carve-outs

The near 100-year history of the tax code teaches this inviolable law of politics: The higher the tax rate, the more tax carve-outs there will be for yacht owners.

Flat Is the New Fair Stephen Moore 2011

Naturally, Mr. Quinn justifies the carve-outs as essential to job creation.

Liberals Love the 1% 2011

Some lawmakers also want carve-outs, such as excluding the rapid growth in the costs of public employee pensions and health insurance.

Albany Moves Toward a Tax-Cap Deal Jacob Gershman 2011

The special carve-outs may stop Sears and the financial exchanges from flying the coop, but the income-tax hikes will still prove job-killers.

The Chicago Expulsion Act of 2011 Allysia Finley 2011

For the most part, the only successful changes have been carve-outs for niche industries — ski lodges, hotels or major developments on public land.

N.J. BYOB Gets Check Lisa Fleisher 2011

To be fair, you need carve-outs, special detailed criteria, defined parameters and thresholds.

Only Agreement We Have on Taxation Is That It's a Mess 2011

But the spontaneous citizen combustion in recent weeks suggests that Illinois voters are losing patience with carve-outs for the politically powerful.

Corporate Carve-out Revolt 2011

A tax reform to a simple flat-rate tax with no deductions would significantly reduce the current complexity inherent in our progressive tax system, which is full of loopholes, exemptions and special interest carve-outs.

The 30-Cent Tax Premium Arthur B. Laffer 2011

According to the Illinois Policy Institute, a free-market research shop, the cost of repealing the Quinn corporate tax increase would be less over 15 years than the cost of the new tax carve-outs.

Corporate Carve-out Revolt 2011

Ironically, just last August, incoming Speaker Boehner himself lamented the proliferation of these unjustified tax breaks saying, "We need to take a long and hard look at the undergrowth of deductions, credits, and special carve-outs that our Tax Code has become."

Rep. Lloyd Doggett: GOP's Proposed "Cut-Go" Rule Will Add Billions to Deficit, Distort the Budgetary Process Rep. Lloyd Doggett 2011