Jon Kyl

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  Democrats Propose to Extend, Expand Payroll Tax Cut; Republicans Scoff

  By Joyce Hanson, AdvisorOne  |  November 28, 2011

  Senate Democrats on Monday urged Congress to extend the tax cuts now in place for employers and employees, but Republicans countered that the tax holiday should end because it isn’t stimulating the economy.

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  Deficit Supercommittee: Are You Ready for More Political Football?

  By David Tittsworth, IAA  |  November 15, 2011

  Everything you wanted to know about the Congressional supercommittee, and when its recommendations need to be made.

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  Deficit Reduction Committee Gets to Work

  By Robert Bloink, Esq., LL.M., William H. Byrnes, Esq.  |  August 29, 2011

  Congress’ solution to the debt limit crisis and rising deficits is fully operational, but many are left wondering whether the bipartisan Joint Select Committee on Deficit Reduction is capable of fulfilling its mandate.

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  Top 10 Industry Donors to Congressional Deficit Panel Members

  By Melanie Waddell, AdvisorOne  |  August 15, 2011

  Political contributions tracker MapLight analyzes campaign contributions to the 12 members of the 'Super Committee' that Congress appointed to reduce the nation's debt.

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  GOP Demands IRS, Obama Records on Political Donor Tax Enforcement

  By Kathleen McBride, AdvisorOne  |  May 19, 2011

  Finance Committee members cite First Amendment rights in protecting nonprofits that primarily support political organizations, and the Republican Senators also requested records of conversations and correspondence from President Obama.

• Senators Lincoln, Kyl Float Estate Tax Reduction Proposal

  By Melanie Waddell, AdvisorOne  |  July 19, 2010

  Senators Blanche Lincoln (D-Arkansas) and Jon Kyl (R-Arizona) introduced July 14 a proposal to permanently reform the federal estate tax.

• Retirement Planning: Estate Tax Up for Debate

  By Melanie Waddell, AdvisorOne  |  May 1, 2009

  One issue that will be a big debate in Congress this year is the estate tax. Congress must take some action on the estate tax...

• Congress Urged to Keep

  By Melanie Waddell, AdvisorOne  |  July 15, 2005

  The Financial Planning Association is urging members of Congress to retain the "step-up in basis" in any estate tax legislation that lawmakers consider this year. The step-up in basis is important because "If inherited assets are sold, heirs would pay tax on the value accumulated since they inherited the assets,"...