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Daily Archives: November 8, 2017

DavisPolk Posts Updated Tax Bill Navigator Tool

Tax Reform and Transition Blog: “An updated version of the Tax Bill Navigator is now available, which reflects the draft House bill, including all amendments adopted by the House Ways and Means Committee as of the morning of November 8th, 2017.  You can find the updated Tax Bill Navigator here. We have also generated a PDF comparison showing the sections revised by the Chairman’s amendments released on November 6th, which you can find here.  You can read more about those amendments here. We will be updating the Tax Bill Navigator periodically to reflect amendments incorporated into the draft House bill. If you want to view an older version of the Tax Bill Navigator click here. Continue Reading

Abraham Lincoln Papers Now Available in Full Color Online

Library of Congress: “The papers of Abraham Lincoln (1809-1865), lawyer, representative from Illinois, and sixteenth president of the United States, contain approximately 40,550 documents dating from 1774 to 1948, although most of the collection spans from the 1850s through Lincoln’s presidency (1861-1865). Roughly half of the collection, more than 20,000 documents, comprising 62,000 images, as… Continue Reading

Equifax says it owns all its data about you – really!

Senate Commerce Committee Hearing – Protecting Consumers in the Era of Major Data Breaches – November 8, 2017: “…“Massive data breaches have touched the vast majority of American consumers,” said [Senator John] Thune [R- S.D.]. “When such breaches occur, urgent action is necessary to protect sensitive personal information. This hearing will give the public the… Continue Reading

Once considered a boon to democracy, social media have started to look like its nemesis

The Economist – “…Looking at the role that social media have played in politics in the past couple of years, it is the fake-news squalor of Gamergate, not the activist idealism of the Euromaidan, which seems to have set the tone. In Germany the far-right Alternative for Germany party won 12.6% of parliamentary seats in… Continue Reading

Brief Preliminary Distributional Analysis of the “Tax Cuts and Jobs Act”

“The Tax Policy Center has produced preliminary distributional estimates of the Tax Cuts and Jobs Act as introduced on November 3, 2017. We find the legislation would reduce taxes on average for all income groups in 2018 and 2027. The largest cuts, in dollars and as a percentage of after-tax income, would accrue to higher-income… Continue Reading