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Dave Camp

  • This is how billionaires enjoy super-low tax rates Thursday, 12 Mar 2015 | 2:41 PM ET
    Marc Lasry

    A rule lets the wealthy managers of private funds pay about half the tax rate they usually would—and it's unlikely to change soon.

  • WASHINGTON, Feb 13- The Republican Party's leading voice on taxes and budgets, Paul Ryan, said on Friday that the current Congress has only a few months to pull together a deal to overhaul the U.S. tax code. Washington has not been able to summon the political will to reform the loophole-riddled tax code for 28 years. Congress' energies in the autumn will be consumed...

  • Jan 20- Taxes would rise for high-earning investors, large banks and inherited wealth under a plan to be outlined by President Barack Obama in his State of the Union speech on Tuesday. Obama wants to raise the top capital gains and dividends tax rate to 28 percent, for couples earning more than about $500,000 a year, from its present level of 23.8 percent.

  • U.S. House rejects making charity tax breaks permanent Thursday, 11 Dec 2014 | 1:09 PM ET

    Dec 11- The U.S. House of Representatives on Thursday rejected legislation to make three U.S. tax breaks for certain kinds of charitable donations permanent parts of the tax code, handing a defeat to the chamber's top tax law writer. Representative Dave Camp, the Republican chairman of the House Ways and Means Committee, proposed the bill at the 11th hour in the...

  • Representative Paul Ryan, the leading Republican voice on fiscal policy, vowed on Wednesday to start overhauling the U.S. tax code despite Washington gridlock that he says will worsen with President Barack Obama's planned immigration order. The candidate for vice president in Mitt Romney's 2012 White House bid, Ryan was confirmed by Republicans on...

  • America in 25 years: Here's what to expect Thursday, 27 Feb 2014 | 1:11 PM ET

    Changes in taxation, our position on the global stage, politics and the impact of baby boomers will help shape the U.S.

  • DC in 2014: Maybe not quite so bad? Friday, 20 Dec 2013 | 1:57 PM ET
    U.S. Capitol building Washington

    Surprise! Washington could be slightly less dysfunctional next year. Keep an eye on the debt ceiling, tax reform and mid-term elections. POLITICO's Ben White reports.

  • FACTBOX-20 key players in U.S. 'fiscal cliff' drama Friday, 2 Nov 2012 | 10:59 AM ET

    WASHINGTON, Nov 2- After the Nov. 6 elections, urgent tax and spending issues must be addressed, forcing Washington's power players to make some tough decisions before the end of the year. Regardless of who wins the Nov. 6 presidential election, Obama will be in the White House during the final months of 2012 when the ``fiscal cliff'' must be dealt with.

  • WASHINGTON, Oct 31- A U.S. free trade agreement with Panama went into force on Wednesday, five years after it was originally negotiated, opening the way for increased U.S. exports as the Central American country continues its canal expansion project.

  • US Bush-era trade deal with Panama goes into force Wednesday, 31 Oct 2012 | 6:32 PM ET

    ``This trade deal will guarantee access to Panama's $20.6 billion services market and more than $15 billion in infrastructure projects...