John Snow Tax Quotations

will push to the back burner some issues that otherwise would have been on the agenda now -- the estate tax, tax cut permanence and other things.

The laws must ensure that those who would shirk their civic responsibilities cannot do so by exploiting unintended loopholes, and the IRS must ensure that taxpayers do not engage in abusive tax avoidance transactions,

That will tee up the next major issue for the president ? broad-based tax reform,

While it is relatively straightforward to point out flaws in a tax system and to express a desire for change, it is much more challenging to settle on a specific solution. There are difficult trade-offs,

Treasury set out principles this summer to ensure that the risk to taxpayers was reduced in any extension of the Act,

These are bold recommendations, ... These are recommendations that will challenge orthodoxy in a lot of ways on tax policy.

The effort to reform the tax code is noble in its purpose but it requires political willpower,

At a time like this, the tax treatment of fuel is far less important than getting fuel to those who need it,

This IRS guidance establishes a process that manufacturers can use to certify the amount of credit the purchaser of the vehicle can claim. This is going to provide much-needed certainty to Americans who are purchasing these vehicles. It means they will be able to rely on the manufacturer's certification when they claim the credit on their tax return. This is good news for those consumers because they are also taxpayers who seek simpler, fairer tax filing, and it is good news for manufacturers who can now offer reassurance to customers on the ease of the tax rules.