tax should be used to improve the country's infrastructure system and not to pay down debt.

The Joint Committee on Taxation reports millionaires will receive, on average, a $103,834 tax cut if Congress extends the breaks.

Misguided economic policies advocated by the Obama administration and congressional Democrats have increased taxes on companies and are taking a major toll on hiring decisions by business leaders, claims Small Business & Entrepreneurship (SBE) Council president and CEO Karen Kerrigan. 

Rep. Cathy McMorris Rodgers (R-Wash.) has received Taxpayer Hero status from the Council for Citizens Against Government Waste for her effort to reduce government spending.  

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