Preview of 2005 Budget

The NY times is reporting on some details of the 2005 budget according to "administration officials."

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Long-run Fiscal Condition of the US

A new report from the CBO shows just how harmful current tax policies have been to the long-run health of the country.

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Arizona Charities and the Estate Tax

A story from the Arizona Republic

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Lost revenue from tax evasion

The nation is loosing up to $40 billion in revenue per year from tax avoidance, according to a story in today's Washington Post.

The story also indicates that "...efforts to shift resources to the problem have slowed considerably, even as the extent of the problem has unfolded."

In fact, according to the story, last year the IRS commissioner admitted that "79 percent of identified taxpayers who use abusive devices such as offshore accounts are not pursued."

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The Omnibus Spending Bill and the Budget Process

OMB Watch - The Omnibus Spending Bill and the Budget Process

The omnibus appropriations legislation is still pending. While most of the criticism about the bill has focused on the amount of "pork" it contains, the real problem is the seriously flawed budget process it reflects.

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Another Weak Jobs Report

Last month, only 57,000 jobs were created - well below what is needed to employ new entrants into the labor market.

For more see:

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Op-Ed from the Seattle Post-Intelligencer

Op-ed from the state of Washington ...

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