Transition 2012Transition 2012

Resources on the foreign policy dimensions of the presidential transition

Must Read

PrintPrint CiteCite
Style: MLAAPAChicago Close


Politico: Loopholes and Revenues: Five Questions

Author: Steven Sloan
November 15, 2012


Politico answers five questions about the fight over the tax code currently in contest in government.

Washington's word of the moment: Loopholes.

They're the nefarious sounding — but perfectly legal — perks in the Tax Code that House Speaker John Boehner says could dig up new revenue for the government without raising taxes. President Barack Obama has called that math bogus.

It's a fight that'll continue through the end of the year as Congress scrambles to avoid tumbling over the fiscal cliff.

Here are POLITICO's need-to-know questions on these pieces of the Tax Code:

Full Text of Document

More on This Topic


To Fight Inequality, Tax Land

Author: Peter R. Orszag
Bloomberg View

In the lasting debate over Thomas Piketty’s book on outsized returns on capital, a significant fact has been obscured: If you exclude land...