Tax eBrief: Simpson, Bowles attempt to revive deficit plan, and more

Tax eBrief: Deficit Plan REUTERS Simpson Bowles

Deficit hawks Alan Simpson and Erskine Bowles on Tuesday will propose a detailed plan for rewriting the tax code and implementing deep new spending cuts, hoping to offer a path to compromise for Democrats and Republicans, according to an outline of the deficit plan. Continue reading

Essential reading: Public goals, private interests in ‘Fix the Debt’ campaign, and more

Many members of the ‘Fix the Debt’ campaign are juggling their private interests with their public goals: they are also lobbyists, board members or executives for corporations that have worked aggressively to shape the contours of federal spending and taxes, including many of the tax breaks that would be at the heart of any broad overhaul. Continue reading