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April 21, 2015

Tax Policy Update

NUMBER OF THE WEEK: 6.5 percent. The tax rate at which companies could voluntarily repatriate their foreign earnings under the Invest in Transportation Act of 2015 (S. 981). Senators Barbara Boxer (D-CA) and Rand Paul (R-KY) introduced the bipartisan proposal, offering ways to save the Highway Trust Fund. Funding authority for surface transportation projects is due to expire May 31. Under the bill, all tax revenues collected through the repatriation program would be transferred into the Highway Trust Fund. “This bipartisan repatriation proposal will stimulate the economy by bringing back hundreds of billions of American dollars currently sitting offshore…and will provide much-needed revenue to the Highway Trust Fund,” Boxer said. Some of Boxer’s colleagues in the Senate have expressed doubts about a one-time, voluntary repatriation holiday as the Joint Committee on Taxation regards such measures as revenue losers over the long run. Earlier this year, Senate Finance Chairman Orrin Hatch (R-UT) has indicated that he would not support such a revenue-losing proposal to fund infrastructure, calling it “bad policy.” Read a summary of the Boxer-Paul proposal here.

April 20, 2015

Washington Healthcare Update

This Week: Energy and Commerce Health Subcommittee Explores Post-Acute Bundling…CMS Releases First-ever Hospital Compare Star Ratings…Fiscal Year 2016 Proposed Inpatient and Long-term Care Hospital Policy and Payment Changes
April 14, 2015

NC Politics in the News

Case Study Highlights