by Jane Richey | Apr 23, 2013 | Fiscal Responsibility
The Internal Revenue Service (IRS) overpaid between $11.6 billion and $13.6 billion in tax credits designed to help low-income families in fiscal 2012 , the Treasury Department announced in a report released Monday. The overpayments account for 21 percent to 25...
by Jane Richey | Apr 23, 2013 | Constitutionally Limited Goverment, Free Markets
Legislation that would empower states to tax online purchases cleared a key hurdle in the Senate on Monday after winning an enthusiastic endorsement from President Obama. Senators advanced the bill in 74-20 procedural vote on Monday evening, just one vote short of the...