EconomyNews
Though not a widely known quantity in Washington, Steven Mnuchin, President-elect Donald Trump’s choice for treasury secretary, has had a seasoned career in high finance,… Read More
EconomyCommentary
With the leak of Donald Trump’s tax records by The New York Times, and following round two of the presidential debates in which both candidates… Read More
EconomyAnalysis
A new working paper by economists Emmanuel Saez and Stefanie Stantcheva purports to overturn a widely cited finding that capital should not be taxed; it… Read More
EconomyNews
Conservatives are wary of internet sales tax legislation in the works that would create an “unlevel playing field” for online businesses. Republican leadership in Congress… Read More
EconomyAnalysis
Hillary Clinton’s newly proposed top estate tax rate of 65 percent on $1 billion estates can sound innocuous enough to the average taxpayer. Last year… Read More
EconomyCommentary
We all knew President Barack Obama’s lame-duck presidency would be bad, but for the millions of Americans who work at family farms and businesses, it’s… Read More
EconomyCommentary
Tax reform remains a central issue in Washington because of its overwhelming necessity. Tax reform is badly needed to revive the slow-growing economy and increase… Read More
EconomyNews
In 1991, Connecticut Gov. Lowell Weicker decried the state’s “orgies of spending,” and said his income tax proposal—which would include fiscal discipline—would balance the books. Connecticut… Read More
EconomyCommentary
Small businesses are America’s backbone. They employ more than half of America’s workforce, and for every large business (more than 500 employees), there are 1,500… Read More
PoliticsNews
Internal Revenue Service Commissioner John Koskinen made the rounds Wednesday on Capitol Hill to discuss his potential impeachment, meeting with two of the largest GOP… Read More
EconomyCommentary
Less than two months after Congress passed a package aimed to provide financial relief for Puerto Rico, the Obama administration is already at it again—this… Read More
EconomyCommentary
House Judiciary Chairman Bob Goodlatte, R-Va., has reignited the debate over state taxes on out-of-state (mostly internet-based) sales in releasing draft legislation to allow such… Read More
EconomyCommentary
President Barack Obama isn’t afraid to enact his agenda over the will of Congress. At this late stage in his presidency, he’s still overreaching his… Read More
EconomyCommentary
It’s a nuisance when an ATM charges you money to take money out. Imagine having to pay 31 cents for every dollar you withdraw. That’s how… Read More
EconomyCommentary
Countries around the world have made maintaining low corporate tax rates, as well as reducing rates, a priority in recent years. Meanwhile, the United States… Read More
EconomyCommentary
Proponents of higher government spending have used the Great Recession to argue that balanced government budgets hurt economic growth. In a new paper published by… Read More
EconomyNews
Legislation that would prevent the Internal Revenue Service from requiring tax-exempt organizations to include the names, addresses, or identifying information of donors in yearly returns… Read More
PoliticsNews
Conservatives’ campaign to impeach IRS Commissioner John Koskinen has yielded hearings but little else. As the congressional calendar slips by, some accuse House Republican leaders… Read More
EconomyAnalysis
House Republicans released a blueprint for tax reform on Friday. If Congress follows the architecture the blueprint lays out, it will create a strongly pro-growth tax… Read More
PoliticsNews
Lawmakers tore into the Internal Revenue Service days after new revelations surfaced about the tax collecting agency’s targeting of conservative groups. The House Judiciary Committee is… Read More
EconomyCommentary
Just a few months ago, Mexico looked like the poster country for soda tax advocates. “One of the world’s highest soda taxes appears to be… Read More
EconomyCommentary
Many people already think Tennessee is one of only a handful of states with no income tax, but as middle-class retirees can attest, it is… Read More
EconomyCommentary
It appears that the pop star Prince may have died without a will, leaving behind a multimillion-dollar estate. Although Prince has one full sister and… Read More
EconomyAnalysis
In an ideal world the federal government would collect all of the taxes that it was owed—and then spend only what it intended to. Unfortunately, things… Read More
EconomyNews
While the Internal Revenue Service continues to leave uncollected tax money on the table, the agency beefed up its surveillance capabilities in a move that… Read More
EconomyNews
A Minnesota commuter rail line is costing taxpayers approximately $22 per passenger, per trip. “When you’re subsidizing about 80 percent of every trip on the… Read More
EconomyCommentary
For many Americans, the days leading up to tax day are some of the most dreaded on the calendar. Over the past several weeks, Americans… Read More
EconomyAnalysis
Tax Day is almost here. As Americans all across the country finalize their tax filings, let’s take a look at where all those tax dollars… Read More
EconomyCommentary
The U.S. tax system makes it extremely difficult for international businesses to compete in the global market. A prominent and recent example of the lengths… Read More
EnergyAnalysis
A federal judge has ruled that a law enacted by Puerto Rico’s government to charge Wal-Mart more than three times the rate it charges other companies… Read More
