A Rasmussen poll released this week found that a paltry 9 percent of those surveyed believe the United States has the best tax system in the world. To put this in perspective, a separate poll found that 6 times as many (54 percent) Icelanders believe that elves may exist.
Americans are overwhelmingly dissatisfied with our broken tax code. Chairman Dave Camp (R-MI)…
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House Ways and Means Committee Chairman Dave Camp (R-MI) today announced that the Committee on Ways and Means will hold a hearing on President Obama’s budget proposals for the Department of Health and Human Services for fiscal year 2014. The hearing will take place on Friday, April 12, 2013 in 1100 Longworth House Office Building, beginning at 9:00 A.M.
In view of the…
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Washington, DC - Today, Ways and Means Committee Chairman Dave Camp (R-MI) announced that the Committee will convene a series of hearings on entitlement reforms to protect and preserve Medicare and Social Security that have been identified by the President – either in his budget or in other recommendations to Congress – as well as bipartisan ideas for entitlement reform from…
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WASHINGTON, DC – Leaders of the House Energy and Commerce Committee and Ways and Means Committee today outlined additional details of a proposal to repeal the current Sustainable Growth Rate (SGR) system and replace it with a fair and stable system of physician payment in the Medicare program. On February 7, the committees outlined a framework to reform the…
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By Damian Paletta
WASHINGTON—The White House is strongly considering including limits on entitlement benefits in its fiscal 2014 budget—a proposal it first offered Republicans in December. The move would be aimed in part at keeping alive bipartisan talks on a major budget deal.
Such a proposal could include steps that make many Democrats queasy, such as…
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‘“[M]ost companies will find value from the easier accounting’ proposed by Camp. ‘It would surely simplify the hodgepodge of tax codes that deal with partnerships and S Corps,’ he says, adding that ‘a unified system should make it easier for companies like mine to comply with the rules. I think Dave Camp is on to something.’”
(Termax CEO William Smith, CFO.com, March 20,…
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April 1 might be April Fools’ Day, but with the highest corporate tax rate in the industrialized world, American employers and their workers aren’t laughing. A look around the globe makes it clear – while countries like Japan, the United Kingdom and Canada all lowered their corporate tax rates in 2012, America’s corporate rate remains the highest in the industrialized…
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The health-care law could prove to be a boon for temporary-staffing companies as employers outsource jobs to sidestep complex requirements for medical insurance.
But some experts say the Affordable Care Act’s exceptions for temporary employees could undercut the goal of expanding coverage to more American workers.
“That could lead to an increase in part-time workers” who lack…
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Washington, DC – Today, Ways and Means Oversight Subcommittee Chairman Charles Boustany Jr., M.D. (R-LA) wrote to Health and Human Services (HHS) Secretary Kathleen Sebelius regarding the inclusion of a voter registration application form in HHS's application for federal Exchange subsidies under ObamaCare.
As if the insurance application process will not be complicated enough,…
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Health insurers are privately warning brokers that premiums for many individuals and small businesses could increase sharply next year because of the health-care overhaul law, with the nation's biggest firm projecting that rates could more than double for some consumers buying their own plans.
The projections, made in sessions with brokers and agents, provide some of the most concrete…
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