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WASHINGTON HOTLINE Oil Company Tax Increase to Clean Up Gulf Oil Spill The oil spill from the Deepwater Horizon rig in the Gulf of Mexico continues to put the Gulf Coast economy at risk. As a result, President Obama this week sent a letter to Speaker Nancy Pelosi (D-CA) and proposed an increase in the […]

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Washington Hotline

WASHINGTON HOTLINE Tax Quote of the Week “Government expands to absorb revenue and then some.” – Tom Wicker Should Banks Pay a TARP Tax? During the financial crisis in October of 2008, Congress passed the Emergency Economic Stabilization Act. Part of that Act created the Troubled Asset Relief Program (TARP) with a $700 billion fund […]

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