Market leading insight for tax experts
View online issue

Recent developments in US tax policy

James Politi offers a view from Washington on tax and politics

What now for US tax policy in the face of the ‘fiscal cliff’? The hope is that the fiscal gridlock of the past few years is finally about to ease.

When a triumphant Barack Obama entered the East Room of the White House on 9 November to offer his first remarks on the economy since a convincing re-election victory three days earlier he sent a key message on the direction of US tax policy.

‘We can’t just cut our way to prosperity ’ Mr Obama said. ‘If we’re serious about reducing the deficit we have to combine spending cuts with revenue – and that means asking the wealthiest Americans to pay a little more in taxes ’ the president said to applause from the audience.

After...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top