Dave Camp’s Tax Plan: A Brave Start But Lots of Gimmicks
Give House Ways & Means Committee Chair Dave Camp (R-MI) all the credit in the world for years of hard work developing his tax reform plan. Just don’t look too hard at the blueprint, which he...
View ArticleCamp Defines Private Equity as a Business, Would Boost Taxes on Carried Interest
In the tax reform roadmap he released yesterday, House Ways & Means Committee Chair Dave Camp (R-MI) targeted the trillion dollar private equity industry. Not only did he propose to tax the...
View ArticleHow Does Dave Camp Pay for Individual Tax Cuts? By Raising Revenue from...
Key elements of the tax code rewrite proposed yesterday by House Ways & Means Committee Chair Dave Camp (R-MI) came straight from the playbook of the 1986 Tax Reform Act. The most surprising: As in...
View ArticleHidden Taxes in the Camp Proposal
House Ways and Means Committee Chair Dave Camp (R-MI) has produced an impressive tax reform plan that eliminates most loopholes, deductions, and credits. But the plan also introduces a number of hidden...
View ArticleDave Camp’s pitch to overhaul U.S. taxes: An impossible dream?
Unlike many previous Republican proposals to cut taxes, the Michigan congressman specifies how government would pay for them. This is critical, but it’s not pretty. On Wednesday, U.S. Rep. Dave Camp...
View ArticleCamp Tax Reform Would Create New Challenges for States
House Ways and Means Chair Dave Camp’s recent tax reform plan would raise the cost of doing business for many state and local governments. Camp would repeal the deductibility of state and local taxes,...
View ArticleCamp’s Plan to Consolidate Higher Education Tax Incentives
The comprehensive tax reform plan recently released by House Ways & Means Committee Chair Dave Camp (R-MI) contains a noteworthy proposal to reform tax benefits for higher education. The plan would...
View ArticleA Tale of Three Agendas: Obama, Camp, and Ryan
Over the past week, three senior Washington lawmakers released foundational documents that describe both their agendas and their perspectives on government. On one level, they paint vastly different...
View ArticleA Camp-ground for Tax Reformers
By proposing a far-reaching and detailed rewrite of the Revenue Code, House Ways and Means Committee Chair Dave Camp (R-MI) did something very few elected officials have done in recent years: He stuck...
View ArticleThe Macro Effects of Camp’s Tax Reform
When House Ways & Means Chairman Dave Camp rolled out his tax reform last week, the Joint Committee on Taxation evaluated its macroeconomic impacts. Using two different models, the nonpartisan JCT...
View ArticleTax Reform’s Quiet Protectionism
House Ways and Means Chairman Dave Camp has offered a detailed and thoughtful set of proposals on international tax reform, as did former Senate Finance Chairman Max Baucus in November, 2013. The...
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The Many Moving Parts of Camp’s Tax Reform for Low-Income Families
House Ways & Means Committee Chair Dave Camp’s tax reform plan would make many changes to the two major refundable tax credits aimed at assisting low- and moderate-income working families—the...
View ArticleDave Camp’s Most Valuable Contribution to Tax Reform
House Ways & Means Committee chair Dave Camp’s most important contribution to the tax reform debate may be this: By proposing a specific, transparent, and fully-realized reform plan, he has made it...
View ArticleAs American as Apple Inc.
Are large U.S. multinationals largely U.S. owned? To hear some of the arguments for retaining or enhancing the tax benefits that these companies enjoy, you’d think this was a given. Think again. Quirks...
View ArticleDave Camp’s Plan for the Expired Tax Provisions: An Almost-Good Idea
House Ways & Means Committee Chair Dave Camp (R-MI) has a plan for what to do with scores of now-expired tax subsidies that are sitting in Congress’ lap. He wants to review each one on its merits...
View ArticleThank You, Dave Camp
House Ways & Means Committee Chair Dave Camp (R-MI), who said yesterday that he’ll retire from Congress at the end of the year, will leave behind an enormously important achievement. At a time...
View ArticleHouse Republicans Punt on Tax Reform
The House Republican budget, released today by Budget Committee Chair Paul Ryan (R-WI), kicks the tax reform can down the road yet again. Not only does it fail to enhance chances for a tax code...
View ArticleShould Congress Curb Donor Advised Funds?
Buried deep in House Ways & Means Committee Chair Dave Camp’s tax reform plan is a proposal to require donor-advised funds to distribute contributions within five years. The proposal would be a...
View ArticleDave Camp’s Tax Reform Could Kill Community Foundations
House Ways and Means Committee Chair Dave Camp deserves credit for proposing a tax reform that takes on many special interests, something too few other elected officials are willing to do. But one...
View ArticleDave Camp’s Great Bonus Depreciation Flip-Flop
Sadly, the House Ways & Means Committee has turned on its head a proposal by its chairman, Dave Camp (R-MI) to repeal bonus depreciation for business capital investment. Instead of scrapping the...
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