TaxBytes

It should NOT surprise us that innovative companies find ways to solve the problems created by our tax code.

On January 1, 2013, a dizzying array of tax cuts, deductions and exemptions are scheduled to expire. Estimates of the impact on a typical working class family range from between $1,750 and $3,800 in additional taxes next year alone.

A closer examination suggests that Buffett and his secretary present an exceptional and perhaps questionable anecdote rather than a pattern.

The Export Import Bank is an example of moral hazard, and the law of unintended consequences.

The United States should not to try to stifle international tax competition, but rather should get back in the game by lowering business tax rates and freeing U.S. businesses to compete internationally.