Joint Committee on Taxation

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  Lawmakers Launch Website to Crowdsource Tax Reform

  By Melanie Waddell, AdvisorOne  |  May 9, 2013

  Recognizing that Washington doesn’t have all the answers, Sen. Max Baucus and Rep. Dave Camp have debuted TaxReform.gov, where the public can weigh in.

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  Big Boost to 401(k) Roth Conversions in Fiscal Cliff Deal

  By John Sullivan, AdvisorOne  |  January 3, 2013

  The last-minute deal by Congress to avoid the fiscal cliff contains a new option for workers saving for retirement.

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  How Obama’s and Romney’s Tax Plans Will Affect Your Clients

  By Phillips Hinch, Financial Planning Association  |  October 17, 2012

  Beyond the debate hype, what President Obama and Gov. Romney really propose on taxes, and what those proposals will mean for your clients.

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  Lawmakers Grapple With Capital Gains Tax Overhaul

  By Melanie Waddell, AdvisorOne  |  September 21, 2012

  As Congress tackles broad tax reform, where to set the rates on capital gains will be the most controversial and complex issue lawmakers must tackle.

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  CBO: Obamacare Repeal Would Raise Deficit by $109 Billion

  By James J. Green, AdvisorOne  |  July 24, 2012

  Separately, the CBO and joint tax committee say the Supreme Court ruling on the Affordable Care Act will reduce its costs by $84 billion.

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  Senate Republicans Block Buffett Rule; Democrats Vow Continued Fight

  By Melanie Waddell, AdvisorOne  |  April 16, 2012

  The Senate voted against the Paying a Fair Share Act of 2012, also known as the “Buffett Rule,” which would have set a minimum 30% tax on millionaires and billionaires.

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  Joint Congressional Hearing Addresses Derivatives and Tax Reform

  By James J. Green, AdvisorOne  |  December 6, 2011

  Baucus quotes Buffett on limiting ‘potential for mischief;’ witnesses criticize Congress’ piecemeal approach to taxing financial products.

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  Lawmakers Push Financial Transaction Tax as Deficit Deadline Nears

  By Melanie Waddell, AdvisorOne  |  November 11, 2011

  With only two weeks left to reach a deal, lawmakers supporting the bill that would levy a tax on financial transactions urged the Joint Select Committee on Deficit Reduction in a Nov. 8 letter to adopt their proposal.

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  Senate Republicans on Finance Committee Urge Deficit Panel to Make Changes

  By Melanie Waddell, AdvisorOne  |  October 14, 2011

  Republican senators' recommendations to the Joint Select Committee on Deficit Reduction include repealing the Alternative Minimum Tax and the health-care law and reforming Social Security.